Logility added generative artificial intelligence capabilities to its range of prescriptive supply chain planning solutions. The company aims to use the technology to help enterprises to make faster decisions and gain a competitive advantage in the market, Logility said in a Tuesday (Feb. 6) press...
Mangopay, a payment infrastructure provider for marketplaces and platforms, and Sprinque, a B2B payments platform, partnered on B2B cross-border payments. The collaboration aims to offer merchants and marketplaces a customizable payments infrastructure, enabling them to tap into B2B cross-border opportunities, the companies said in a...
Brazilian neobank Nubank is predicting it will someday become Latin America’s largest financial service company. “I think that will happen eventually,” CEO David Vélez told the Financial Times (FT) Tuesday (Feb. 6), referring to the company’s ambitions to lead its industry in terms of customer numbers. “We’re now in the...
J.P. Morgan Chase, one of the largest banks in the United States, reportedly plans to open more than 500 new bank branches over the next three years. The move aims to expand the bank’s presence in areas where it lacks representation, Reuters reported Tuesday (Feb....
Len Covello, chief technology officer of Engage People, told PYMNTS in an interview that merchants are going to need to fine-tune, and in some cases overhaul, their rewards offerings. “Consumers have higher expectations of what they’re going to get, ultimately, from loyalty programs,” he said. In...
Rahul Hampole, head of payments at Plaid, said pay by bank is gearing up for widespread adoption — but much depends on use cases that are offered, spanning pay-ins … and payouts. He noted that there’s already a history of banks linking to various payment options...
What’s better than $10,000? Try $25 million. That, it appears, is the thinking of an emerging cohort of bad actors and financial criminals behind a worrying rise in commercial banking fraud. After all — why target individuals when you can target big ticket business-to-business (B2B)...
Cybera, a provider of advanced reporting and prevention tools, has launched a strategic integration with Chainalysis, a blockchain data platform, to equip government agencies and compliance teams with enhanced insights to combat scams and prevent financial cybercrime. The integration of Cybera’s artificial intelligence (AI)-driven global dataset,...
Reddit is reportedly preparing for a potential initial public offering (IPO) in the United States. The social media company and its advisers are expected to unveil the public IPO filing as early as this month, and Reddit has been advised to consider a valuation of at...
