Australia-based FinTech Grapple has launched a pair of B2B payments solutions designed to help small- to medium-sized businesses (SMBs) improve their cashflow. As the website Austrian Fintech reported Friday (July 22), Grapple Pay lets businesses register on the Grapple platform and pay suppliers upfront, and...
By this time next week, we will know how Amazon performed in the second quarter, as the eCommerce leader is set to report its latest earnings results Thursday (July 28). At this time last year, however, shares of Amazon were trading above $180 and were...
This week, the U.K. government introduced the Financial Services and Markets Bill, which would amend banking regulations to include stablecoins as a new payment method. The bill will also pave the way for the Treasury to issue new crypto rules. In the U.S., lawmakers are...
Despite seeing revenue growth in its most recent quarter, brand accelerator a.k.a. Brands said Thursday in a press release that it missed its net sales target amid slowing sales growth. “Sales were impacted by inflationary pressures on the consumer, shifts in spending and a slower...
The surge in eCommerce fueled by the pandemic is now slowing down as more people return to shopping in stores, a shift that could affect the amount of warehouse space needed as retailers and marketplaces expanded to meet demand. Several European retailers that only operate...
After a record $1 billion in net sales during this year’s first quarter, Mattel topped itself in the second quarter with sales of $1.2 billion, the toymaker said Thursday (July 21). According to the company’s Q2 earnings report, that figure represents a 20% increase over...
The Consumer Financial Protection Bureau (CFPB) should use its authority under Regulation E and the Electronic Fund Transfer Act (EFTA) to protect consumers from payment scams on peer-to-peer (P2P) services like Zelle, according to a letter sent to the agency by six U.S. Senators, all...
More choice, more flexibility — and the Main Street economy can thrive. Matan Bar, co-founder and CEO of B2B payments firm Melio, told PYMNTS’ Karen Webster that though we’re living in uncertain times stoked by inflationary fears, there are still opportunities for small businesses. The...
Until recently, it could take up to three days to transfer funds between accounts in Egypt, but the introduction of instant banking payments has completely changed the country’s payments landscape, Frans van Eersel, the CEO of Middle East and North Africa (MENA)-focused FinTech startup dopay,...
