A top House Republican says the White House’s new beneficial ownership rules are needlessly complex. U.S. Rep. Patrick McHenry, (R-N.C.), head of the House Financial Services Committee, questioned the new reporting requirements during a hearing on Wednesday (Feb. 14). Under the new rules, many businesses are required to...
No matter where you look — no matter who’s doing the quantifying — the consumerization of B2B is both a massive undertaking and, for the providers who get it right, a lucrative one. Earnings season has been a check-in on the state of change in...
Fast-food chain owner Inspire Brands may be nearing an initial public offering (IPO). Private equity firm Roark Capital has talked with potential advisers about a listing of Inspire Brands in late 2024 or 2025, valuing the business at about $20 billion, Bloomberg reported Wednesday (Feb. 14), citing unnamed sources. The...
When it comes to business-to-business (B2B) payments, a payment is never just a payment. That’s because commercial payments are two-party systems, at a minimum, where the actual payment is bookended and influenced by a variety of factors, workflows and features ranging from speed to security...
B2B eCommerce platform Go Autonomous is plotting its expansion after raising $10.3 million. The Danish company announced its Series A funding round in a Wednesday (Feb. 14) press release, saying the financing would speed the adoption of its artificial intelligence-powered product in Europe and the...
Enterprise messaging platform Slack is debuting Slack AI, its artificial intelligence (AI) tool to help users find information more easily. Slack AI is starting with a set of initial generative AI capabilities, including a search function that delivers personalized, intelligent responses to your questions, channel recaps...
Colombian FinTech Bold raised $50 million to expand its payments terminal offering. The company announced the General Atlantic-led Series C round Wednesday (Feb. 14), saying it would use the capital to deepen its position within Colombia’s merchant acquirer space. “Our work continues to empower small...
With clothing and footwear brands increasingly turning to resale programs to reach cost-conscious consumers and drive loyalty, Epson is noting the opportunity to apply a similar strategy in the printing and scanning space, expanding its refurbishing program. The company announced Wednesday (Feb. 14) its new...
PNC Bank will invest $1 billion to open more than 100 new locations and renovate 1,200 existing ones through 2028. The bank currently has about 2,300 brick-and-mortar locations across the country, PNC Bank said in a Wednesday (Feb. 14) press release. With this investment, the...
