Regions Financial saw average loans remain stable during the second quarter, with some signs that demand for business loans may pick up. Average balances for total loans were down 0.1% compared to the previous quarter and down 1.3% compared to the second quarter of 2023,...
Hospitality/travel industry commercial platform Lighthouse has debuted an artificial intelligence (AI)-powered solution. Channel Manager, announced Thursday (July 18), is designed to erase what the company calls “long-standing limitations” of static pricing, promotion and distribution technologies. “Independent hotel owners, general managers and sales leaders have traditionally...
London-based FinTech wamo has raised $5 million to develop small to medium-sized business (SMB)-focused banking solutions. In addition to the growth investment, CEO and founder Yanki Onen said on the company blog Thursday (July 18), wamo has also obtained its Electronic Money Institution (EMI) license. “Together, they equip us with the...
Coast has raised $40 million in new Series B financing to accelerate adoption of its solutions for fleet payments. The company will use the new funding to grow its team, develop its product and partnerships, and expand to other financial services needed by business customers,...
March 30, 2024
Innovations in embedded finance have captured the attention of decision makers in the logistics and wholesale trade space. As a result, payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces are all working with these providers to help them integrate embedded finance capabilities, such as digital wallets and installment plans, into their websites and product […]
December 26, 2023
Having access to some extra cash from your financial institution at certain points in your personal or professional life may be particularly helpful for individuals and companies, either to cover...
July 11, 2023
Insurance firms are increasingly embracing real-time payments for business-to-business (B2B) transactions, viewing them as essential to success. More than two-thirds plan to increase the use of real-time payments for inbound...
April 26, 2023
Today’s modern and increasingly digital landscape is transforming even the most traditional industries. Including historically relationship-based sectors like shipping and logistics that are riddled with legacy processes and entrenched familial...
July 19, 2024
Regions Financial saw average loans remain stable during the second quarter, with some signs that demand for business loans may pick up. Average balances for total loans were down 0.1% compared to the previous quarter and down 1.3% compared to the second quarter of 2023, the parent company of 1,250-location Regions Bank said in a […]
July 18, 2024
Hospitality/travel industry commercial platform Lighthouse has debuted an artificial intelligence (AI)-powered solution. Channel Manager, announced Thursday (July 18), is designed to erase what the company calls “long-standing limitations” of static...
July 18, 2024
London-based FinTech wamo has raised $5 million to develop small to medium-sized business (SMB)-focused banking solutions. In addition to the growth investment, CEO and founder Yanki Onen said on the company blog Thursday (July 18), wamo...
July 18, 2024
Coast has raised $40 million in new Series B financing to accelerate adoption of its solutions for fleet payments. The company will use the new funding to grow its team,...
