PYMNTS News

Revlon Announces Interim CEO Appointment Post Financial Restructuring
Revlon Announces Interim CEO Appointment Post Financial Restructuring
August 01, 2023  |  Retail

Cosmetics maker Revlon has announced the appointment of Elizabeth “Liz” A. Smith as interim CEO of the company, effective Tuesday (Aug. 1). Smith takes over from Debra Perelman, who...

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SaaS Firm Mirakl Gets $110 Million to Fund M&A Plans
SaaS Firm Mirakl Gets $110 Million to Fund M&A Plans
August 01, 2023  |  Business

Software-as-a-Service (SaaS) platform Mirakl hopes to grow after signing a $109.8 million revolving credit facility. The company announced the new revolving credit facility (RCF) Tuesday (Aug. 1), noting it...

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Brex Adds AI-Powered AP Solution to Global Spend Platform
Brex Adds AI-Powered AP Solution to Global Spend Platform
August 01, 2023  |  Commercial Payments

Brex has added an artificial intelligence (AI)-powered accounts payable (AP) solution to its global spend platform. The new Payables solution combines enhanced bill pay capabilities and...

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Longtime Standard Chartered Exec Leaves for India’s Yes Bank
Longtime Standard Chartered Exec Leaves for India’s Yes Bank
August 01, 2023  |  Personnel

A 23-year veteran of U.K. bank Standard Chartered is reportedly departing for India’s Yes Bank. Manish Jain, who had been Standard Chartered’s co-head of corporate, commercial and institutional...

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HelloFresh Launches Dog Food as Consumers Splurge on Pet Meals
HelloFresh Launches Dog Food as Consumers Splurge on Pet Meals
August 01, 2023  |  Subscriptions

Consumers may be cutting back on food spending for themselves amid inflation, but few are willing to subject their furry friends to the same sacrifices,...

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UK FinTech Tide Adds Accrual-Based Accounting to Platform
UK FinTech Tide Adds Accrual-Based Accounting to Platform
August 01, 2023  |  B2B Payments

Tide, a United Kingdom FinTech, has added accrual-based accounting to its digital business finance platform for small- to medium-sized businesses (SMBs). This addition to the Tide...

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Melio Debuts Tool to Help Small Businesses ‘Pay Over Time’
Melio Debuts Tool to Help Small Businesses ‘Pay Over Time’
August 01, 2023  |  SMBs

B2B payments platform Melio has debuted a tool to help small businesses access capital. The company’s Pay Over Time product lets small- to medium-sized businesses (SMBs) pay vendors and...

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Priority Completes Acquisition of Plastiq and Combines B2B Offerings
Priority Completes Acquisition of Plastiq and Combines B2B Offerings
August 01, 2023  |  Acquisitions

Priority Technology Holdings has completed its previously announced acquisition of Plastiq. The includes substantially all of the assets of Nearside Business and PLV, as well...

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American Express Teams With Skipify on Frictionless Checkout
American Express Teams With Skipify on Frictionless Checkout
August 01, 2023  |  Partnerships

Frictionless commerce firm Skipify has launched a partnership with American Express to streamline checkouts. The collaboration, announced in a Tuesday (Aug. 1) press release, lets American Express (Amex) customers link their...

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