July 03, 2023
India’s Abound Raises $10 Million to Expand Remittance App
Indian cash-back and rewards app Abound has raised $10 million from the Times Group to expand its remittance offering. The app — owned by the Times of India and formerly...
July 03, 2023
Will Amex Gain With Apple Card and Young Consumers Where...
Goldman Sachs’ fizzle may give American Express some sizzle. Goldman is looking to offload its collaborations with Apple — most visibly the Apple Card — to tap into consumers’ unflagging appetite for credit. Goldman has been stepping back...
July 03, 2023
Ant Group Expands Payments Partnership With Italy’s Tinaba
Alipay and Tinaba have expanded their partnership to help Italian travelers make payments in Asia. Tinaba, a Milian-based payments company, announced in a press release the latest iteration of the team-up late Sunday...
July 03, 2023
Automation and Timing: The Benefits of Investing in a Down...
Conventional wisdom: Buckle down and cut costs during times of economic uncertainty. In the “Embedded Finance Tracker®,” Global Rewards’ Isaac Itzkowitz asks, why not buck the trend — and invest...
June 30, 2023
Consumers Purchase Groceries at Walmart, Saving Pricier Item Spend for...
Walmart’s strength may lie in its numbers, as its purchase rate far beats its closest competition. In-person shopping beats online in how often consumers shop at the world’s largest two...
June 30, 2023
A Tight Economy Calls for Spend Management Automation
A troubled economy continues to take its toll on small to midsized businesses (SMBs). Just half of small business banking customers are now considered financially healthy. Of the rest, half...
June 29, 2023
Zip Adds Virtual Cards to Intake-to-Procure Platform
Zip has added virtual cards to its intake-to-procure platform. The new Zip Vendor Cards enable businesses to speed up their vendor payments and strengthen their control and visibility into spend,...
June 29, 2023
Payments as a ‘Product’ Help Digital Ecosystems Modernize Money Movement
In verticals as far-flung as logistics, construction and retail, payments are embedded into the mix more deeply than ever before. Hersh Mansukhani, vice president of platforms and embedded payments, Fiserv,...
June 28, 2023
Visa Adds Core Banking Capabilities With $1B Pismo Acquisition ...
Visa plans to acquire Pismo for $1 billion cash to provide more solutions to its customers. The acquisition will also expand the geographic footprint of Pismo, a cloud-native issuer processing...