Новости за 09.04.2024

Commercial payments firm Comdata has launched a contactless feature for its electric vehicle focused Chargepass Mastercard. As the company noted in a Tuesday (April 9) news release, the solution is designed to streamline payments for businesses by meeting their needs for public charging and mixed fleet fueling, with a single tap. “With over a decade of experience supporting […]

The fight over credit card late fees may go to Capitol Hill. Sen. Tim Scott of South Carolina unveiled a joint resolution Monday (April 8) that would prevent the Consumer Financial Protection Bureau (CFPB) from instituting caps on credit card late fees. The joint resolution, which would require both houses of Congress and the president’s signature to take effect, […]

Spendesk has acquired Okko to integrate procurement and spend management for mid-sized businesses into its existing spend management platform. With this acquisition, Spendesk advances its strategy of integrating procurement services that meet the needs of larger companies, the firms said in a Tuesday (April 9) press release. “While finance teams already use spend management features such as […]

Cross-border payment platform dLocal is partnering with payroll and payments platform Papaya Global to drive global workforce payments. Through the partnership, the companies aim to enable global firms to pay employees worldwide in local currencies in a timely fashion, according to a Tuesday (April 9) news release. The partnership is currently live in Latin America, […]

Healthcare technology platform Wellfit has teamed with FinTech HFD to offer consumers more health financing solutions. “This collaboration signifies a pivotal step towards enhancing accessibility to healthcare financing solutions across the entire credit spectrum,” the companies said in a Tuesday (April 9) press release. With the partnership, Wellfit can expand its capacity for offering tailored financing solutions, […]

Data management firm PRGX unveiled an artificial intelligence-powered accounts payable platform. Called Supplier Connect, the platform aims to foster more collaboration and efficiency in invoice inquiry and dispute management, PRGX said in a Tuesday (April 9) news release. Supplier Connect streamlines manual processes into AI-driven workflows that handle supplier inquiries and disputes faster and with more accuracy, leading to […]

As consumers increasingly engage across brick-and-mortar and digital channels, convenience retailers are integrating new technologies into the in-store experience. According to a recent report from the National Association of Convenience Stores (NACS), nearly two-thirds of shoppers are members of retailers’ loyalty programs. “Customers are using their phones to navigate your store; they are ordering ahead […]

Arizona Financial Credit Union (AZFCU) has launched a partnership with retail banking firm NCR Atleos. According to a Tuesday (April 9) news release, AZFCU has picked Atleos’ ATM as a Service (ATMaaS) offering to boost operational efficiencies within its self-service banking channel. “As many of the credit union’s ATMs were reaching end of life, AZFCU evaluated how to […]

Virtual assistants have become a hot topic, with Bank of America recently revealing that its virtual financial assistant, Erica, is now engaging with clients 2 million times per day, assisting with tasks ranging from monitoring recurring subscriptions to tracking deposits and refunds. But this surge in virtual assistant utilization is not confined to the finance […]

Augmented reality (AR) software firm Basemark has raised $23 million in a new funding round. Based in Helsinki, Finland, Basemark makes augmented reality (AR) tools that help automotive original equipment manufacturers (OEMs) to develop AR applications for their cars via its Rocksolid AR software development tools. The Series B round, announced Tuesday (April 9), will help Basemark […]

Friday marks the beginning of earnings season. And, as is always the case, every three months, the big banks will give a glimpse into the state of consumer spending and into a continuance of the great digital shift that has helped power banking across online and in-person channels. On Friday (April 12), we’ll see reports […]

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 a Tuesday (April 9) press release. Empower provides alternative credit underwriting and financial products for underserved consumers in the U.S. and Mexico, according to the release. […]

Fraud and risk platform DataVisor says it has launched a partnership with identity verification provider Mitek. The collaboration gives financial institutions (FIs) a single-platform check fraud protection service, the companies said in a Tuesday (April 9) news release. “Our vision has always been to create an end-to-end, comprehensive platform that effectively combats all types of financial fraud,” said Yinglian Xie, […]

European Union (EU) leaders reportedly aim to harmonize the member nations’ bankruptcy and corporate tax laws. The leaders will call for this and other changes during a summit scheduled for April 17-18, Reuters reported Tuesday (April 9), citing a draft document it had seen. The EU leaders will also seek the development of a European securitization market, better […]

Best Buy teamed with Google and Accenture on new artificial intelligence-powered offerings for customers. The electronics retailer will begin letting customers get help from an AI-powered virtual assistant, which can help them troubleshoot product issues; make changes to their order delivery and scheduling; and manage software, Geek Squad subscriptions and My Best Buy Memberships, according to a Tuesday (April 9) […]

Microsoft will invest $2.9 billion for artificial intelligence projects in Japan. The investment will go toward expanding Microsoft’s cloud and AI infrastructure in the country, training 3 million people in AI and setting up a Microsoft Research Asia lab in Tokyo, Microsoft said in a press release. This will be the biggest investment Microsoft has […]

The B2B landscape is built atop trusted relationships, both formal and informal. These relationships can include partnerships and collaborations with third-party vendors, suppliers, contractors, service providers and more; and while these relationships can offer numerous benefits such as cost savings, access to specialized expertise and expanded market reach, they also introduce various risks that can […]

Google has debuted several updates for its artificial intelligence (AI) suite for cloud computing clients. “Today, we are announcing that organizations can ground models in Google Search, giving customers access to the combined power of Google’s latest foundation models and access to fresh, high-quality information,” the company wrote in a Tuesday (April 9) blog post.  “This means users […]

Shopify is calling in reinforcements as eCommerce solution providers aim to equip brands and retailers to hold their own against Amazon. Cognizant, which provides digital solutions, technology consulting and IT services to various industries, is partnering with Shopify and Google to help brands and retailers upgrade their online shops, according to a news release. The collaboration combines Shopify’s online selling platform […]

Mastercard realigned its organizational structure to support its strategic priorities and position itself for “the next era of growth.” The realignment centers on three teams: Core Payments; Commercial and New Payment Flows; and Services, the company said in a Tuesday (April 9) press release. “These changes will reinforce our strategy and competitive advantage to drive long-term growth, […]

Wirex says it is creating a decentralized autonomous organization (DAO) for its payment platform WPay. The project is designed to give users the opportunity to play a larger role in shaping the future of the platform, the Web3 money app said in a Tuesday (April 9) news release. “The goal of establishing a decentralized governance for WPay demonstrates […]

Growing up in Kathmandu, Nepal, Sameer Maskey did not experience the internet until the age of 19. Yet 15 years after that first encounter, he established his own AI company. In 1998, he traveled to the United States to study at Bates College in Maine, earning his bachelor’s degree and experiencing the Internet for the […]

Binance’s new CEO said the cryptocurrency exchange is a more mature company now. Speaking with CNBC Tuesday (April 9), Richard Teng acknowledged concerns raised by the U.S. Department of Justice — which fined Binance $4.3 billion last year — over the company’s “better to ask for forgiveness than permission” ethos. “In those very early stages of development … Binance was operating […]

When you read about collaboration in the financial services industry the topic usually centers around banks and FinTechs. But maybe there’s more to that story. Because sometimes competitors can collaborate and when the topic turns to ID fraud, a team effort among banks just might be a welcome development. It’s certainly a development that’s top […]

Banks need new revenue streams. Retailers (and other businesses operating with razor-thin margins) need to fine-tune their go-to-market strategies and gain higher returns on marketing and advertising spend. To that end, J.P. Morgan Chase’s launch of its media platform signals the value of transaction-level data in crafting targeted offers, Banyan CEO Jehan Luth said. And you can expect to see more of […]