Embedded payments are high on the list of hot topics in 2022, and as part of the broader embedded finance trend now building, expect to see more of it in more places. Calling embedded payments “the first wave of embedded finance” in a conversation with...
In a policy letter that read like part announcement and part warning, the Consumer Financial Protection Bureau (CFPB) put FinTechs on notice in April, with CFPB Director Rohit Chopra saying a little-used provision of the Dodd-Frank Act is now being employed to scrutinize nonbanks more...
An essential part of migrant workers’ lives is sending money abroad to recipients who often depend on funds for critical expenses such as housing, food and healthcare. This is why, according to Jose Ivars-Lopez, Ria’s U.K. and Ireland country manager, helping migrants to send money...
Integrating Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payments into eGrocery platforms while complying with federal and local regulations is no easy feat, which is why only three third-party payment processors (TPPs) have managed to do so. Against this backdrop, one such TPP,...
Uber has plans to boost rates in the U.K., with a 5% increase in London fares as the company tries to draw in more drivers, a Bloomberg report said. The prices will be boosted by different rates depending on the city, and Uber’s goal is...
United Arab Emirates-based corporate spend management firm Alaan has rolled out the UAE’s first business cashback card, a press release said Monday (Aug. 15). The release said business customers using Alaan cards will be rewarded with up to 2% of their spending. Alaan, which was...
It’s a big week for major retailers to release earnings, and as they do, market watchers will be wondering how recent technology investments are paying off and if they’re helping chains weather the economic storm. All eyes will be on Walmart Tuesday (Aug. 16), which...
Accounts payable and procurement automation company PairSoft has formed a payment processing partnership with Payments-as-a-Service provider Finexio. “PairSoft Pay, powered by Finexio, will further solidify the high performance of AP and procurement teams using PairSoft’s comprehensive solutions,” the company said in a news release Monday...
Dukkantek, a provider of store management platforms based in the United Arab Emirates, announced it has raised $10 million in pre-Series A funding. The company, which focuses on small and medium-sized retailers, said in a Monday (Aug. 15) announcement that it will use the funding...
