PayZen has raised $232 million for its AI-powered healthcare affordability program. The Series B funding, led by NEA and announced Tuesday (Aug. 13), came in the form of $32 million in equity and a $200 million credit warehouse. “This latest round is the next step...
Credit infrastructure provider Setpoint has raised $31 million in a Series B round. The funding round, led by 645 Ventures, will help fuel research and development, with an emphasis on expanding Setpoint’s engineering and data science teams, the company said in a Wednesday (Aug. 14)...
Modern Treasury has expanded instant payments support for mutual clients of six top banks. “Money is moving swiftly toward a real-time future, and seeing customers use Modern Treasury to enable instant payments with some of the largest banks in the U.S. is a testament to the...
As influencers experiment with the best platforms to monetize their followings, some find that to reach a luxury audience, Instagram and TikTok do not quite cut it. Caley-Rae Pavillard, an influencer and vice president of business development and partnerships at social monetization company ShopMy, told...
TaluCard plans to launch a physical biometric payment card and complementary app designed to provide an accessible and secure payment solution for users with visual impairments. Developed in collaboration with IDEX Biometrics and an unnamed London-based issuer, the card is expected to be introduced in...
There’s a battle brewing over shelf space in America’s grocery stores. As The Wall Street Journal (WSJ) reported Wednesday (Aug. 14), this conflict is being driven by a shrinking amount of real estate in grocery aisles as stores begin to include more of their own lower-cost products....
Payments represent the lifeblood of business success. And business success, like payments, is inherently complex. This inherent complexity, arising because today’s payments sit at the intersection of technology, finance, regulation, and end-user behavior, can impede businesses’ ability to maximize revenue. “The payments industry has moved...
A strong treasury department sees its banks not just as service providers, but as growth partners. Against that backdrop, the digital transformation of the banking sector is increasingly reshaping — and enhancing — the operations of traditional treasury teams. The global banking landscape has seen...
Business management software firm Sage is expanding its AP automation offering. The company, which makes accounting, financial, HR and payroll products for small and medium-sized businesses (SMBs), announced the expansion Tuesday (Aug. 13) as part of a series of enhancements and updates for customers of its Sage Intacct offering....
