September 28, 2023
BIS and Central Banks Complete Test of Cross-Border Trading of...
The Bank for International Settlements (BIS) and three central banks concluded a central bank digital currency (CBDC) project. Project Mariana was developed by three BIS Innovation Hub centers along with...
September 27, 2023
Report: Almost $270 Billion in Leveraged Loans at Default Risk
Leveraged loans were a popular method of financing during the pandemic. Now, with interest rates set to stay high, they’ve turned into a major headache, The Wall Street Journal reported Wednesday...
September 27, 2023
Slope Raises $30 Million to Scale AI-Powered B2B Payments Platform
Slope has secured $30 million in an equity round to scale its artificial intelligence (AI)-powered payments platform for B2B businesses. The round was led by Union Square Ventures, and there...
September 27, 2023
Visa Debuts Virtual Card Solution With Lloyds Bank
Visa has teamed with Lloyds Bank to launch a virtual card solution for businesses. “Available now to Lloyds Bank customers, Visa Commercial Pay addresses businesses’ payments and purchasing administration challenges, such as controlling...
September 27, 2023
Are Credit Unions Ready for Cryptocurrency?
Few technologies have sparked more interest and controversy in recent years than cryptocurrency. The worldwide market capitalization of the digital currency hit more than $1 trillion earlier this year. Cryptocurrency...
September 26, 2023
Binance in ‘Do or Die’ Mode as Traders Imagine Life...
What would happen if the world’s largest cryptocurrency company suddenly collapsed? It’s a question the industry is asking about Binance, The Wall Street Journal reported Tuesday (Sept. 26), as that company faces legal...
September 25, 2023
FlexPoint Launches Payments Automation Platform for Managed Service Providers
Payments automation platform FlexPoint has announced its public launch to help managed service providers (MSPs) with cash flow. Founded last year, FlexPoint’s platform helps MSPs increase visibility into their cash flow and...
September 22, 2023
Swipe2B Tops $2 Billion in B2B Supplier Payments in UAE
Dubai-based payment solutions provider Swipe2B has surpassed $2 billion in B2B supplier payments in the UAE. The company’s payment solution offers a range of benefits for buyers and suppliers alike, Swipe2B said...
September 21, 2023
Tipalti Unveils Expense Management and Automation Tool
Finance automation platform Tipalti has debuted Tipalti Expenses, an expense management and automation solution. The tool integrates with Tipalti’s platform, which automates accounts payable (AP), procurement, cards and mass global...