In an evolving economic landscape, the ability to innovate in working capital management is crucial. And with the news Tuesday (July 9) that the latest edition of the National Federation of Independent Business (NFIB) Small Business Optimism Index was, ultimately, not very optimistic, managing working capital more effectively...
European Banking Authority Chairman Jose Manuel Campa said the watchdog organization may make reporting requirements for nonbank financial institutions a “next step.” Campa said the rapid expansion of the “shadow banking” sector, which includes hedge funds, private credit providers and insurers, presents a lack of...
Paytm has reportedly received government approval to invest $6 million in its crucial payments subsidiary. That green light came from a government panel overseeing investments tied to China, allowing embattled Paytm to invest $6 million in Paytm Payment Services, Reuters reported Tuesday (July 7), citing sources with knowledge...
User growth at X has reportedly slowed since Elon Musk’s takeover in 2022. As the Financial Times (FT) reported Tuesday (July 9), the social media platform once known as Twitter is dealing with new competition from Meta-owned Threads, while Musk’s presence continues to be divisive....
Borrowing connects consumers with funds they need to pay for major expenses or to manage debt. As a result, the timely receipt of these funds can be crucial. Instant payments can play a key role in this equation. Not only are more consumers turning to...
When it comes to retail’s digital transformation, consumers with cash to burn are leading the charge. By the Numbers The 2024 edition of PYMNTS Intelligence’s “How the World Does Digital” report drew from a survey of 67,000 consumers across 11 countries that make up approximately...
Technological innovation moves fast, but sometimes businesses can move slowly. Or even not at all. Take for example the news from Reuters that the Japanese government officially, and finally, decided last month to cease the use of floppy disks for things like business and regulatory...
Around the world, computer vision checkout is growing, both in terms of its availability and its physical footprint, despite significant cost challenges to making the retail technology worth its while. German grocer Rewe recently announced Europe’s largest-yet computer-vision-powered checkout store, with its new roughly 13,000-square-foot...
Business identity platform Niva has launched after raising $3.3 million for its verification solution, according to a Monday (July 8) news release. Verifying the identities of small and medium-sized businesses (SMBs) by screening for fraud and meeting local and international know your business (KYB) requirements is a major...
