March 17, 2023
PXP Financial Taps Mastercard and Payall on Cross-Border Payments
PXP Financial is now collaborating with Mastercard and Payall to facilitate cross-border payments. This collaboration brings together Mastercard’s global technology, Payall’s payments infrastructure and PXP Financial’s acquiring and payment processing services, the companies said in...
March 17, 2023
SVB Collapse Has Companies Reviewing Financing, Cash Management Strategies
Silicon Valley Bank’s (SVB) failure killed the argument that midsize banks pose no systemic risk. Chief Financial Officers and corporate treasurers have gotten the message, and company executives are getting more concerned...
March 17, 2023
Tiger, SoftBank Writedowns of Private Tech Holdings Signal Chilling Effect...
Valuation of investments and companies remains an exercise in paper gains and paper losses. Nothing’s final until the investor, the VC fund or the mutual fund pulls the trigger. But...
March 17, 2023
Dollar General Takes Aim at Walmart, Beefs Up Private-Label Brands...
During challenging economic times, Dollar General continues to resonate with customers who are looking for value and convenience. During its latest earnings report Thursday (March 16), the discount retailer...
March 17, 2023
Visa Says Adoption of Open-Loop Transit Payments Is at a...
As transit systems move away from legacy payment methods like pay-as-you-go passes and toward contactless open-loop payments, it’s creating new commerce possibilities that not only benefit ridership and relieve urban...
March 17, 2023
Will FedNow’s July Launch Ignite Real-Time Payments in the US?
The Federal Reserve’s FedNow real-time rail debut is imminent. Financial institutions (FIs) including banks and credit unions have been using services from Zelle to rails like the RTP Network from...
March 16, 2023
Seniors Tap Medicare Marketplaces to Stretch Healthcare Dollars
Amid a considerable expansion of Medicare plan choice and an increasingly complex Medicare market, online healthcare insurance marketplace GoHealth is making changes to its business model, focusing on proprietary technology,...
March 16, 2023
Corporate Card Startup Parker Emerges From Stealth
Parker has emerged from stealth with a corporate card offering net terms and higher limits. The startup emerged with $157 million in equity and debt funding, much of which was...
March 16, 2023
OpenLoop Raises $15 Million to Grow White-Label Telehealth Support Platform
OpenLoop has raised $15 million in Series A funding for its white-label telehealth support platform. The firm has also begun enabling clients to offer reimbursable services to patients via a...
