commercial payments

AI Enables Small Businesses to Reduce Number of Middle Managers

AI Enables Small Businesses to Reduce Number of Middle Managers
AI Enables Small Businesses to Reduce Number of Middle Managers
June 30, 2025  |  SMBs

Artificial intelligence is reportedly one of the factors driving small- to medium-sized businesses (SMBs) to reduce their number of middle managers. SMBs have joined enterprises...

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Tax ID Rule Changes Open Door for AI-Powered Bank Verification
Tax ID Rule Changes Open Door for AI-Powered Bank Verification
June 30, 2025  |  Banking

The digital age demands banks find new ways to ascertain at the point of onboarding that customers, whether enterprise clients or individuals, are who they...

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Home Depot Hopes to Build Up Pro Segment With GMS Acquisition
Home Depot Hopes to Build Up Pro Segment With GMS Acquisition
June 30, 2025  |  Partnerships

Last year, Home Depot acquired SRS Distribution, a distributor for roofing firms and construction projects. Now, SRS is conducting an acquisition of its own, buying...

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Trustly Says New Products and Partnerships Drive Pay-by-Bank Growth
Trustly Says New Products and Partnerships Drive Pay-by-Bank Growth
June 30, 2025  |  Earnings

Pay-by-bank solution provider Trustly reported Monday (June 30) that its total payment value increased by 54% year over year in 2024, driven by new products...

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Enrich Layer Acquires HR Signal to Enhance Data Products
Enrich Layer Acquires HR Signal to Enhance Data Products
June 27, 2025  |  Partnerships

Enrich Layer has acquired HR Signal to enhance the enrichment tools and data products it offers to customers across industries. The transaction, which was completed earlier...

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Alibaba.com Adds Balance’s B2B BNPL for US Business Users
Alibaba.com Adds Balance’s B2B BNPL for US Business Users
June 27, 2025  |  B2B Payments

Alibaba.com’s U.S. business users can now select Balance’s B2B buy now, pay later (BNPL) as a payment method at checkout. With this option, eligible users of...

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Expensify Expands International Support on Financial Management App
Expensify Expands International Support on Financial Management App
June 27, 2025  |  B2B Payments

Expensify has expanded the international support offered by its financial management app for expenses, travel and corporate cards. “Now companies everywhere can handle expenses, cards,...

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Capital One Eyes Banking and Card Expansion After Discover Acquisition
Capital One Eyes Banking and Card Expansion After Discover Acquisition
June 27, 2025  |  Credit Cards

Capital One Financial has reportedly entered a “new era” after completing its acquisition of Discover Financial Services. With the acquisition, Capital One grew in size...

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