For small businesses, paying suppliers or individuals has often meant dealing with paper checks, multiple systems or bank portals, or spreadsheets. Transcard reported in a Wednesday (Aug. 10) press release that it now helps these businesses streamline the way they make and receive payments by...
Streaming music service Spotify is making another venture into live music with plans to sell concert tickets directly to fans instead of linking to outside ticket companies. As Music Ally reported, the service — which debuted Wednesday (Aug. 10) — is just a pilot program...
Today in B2B payments, B2B automation services provider DocuPhase adds workflow automation company Frevvo to help grow its work in educational fields, and global freight and booking platform Freightos has expanded its scope beyond sea and air to land transportation. DocuPhase Acquires Frevvo to Extend...
Saying financial institutions (FIs) need to future-proof their businesses, digital and core banking platform Technisys has announced the latest release of its solution that helps retail and commercial banks accelerate their digital transformation. The latest release of Cyberbank Core provides tools that help these banks...
The Consumer Financial Protection Bureau (CFPB) is warning digital marketing companies working with financial firms that they must comply with federal law. Marketers engaged in identifying prospective customers or placing content to affect consumer behavior are typically considered service providers under the law, according to...
Amid rapid digitization that led to a skills gap along with labor shifts stemming from the pandemic, the U.K. financial sector is experiencing its highest level of job vacancy rates on record. As reported by Bloomberg on Wednesday (Aug. 10) the industry had more than...
Payments technology company Finix has raised $30 million in new capital, bringing the firm’s total funding to $133 million. “Finix raised at an increased valuation despite the more challenging economic environment this year,” the company said in a news release Wednesday (Aug. 10). Backers of...
TeamApt, a Nigerian business payments and banking platform, has just closed a financing round that includes investments from the FinTech specialist venture capital firm QED Investors, TeamApt announced Wednesday (Aug. 10). In a press release emailed to PYMNTS, CEO Tosin Eniolorunda said that “with this...
A benefit often available to consumers who use traditional forms of payment is also available to those who use cryptocurrency. Serving the growing number of consumers who make purchases using crypto, bitcoin and crypto payment services provider BitPay is launching cash back rewards for its...
