Corporate card/spend management platform PEX has raised $160 million in new funding. The debt and equity financing will help support product innovation and allow PEX to expand...
Visa is cutting about 2,600 jobs, or 7% of its workforce, primarily from its technology and product teams, Bloomberg reported Tuesday (July 28), citing a...
Payward plans to expand its B2B infrastructure platform, Payward Services, with embedded, non-custodial wallet infrastructure by acquiring the wallet-as-a-service business of Magic Labs. Magic Labs’...
The Federal Reserve wants to make it easier for some eligible institutions to connect directly to its payment services without giving them everything that comes...
Digital financial platform Circle acquired IBM’s blockchain patent portfolio, according to a Monday (July 27) press release. “With this acquisition, Circle becomes the leader in...
Global sports platform Fanatics plans to offer its own federally regulated prediction market exchange after acquiring Water Street Labs and CX Clearinghouse from BGC Group....
Edenred, which provides digital solutions for employees, fleet managers and corporate payments across 44 countries, is seeing early results from its tech-heavy strategic plan Amplify...
Businesses are borrowing more from their banks again. Second-quarter earnings from KeyCorp, Regions Financial and PNC show the increase came through new loans, larger credit...
Cross-border payments platform Wise said Friday (July 24) that it will submit a new application for a U.S. national trust bank charter after the Office...