The convenience that new fintech tools offer is an important factor for user compliance, and that is why consumers in the United States are actively supporting them. To cater to these preferences, innovative payment options like P2P payment apps and autopay have become popular. One such platform, FedNow, was introduced last year with the aim […]
FedNow Service has 500 Plus Participating Institutions Read More »
Fiserv, a company that provides technology for payments and financial services, has introduced the Fiserv Small Business Index. This unique tool evaluates the performance of businesses in the United States based on state and industry factors. Unlike other indexes, this index stands out because it directly uses data from around 2 million businesses in the
Fiserv Launches a Small Business Index Read More »
Truist Financial plans to reduce its branch network by March as part of its cost-saving strategy. According to recently released data, Truist Financial operated a total of 2006 branches across 17 states and Washington, DC, as of December 29, 2023, and Truist closing branches could amount to around 4% of it. Although TFC has not
Truist Closing 72 Branches by March 2024 Read More »
Canadian fintech company Nuvei recently revealed its most recent connection with Dynamics 365, an ERP (Enterprise Resource Planning) system supplier designed specifically for small and medium-sized enterprises. Through this partnership, businesses globally may easily incorporate a range of payment options into their current Dynamics 365 Business Central division, including credit card payments, immediate bank transfers,
Nuvei Integrates AR Automation And EPR Payments In Microsoft Dynamics 365 Read More »
Talus Pay is a prominent player providing payment processing services and has recently completed the acquisition of two companies – Clarus Merchant Services and Jobox.ai. Clarus Merchant Services is a top vendor of comprehensive B2B financial services, while Jobox.ai, recognized for its FinTech innovations, specializes in the housing service sector. This is a strategic acquisition
Talus Pay Welcomes 2024 With Not One But Two Strategic Acquisitions! Read More »
Affirm, a payment network in the US, has joined forces with Blackhawk Network, a digital gift card distributor. This partnership offers consumers more options when buying gift cards, especially as they become popular during the holiday season. Thanks to this collaboration, shoppers can use Affirm to purchase digital gift cards from a wide range of
Nuvei Corporation has rolled out its card-issuing solution in 30 countries worldwide. This means Nuvei’s clients can now provide their customers or staff with physical and digital white-label cards. By combining this new feature with its existing payment services, Nuvei offers itself and its clients a unique advantage. This dual capability brings several advantages, such
Nuvei Launches Card-Issuing Read More »
Payroc WorldAccess LLC, a leading name in payment processing, and DINGG, a trailblazer in salon and spa software, have joined forces to revolutionize the beauty and wellness industry. This collaboration is big news for salon and spa owners. By combining Payroc’s strong payment solutions with DINGG’s innovative salon software, they’re offering a one-stop solution for
The global payments giant Visa has finalized an agreement to buy out a majority stake in the Mexican payment processor PROSA. The undisclosed transaction aims to enhance digital payment adoption in Mexico. The deal is set to conclude in the second half of 2024, subject to regulatory approvals and standard closing conditions. Under the agreement,
Visa Strengthens Digital Payments In Mexico With Majority Stake Acquisition In Prosa Read More »
Credit card industry leader Discover Financial Services (DFS) has officially named Michael G Rhodes its CEO and president. The appointment is set to take effect on or before 6th March this year, coinciding with his inclusion on the Company’s Board of Directors. Additionally, Mr. Rhodes will assume the role of President at Discover Bank and
Michael G. Rhodes Takes The Reins As CEO And President Of Discover Financial Services Read More »
Adobe has decided to cancel its planned acquisition of design software company Figma for $20 billion. The reason cited is the difficulty in getting approval from both the EU and the United Kingdom. The UK’s CMA (Competition and Markets Authority) had previously indicated that a significant part of Figma would need to be sold off,
Adobe And Figma End The $20 Billion Merger Due To Regulatory Roadblocks Read More »
Online retailer Zulily shutting down its operations to liquidate assets was a surprise to many. Zulily’s shutting down led to the layoffs of numerous employees after attempts to turn the business around fell short. Founded in 2010 by Mark Vadon and Darrell Cavens in Seattle, the platform has attracted millions of daily visitors looking for
Online Retailer Zulily Shutting Down Its Operations, To Liquidate Assets Read More »
Salesforce, known for its cloud software, is set to buy Spiff, a company specializing in sales commission tools. This move strengthens Salesforce’s sales offerings, giving users a more robust platform. Established in 2017, Spiff has been a game-changer in automating sales commissions. Spiff offers a user-friendly interface that simplifies the process for businesses to set
Salesforce Acquires Spiff With Focus To Expand Its SPM Offering Read More »
A significant majority of CFOs want to adopt real-time transaction solutions, also known as instant payments, within the next two years. This indicates a substantial increase compared to the adoption rate, which is less than half. As of September 1st, The Clearing House (TCH), the operator of the RTP Network that has been operational since
CFOs Adopt Cautious Strategy for Leveraging Instant Payments Read More »
Pay with Bank Transfer, a division of American Express, recently revealed that they have chosen Nuvei Corporation, a known fintech company, to be their first authorized acquirer responsible for promoting and delivering the innovative payment method made possible by Open Banking. As Nuvei Partners with American Express to enable effortless A2A payments, this forward-thinking payment
Nuvei Partners with American Express to Enable Effortless A2A Payments Read More »
Unlike many new corporate leaders, PayPal’s New CEO, Alex Chriss, has not hesitated to make significant directional changes early in his tenure. In the Q3 earnings call. Chriss, who took over as CEO after Dan Schulman on September 27th, emphasized his focus on achieving growth. This marks a departure from Schulman’s emphasis on PayPal’s checkout
PayPal New CEO, Alex Chriss, Asserts Leadership in First Ever Earnings Call Read More »
SmileDirectClub, the D2C aligners company, has decided to shut down after filing for Chapter 11 bankruptcy protection. The announcement of the global operations winding down came abruptly, conveyed through a note on the company’s website on December 8th. This move follows closely on the heels of SmileDirectClub’s filing for Chapter 11 bankruptcy protection less than
What Happened to SmileDirectClub? Read More »
Kroger, a known supermarket chain in the United States that has been around since 1883, has recently broadened its range of digital services offerings, including its easy-to-use mobile app. This convenient platform allows customers to effortlessly order groceries for pickup or delivery, giving them flexibility when it comes to shopping. To enhance payment options for
Kroger Begins Taking Apple Pay as Shoppers Demand Easier Payments Read More »