PHX Ventures has announced an over-subscription of its second fund at $25.4 million to invest in Arizona’s high-growth B2B software companies. Founded by software entrepreneur Gregg Scoresby, the seed-stage venture capital (VC) firm was created to fill a gap in the state’s local software industry, providing institutional-quality,...
Money is evolving beyond Jeffersons, Jacksons and Benjamins, as digital solutions transform the landscape. This, as more than 4 in 10 Americans (41%) say they don’t use cash to pay for their typical weekly purchases. Credit cards and cell phones have already been disrupting the...
Venmo will introduce a new feature for businesses to accept payments separate from the individual owner’s account, a press release says. The payments company said the idea was to add features for those like “sole proprietors, casual sellers, and users with a side hustle” to...
Some cash-strapped people are losing some or all of their coronavirus stimulus money because their bank accounts are overdrawn. “For weeks, we have pressed the Treasury Department to exercise its authority and ensure that Americans receive the full amount of their stimulus payments,” senators Elizabeth...
February 18, 2023
Money is evolving beyond Jeffersons, Jacksons and Benjamins, as digital solutions transform the landscape. This, as more than 4 in 10 Americans (41%) say they don’t use cash to pay for their typical weekly purchases. Credit cards and cell phones have already been disrupting the physical cash market for years, creating a future-fit opening for […]
October 18, 2018
Volatility in the stock markets and rising rates may have ripple effects — among them a greater amount of risk tied to FX transactions. Karl Schamotta, chief market strategist at...
July 20, 2017
While there is still much in the way of debate in the U.S. and the rest of the developed West about the shape of things to come with the mobile...
July 04, 2017
Eight months in, assessing the impact of what happens when you remove 86 percent of a country’s notes in circulation. India’s push toward digital payments has had effects both positive...
May 29, 2024
Embedded payments technology company VoPay has debuted a digital transaction and cash management platform. Dubbed TXB, the platform is designed to help banks and credit unions launch “API-first transaction banking and cash management services,” VoPay said Wednesday (May 29). “In the rapidly evolving landscape of transaction banking, businesses demand solutions that are efficient, agile, and […]
August 03, 2023
PHX Ventures has announced an over-subscription of its second fund at $25.4 million to invest in Arizona’s high-growth B2B software companies. Founded by software entrepreneur Gregg Scoresby, the seed-stage venture capital (VC)...
July 02, 2020
Venmo will introduce a new feature for businesses to accept payments separate from the individual owner’s account, a press release says. The payments company said the idea was to add...
April 17, 2020
Some cash-strapped people are losing some or all of their coronavirus stimulus money because their bank accounts are overdrawn. “For weeks, we have pressed the Treasury Department to exercise its...
