The payments landscape can be — and frequently is — shaped by both innovations and regulations. And with the news that businesses in the United Kingdom have just two weeks left to prepare for the Oct. 1 enactment of the Employment (Allocation of Tips) Act...
Wells Fargo has introduced specialized application programming interfaces (APIs) tailored for its commercial banking clients. “Our new APIs provide clients real-time, on-demand information so they can efficiently and seamlessly manage inventory, supply chain, and payments,” Daniel Pfeiffer, the bank’s head of receivables, trade and inventory finance, said...
Uber has announced the nationwide launch of two features designed to improve the safety of drivers: rider verification and the ability to record video and audio during trips with their smartphones. Both features have been tested in pilot programs and will now be made available...
TurboTax maker Intuit debuted a new product suite for mid-market businesses. Intuit Enterprise Suite is designed to serve an $89 billion total addressable market of larger, mid-market businesses whose needs become more complex as they scale, according to a Tuesday (Sept. 17) press release. “As...
Early-stage venture capital firm Patron says its second fund has raised $100 million. The fund, announced Tuesday (Sept. 17), included investors such as Andreessen Horowitz Co-founder Marc Andreessen and General Partner Chris Dixon. Patron said the investor support highlights confidence in a future where technology is shaped by mass consumer adoption of games....
Yellow.ai launched a large language model-powered voice platform that powers artificial intelligence agents designed to handle high volumes of customer inquiries in customer service applications. The new VoiceX platform is designed to deliver a more human-like intelligent conversational experience than traditional voice bots that often...
Monzo has begun letting its card customers access Apple’s monthly installment payments offering. The U.K. digital lender announced Tuesday (Sept. 17) that it is launching a credit card feature that lets customers choose monthly payments before completing their purchase online with Apple Pay when using the bank’s credit card product...
Loop raised $6.4 million CAD ($4.7 million) to expand its financial management platform for small businesses. The funding comes on top of a $4 million CAD ($2.9 million) round in 2022, according to a Tuesday (Sept. 17) press release. “Modern companies are built to operate...
Oracle has launched a new service designed to help banks, FinTechs and other financial services companies identify potential financial crime and compliance issues and reduce compliance costs. The new Financial Crime and Compliance Management (FCCM) Monitor Cloud Service gives these organizations a holistic, centralized view...
