Embedded payments can open the door to monetizing new revenue streams, deepening customer engagement and growing new lines of business. However, retail marketplaces, payment facilitators (PayFacs), and independent software vendors (ISVs) must navigate heightened economic uncertainty and complex regulatory and compliance requirements in their quest...
Generative artificial intelligence (AI) is one of the latest ground-breaking technologies in 2023. Conversely, people have been breaking ground with agricultural techniques since civilizations began. As we head into 2024, might there be potentially game-changing synergies between humanity’s newest invention, AI, and one of its...
As the payments industry gears up for 2024, exciting transformations are on the horizon. Many, in fact, are already here. And for those transformations that are just around the corner, they are often chasing existing consumer behaviors and business demands around speed, convenience and security....
Headed into the last week of the year — a shortened week due to the holidays — the FinTech IPO Index gained 8%. BNPL Bounce Continues Affirm shares gathered 6.9%, with a continued bounce on positive sentiment and partnerships surrounding buy now, pay later. As...
Artificial intelligence-driven automation company GreyOrange raised $135 million in a Series D funding round. The capital will support further adoption of GreyOrange’s fulfillment orchestration platform in warehouses, distribution centers and retail stores, according to a Thursday (Dec. 21) press release. “Not only has GreyOrange automated...
Cybersecurity firm WISeKey has integrated Spain’s Port of Algeciras into its WISeSmartContainers Consortium. “WISeSmartContainers represents a revolutionary technological platform in the transport and logistics industry, enabling complete traceability of container movements and thus facilitating logistics in ports,” the company said in a news release Thursday...
The U.S. Department of Transportation is reportedly closely examining the frequent flyer programs of major U.S. airlines, aiming to identify potential deceptive or unfair practices within these loyalty programs. One of the key focuses of the scrutiny will be on transparency practices, ensuring that customers...
Commerce and logistics solutions provider Cart.com has received $30 million in financing from Trinity Capital. The growth capital will let Cart.com scale its operations and bolster its balance sheet, Trinity said in a news release Thursday (Dec. 21). The new financing follows a $60 million Series C round in June that...
Beyon will launch a new vertical offering digital financial solutions for both small and medium-sized businesses (SMBs) and corporates by the end of the first quarter of 2024. The new Beyon Money Business offering will be launched in Bahrain and will then expand into the...
