Direct debits have been popular through the decades — across a variety of use cases — especially when it comes to bill payments and subscriptions. Enterprises withdraw money from accounts according to set parameters. Those parameters span dates, or dollar amounts, and tend to be...
Innovations wouldn’t be deemed as such if they didn’t change things in a transformative way. And the world of B2B payments — characterized by complex workflows, intricate data requirements and entrenched manual processes — is finding this out in real time, as businesses across various...
Last-mile delivery management firm Onfleet has integrated with fleet insurance firm Fairmatic. “Businesses that take advantage of the integration will develop a better understanding of their delivery drivers’ performance with a free driver analytics dashboard that can reduce insurance rates,” the companies said in a...
Health and wellness-focused FinTech Flex raised $3.2 million in seed funding. The new financing will help the company with its mission of offering direct-to-consumer health and wellness brands an easier way to accept health savings account (HSA) and flexible spending account (FSA) payments online, according...
It’s said in jurisprudence that hard cases make bad law. Bad laws have the unintended consequences of hurting society, encouraging bad behavior, or both. In payments, and in the United Kingdom, the hard choices of what to do about authorized push payment (APP) fraud are...
Revolut Business has launched Revolut BillPay, a feature that automatically pulls bills in from the user’s accounting software or allows users to upload bills to their account. “With full 2-way syncing and AI-powered data extraction for every part of every bill, all that’s left for...
U.S. Bank is introducing a pair of savings and credit rewards products. Released under the bank’s Bank Smartly program, these offerings are designed to work in tandem to let users maximize credit card rewards and earn more on their savings balances, according to a Wednesday...
Anthropic introduced a Claude Enterprise plan that helps organizations collaborate with its artificial intelligence assistant, Claude, using internal knowledge. The new plan includes an expanded 500K context window, more usage capacity, a native GitHub integration and enterprise-grade security features, according to a Wednesday (Sept. 4)...
Nordstrom has received a proposal from its CEO Erik Nordstrom, President and Chief Brand Officer Pete Nordstrom, other members of the Nordstrom family and Mexican omnichannel company El Puerto de Liverpoolto acquire all the outstanding shares of the company and take the company private. The...
