Latest News

allbirds makes public debut

Allbirds Makes Public Debut; Nike Links Loyalty Program With Dick’s Sporting Goods

The shares of Allbirds, the famous shoemaker, have seen a surge of 90%, as the company’s valuation has reached $4.1 billion. Allbirds is popular for its woolen sneakers, as well as, slip-on. Nike and Dick’s Sporting Goods, on the other hand, have decided to collaborate to expand Nike’s footwear and apparel collection.  Allbirds Make a …

Allbirds Makes Public Debut; Nike Links Loyalty Program With Dick’s Sporting Goods Read More »

facebook enables app creators

Facebook Enables App Creators to Pay Outside the Apple’s App Store

The CEO of Facebook, Mark Zuckerberg, declared that content creators can use custom web links, allowing their followers to make payment for the subscription services using Facebook’s native payment model. If someone uses your Facebook’s custom link to sign up for the subscription, instead of Apple’s in-app subscription, you get to keep the money. This …

Facebook Enables App Creators to Pay Outside the Apple’s App Store Read More »

mastercard steps ahead in b2b payments

Mastercard Steps Ahead in B2B Payments with New Supply Chain Finance Offering

Mastercard announced a collaboration with the UK-based finance solution provider “Demica” on its website on 21st October. The company is all set to expand and improve its Track Business Payment Services that started in 2020. Mastercard is working on its Track Business Payment Service to make working capital easily accessible with lower operational costs. It …

Mastercard Steps Ahead in B2B Payments with New Supply Chain Finance Offering Read More »

homelight expands real estate financial products 1

HomeLight Expands Its Real Estate Financial Products in Arizona

HomeLight, a real estate technology platform that transforms the home-buying and selling process for top agents and clients, announced that it would expand its flagship financial products, HomeLight Trade-In and HomeLight Cash-Off, to more agents, homebuyers, and sellers in Arizona. This expansion has followed 700% product growth since January 2020. It is supported by a …

HomeLight Expands Its Real Estate Financial Products in Arizona Read More »

snap shares plunge

After Apple Privacy Changes Hit Ads Business Snap Shares Plunge 25%

Snapchat’s shares plummeted 25% after Apple declared a few critical privacy changes in Apple’s App Store. The owner of Snapchat mentioned that its shares witnessed a decline since Apple’s new privacy policy has affected Snap’s digital advertising. These changes were introduced on Apple’s App stores causing a significant disturbance in the ad management. Not only …

After Apple Privacy Changes Hit Ads Business Snap Shares Plunge 25% Read More »

uber freight partners with marqeta

Uber Freight Partners with Marqeta and Branch to Offer Faster Payments

Marqeta is a platform where companies can issue and manage personalized card programs. Recently, it has decided to become partners with Branch, a reputable platform for workforce payments. Uber Freight is partnering with these two giants of the finance industry to streamline its payment process. The reliability and swift payments will bring carrier-first financial services …

Uber Freight Partners with Marqeta and Branch to Offer Faster Payments Read More »

pax technology raided by fbi

Point of Sale Manufacturer Pax Technology Raided by FBI

Federal agents raided the Florida headquarters of PAX Technology, a Chinese producer of point-of-sale systems used by millions of companies and merchants worldwide. According to KrebsOnSecurity, the raid is related to allegations that PAX’s computers were used in cyberattacks on U.S. and European Union targets.  PAX Technology Inc., headquartered in Shenzhen, China, has more than …

Point of Sale Manufacturer Pax Technology Raided by FBI Read More »

restaurant credit card fraud

Restaurant Credit Card Fraud & Chargebacks: What Operators Need to Know

The growth of online orders has led to more sales for many restaurant owners. Online transactions helped many businesses to survive in the middle of the pandemic. When dining restrictions were enforced, many restaurants turned to third-party apps or built their own websites to generate orders online. While online orders meant more sales, it came …

Restaurant Credit Card Fraud & Chargebacks: What Operators Need to Know Read More »

binance to raise $1 billion fund

Binance to Raise $1 Billion Fund to Increase Adoption of its SmartChain and Other Blockchain Tech

Did you notice how drastically Binance Coin’s (BNB) Price surged a few days ago while the rest of the altcoins were bleeding badly? It was hard to miss such a dramatic increase but the question is whether it was a manipulative move or there was a solid reason behind it. On Oct 12, 2021, Changpeng …

Binance to Raise $1 Billion Fund to Increase Adoption of its SmartChain and Other Blockchain Tech Read More »

credit card processing trends

Trends in Mobile Credit Card Processing for Fall 2021 and 2022

Over the last 12 months, almost every retailer felt the need to shift from the in-store traditional payment methods to the new-age digital methods. Businesses have also understood that this shift has a vast scope – it is not just a momentary reaction to the prevailing coronavirus pandemic, but a long-term trend. IBM’s U.S Retail …

Trends in Mobile Credit Card Processing for Fall 2021 and 2022 Read More »

sinch acquires pathwire mailgun

Sinch Acquires Pathwire, Mailgun, in 1.9B Transaction

Sinch is Sweden’s leading communication service provider in the world. The company is renowned for its cloud communication tools that ensure seamless and fast communication between businesses and customers. It has recently made a big announcement of acquiring Pathwire, the developer of Mailgun – the software that supports quick and efficient delivery of emails as …

Sinch Acquires Pathwire, Mailgun, in 1.9B Transaction Read More »

merchant services

Top Merchant Services Trends to Watch in Fall 2021 and 2022

The past year has been full of surprises for merchants, processors, and everyone involved in the payment processing ecosystem. There have been many unexpected highs and lows, but overall the trajectory of the industry has been positive despite some immense challenges. We saw the evolution of payment channels to handle consumer demands and COVID-19 threats. …

Top Merchant Services Trends to Watch in Fall 2021 and 2022 Read More »