PYMNTS News

Shopify Picks Ramp as Its Expense Management Provider
Shopify Picks Ramp as Its Expense Management Provider
August 01, 2023  |  Commercial Payments

Finance automation platform Ramp says Shopify has chosen it to provide expense management expertise. And in turn, the company announced Tuesday (Aug. 1) Ramp has used the guidance of Shopify...

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Riskified Integrates Fraud Prevention Solutions With commercetools’ eCommerce Platform
Riskified Integrates Fraud Prevention Solutions With commercetools’ eCommerce Platform
August 01, 2023  |  Security & Fraud

Riskified has integrated its fraud prevention and risk management solutions with commercetools’ eCommerce platform. The integration allows merchants using commercetools to combat payment fraud while ensuring a frictionless customer...

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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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