April 10, 2024
Nav Adds ‘Credit Health Experience’ to Business Financial Health Platform
Nav has added a new “credit health experience” to its financial health platform for small businesses. The new Nav Credit Health helps small business owners understand their business and personal credit,...
April 10, 2024
Store Card Revenue Under Pressure From Late Fee Change, BNPL
Retailers’ revenue from store credit cards is reportedly facing pressure for several reasons. These forces are impacting all retailers, but especially department stores, whose businesses face other challenges as well,...
April 10, 2024
Ex-PayPal CEO Dan Schulman Joins Valor Capital
Former PayPal CEO Dan Schulman has been named managing partner at Valor Capital. The firm, which says it launched the first U.S. and Latin American cross-border venture fund in 2011, announced Schulman’s appointment in a Monday (April...
April 10, 2024
Brands Use Mobile Data to Deepen Loyalty Connections With Customers
Loyalty programs have long served as a cornerstone for businesses seeking to cultivate lasting relationships with their customers. With the ongoing evolution of mobile technology and advancements in payment innovations,...
April 10, 2024
‘Handful’ of AI Firms Weighing Stock Market Listings
A New York Stock Exchange executive says multiple artificial intelligence (AI) startups are exploring going public. “I’d say that the majority of the companies that are truly pure-play, AI-focused are...
April 09, 2024
Capturing the $250 Trillion Cross-Border Payments Opportunity
With every innovation, the world gets a little bit smaller and interconnected. And with the news Monday (April 8) that Kyriba and Onyx, a J.P. Morgan business unit, are collaborating to better streamline cross-border payments, global...
April 09, 2024
Santander to Launch Openbank Digital Bank in US, Mexico
Santander will launch its digital bank, Openbank, in the United States and Mexico in the second half of 2024. Currently, Openbank serves 2 million customers in four European countries — Spain, Portugal,...
April 09, 2024
Kyriba Adds AI-Powered Cash Forecasting Feature to Platform for CFOs
Kyriba has added artificial intelligence (AI) features to its platform that helps chief financial officers, treasurers and IT leaders optimize their liquidity. The new AI functionality improves cash forecasting, bank...
April 09, 2024
Empower Signs Deal to Acquire Petal, Completes Purchase of Cashalo
Empower Finance plans to acquire Petal and has completed its acquisition of Cashalo. These acquisitions will expand Empower’s credit offerings to new markets in the United States and Southeast Asia, the company said in...