The Business & Technology Network
Helping Business Interpret and Use Technology
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Feed Items

Visa defeated a proposed class action lawsuit that alleged that the company did not warn consumers that its prepaid Vanilla gift cards could be drained by thieves. [contact-form-7] The judge hearing the case ruled Monday (June 23) that it was unreasonable for consumers to believe that gift cards were impervious to scams or that Visa’s logo on the cards ensured no scams would occur,...
Members of the founding team of embedded lending platform Vaya Technologies have joined embedded capital infrastructure provider Fundbox, according to a Monday (June 23) press release. [contact-form-7] Vaya’s co-founders, Ankit Singh and Soham Sen, will take on leadership roles in product and engineering at Fundbox, the release said. “We are looking forward to having the Vaya team...
By any measure, 2025 is shaping up to be “Hot Tech Summer.” [contact-form-7] Particularly for FinTechs, where Circle and Chime have notched heady gains in a short period of time. With the recent news that Navan has filed initial paperwork with the Securities and Exchange Commission (SEC) to go public, investor focus may move beyond digital banks and stablecoins to take a look at...
Bitcoin is stored on the blockchain. [contact-form-7] This fact is often taken at its obvious face value, but the reality of cryptocurrency storage (aka cryptocurrency asset custody) is often a complex, convoluted and infinitely unique hurdle to solve. That hasn’t stopped corporates from rushing to put bitcoin on their balance sheets, as evidenced by the Monday (June 23) news that a...
Botpress has raised $25 million in a Series B funding round to expand its platform for building and deploying artificial intelligence (AI) agents. [contact-form-7] The company will also use the new capital to expand its global customer support and scale its engineering and go-to-market teams, it said in a Monday (June 23) press release. “AI agents will replace entire categories of...
Cross-border payments FinTech Tensec raised $12 million in new funding. [contact-form-7] The financing will help the company provide payments and financial services for companies in the $190 trillion cross-border payments market, according to a Wednesday (June 18) press release. These companies will be able to access real-time payments and transaction banking services that have...
Apple is reportedly in eleventh-hour negotiations with European regulators about changes to its App Store. [contact-form-7] As the Financial Times (FT) reported Monday (June 23), the tech giant is hoping to escape a series of escalating fines from the European Union (EU) set to go into force this week.  Apple has already been fined 500 million euros for violating the EU’s Digital...
Walmart Deals will be offered online and in stores for the first time when the retailer holds its next event in July. [contact-form-7] The company announced in a Monday (June 23) press release that a six-day version of the Walmart summer savings event will take place July 8 through July 13, starting online at midnight and in stores at their local opening time. Members of the Walmart+...
Business travel and expense management solution provider Navan said Friday (June 20) that it confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO). [contact-form-7] “The number of shares to be offered and the price range for the proposed offering have not yet been determined,”...
Buy now, pay later (BNPL) giant Klarna unveiled its latest unconventional innovation. [contact-form-7] It’s an artificial intelligence-powered hotline that lets customers speak directly to an AI version of co-founder and CEO Sebastian Siemiatkowski. Anyone calling 1-424-667-5385 in the United States can groan or give accolades about their experience to — or just chitchat with —...