PYMNTS-MonitorEdge-May-2024

software

Treasury Prime Cuts Staff Amid Shift to ‘Bank-Direct’ Offering
Treasury Prime Cuts Staff Amid Shift to ‘Bank-Direct’ Offering
February 29, 2024  |  Banking

Embedded banking firm Treasury Prime is cutting staff amid a new shift in strategy. “For years, we’ve been saying that the future of banking is embedded, with regulated...

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Report: Apple Makes Last-Minute Attempt to Halt Antitrust Suit
Report: Apple Makes Last-Minute Attempt to Halt Antitrust Suit
February 28, 2024  |  ANTITRUST

Apple reportedly made an eleventh-hour attempt last week to stave off a federal antitrust suit. The company and its attorneys met with the U.S. Justice Department to...

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Treasury Management FinTech Embat Raises $15.96 Million to Expand Globally
Treasury Management FinTech Embat Raises $15.96 Million to Expand Globally
February 27, 2024  |  Investments

Embat, a FinTech company based in Madrid, Spain, has raised 14.7 million euros ($15.96 million) in a Series A round.  The company plans to use...

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Wix, Global-e Launch Cross-Border eCommerce Partnership
Wix, Global-e Launch Cross-Border eCommerce Partnership
February 20, 2024  |  Partnerships

Software company Wix announced a partnership with Global-e Online, which enables direct-to-consumer cross-border eCommerce, to offer Wix sellers a cross-border selling solution. The partnership builds...

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Platforms Solve Need for Speed When Businesses Want More Than Same-Day Delivery 
Platforms Solve Need for Speed When Businesses Want More Than Same-Day Delivery 
February 19, 2024  |  Delivery

The engine of modern life whirrs mostly in the background, powering conveniences unimaginable decades ago. But that doesn’t mean the engine runs uninterrupted. Last-mile delivery...

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DraftKings Looks to Hit Jackpot With Lottery Acquisition, Digital Innovation
DraftKings Looks to Hit Jackpot With Lottery Acquisition, Digital Innovation
February 16, 2024  |  Earnings

For many sports betting companies, the Super Bowl is, well, their Super Bowl. But daily fantasy sports contest and sports betting company DraftKings is more...

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FIs Explore GenAI Potential in Small Business Lending Despite Customer Concerns
FIs Explore GenAI Potential in Small Business Lending Despite Customer Concerns
February 12, 2024  |  Artificial Intelligence

Financial institutions are embracing the integration of generative artificial intelligence into their operations, recognizing it as a vital step to remain competitive in today’s fast-evolving...

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ZOZOFIT: Social Networking Drives Long-Term Engagement for Fitness Subscriptions
ZOZOFIT: Social Networking Drives Long-Term Engagement for Fitness Subscriptions
February 09, 2024  |  Subscriptions

As fitness subscriptions look to drive retention and build long-lasting customer relationships, ZOZOFIT is finding that including elements of social networking goes a long way...

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Carvana Reports Turnaround After Cutting Costs With Layoffs, Adding AI Tools
Carvana Reports Turnaround After Cutting Costs With Layoffs, Adding AI Tools
February 02, 2024  |  Business

Online used car firm Carvana has reportedly turned around its operations and debt over the past 18 months, lifting its stock price from $5 to...

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