Procurement Tool Provider Pivot Raises $21.6 Million to Expand in Europe
Procurement Tool Provider Pivot Raises $21.6 Million to Expand in Europe
December 13, 2023  |  Investments

Procurement tool provider Pivot has secured 20 million euros (about $21.6 million) in Series A funding. This funding round comes six months after the firm’s...

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Is B2B Ready for a Real-Time Payments Overhaul?
Is B2B Ready for a Real-Time Payments Overhaul?
December 13, 2023  |  B2B Payments

Real-time payments have the potential, and the promise, to overhaul all corners of commerce. The recent introduction of the FedNow® System is only the latest...

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British Payment Regulator Calls for Cross-Border Card Fee Cap
British Payment Regulator Calls for Cross-Border Card Fee Cap
December 13, 2023  |  Regulation

Visa and Mastercard are under pressure to cap cross-border merchant fees in the U.K. The Payment Systems Regulator (PSR) on Wednesday (Dec. 13) published an update to its review of cross-border...

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Automated Food Preparation Expands Amid Consumer Concerns
Automated Food Preparation Expands Amid Consumer Concerns
December 13, 2023  |  ResTech

Autonomous restaurants are increasingly appearing throughout North America, with several new entrants into the space in the past couple of weeks alone, despite consumers’ hesitations....

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Brands Capitalize on FSA Spending to Boost Holiday Sales 
Brands Capitalize on FSA Spending to Boost Holiday Sales 
December 13, 2023  |  Retail

Although consumers are making purchases, the reluctance to spend remains prevalent. As such, brands and retailers are trying new ways to entice consumers to shop...

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Visa’s Provisioning Intelligence Service Wages War Against $450 Million in Token Fraud 
Visa’s Provisioning Intelligence Service Wages War Against $450 Million in Token Fraud 
December 13, 2023  |  Security & Fraud

The value of tokenization — where sensitive information is replaced by unique algorithmically generated numbers and letters — has gained wide acknowledgement in commerce. James...

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Melio Adds Real-Time Payments to B2B Platform
Melio Adds Real-Time Payments to B2B Platform
December 13, 2023  |  Real-Time Payments

B2B payments platform Melio added real-time payments to its suite of offerings. The new service lets payors deliver funds instantly to vendors, according to a...

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Google Pay Pilots BNPL as Consumers Clamor for Payment Choice at Checkout
Google Pay Pilots BNPL as Consumers Clamor for Payment Choice at Checkout
December 13, 2023  |  Buy Now Pay Later

Concert tickets are expensive, even if you’re not a Swiftie angling for a seat at the Eras tour or a golden oldie seeking Stones tickets...

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Trustly Says Merchants’ Desire for Instant Payouts Drives RTP Demand
Trustly Says Merchants’ Desire for Instant Payouts Drives RTP Demand
December 13, 2023  |  Real-Time Payments

Trustly has found that merchants’ desire to provide instant payouts to their customers is driving demand for its Real-Time Payments (RTP) service. Due in part to...

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