Feed Items
In the hierarchy of business expenses, the cost of a postage stamp rarely registers. Particularly when compared to capital equipment, raw materials or enterprise software.
That could be why, despite advances in electronic transfers, automated clearing house (ACH) systems, and real-time payment networks, as much as 40% of B2B transactions still flow through the mail.
Yet this summer,...
Chase is using Nova Credit to help power its cash flow underwriting capabilities.
Chase will be employing the credit infrastructure and analytics company’s Cash Atlas for cash flow underwriting, as well as its Credit Passport to access and make decisions with international credit data, according to a Wednesday (Sept. 3) press release.
“These solutions will enable Chase to serve more...
Microsoft and the European Union have reportedly reached a settlement in which the tech giant will avoid an antitrust fine by agreeing to sell its Teams videoconferencing app separately from its Office packages.
In addition, the settlement, which is still in draft form, would require Microsoft to charge less for packages that don’t include Teams and to improve interoperability with the...
WealthTech company Dispatch says it has raised $18 million in a Series A round.
The new funding, announced Thursday (Sept. 4), is designed to boost investments in agentic workflows and artificial intelligence (AI)-driven data orchestration.
“Dispatch is creating critical infrastructure that the wealth management industry has been missing,” said Chris Downer, general partner at Brewer...
Merrill and Bank of America have introduced a private market program designed for ultra-wealthy customers.
The Alts Expanded Access Program, aimed at ultra-high-net-worth (UHNW) clients with a net worth of $50 million or more, is launching this fall, Merrill Wealth Management and Bank of America (BofA) Private Bank said in a Thursday (Sept. 4) news release.
“Traditionally, private...
McDonald’s has reportedly come out against tipped wage laws that allow establishments in which workers earn tips to pay their employees less than the minimum wage.
CEO Chris Kempczinski told CNBC Tuesday (Sept. 2) that all workers should be paid at least the federal minimum wage, and McDonald’s withdrew from the National Restaurant Association because of its stance on this issue, the...
Regulatory clarity for cryptocurrency assets is a “key priority” in the Securities and Exchange Commission’s regulatory agenda, SEC Chairman Paul Atkins said Thursday (Sept. 4).
In a statement on the SEC’s Spring 2025 regulatory agenda, which was released Thursday, Atkins said the plans show that it is “a new day” at the SEC and that the agency will focus on supporting innovation,...
Blockchain platform Fireblocks has launched a network designed to power stablecoin payments.
The Fireblocks Network For Payments, announced Thursday (Sept. 4), is available in more than 100 countries and designed to help institutions like FinTechs and payment services providers build products on Fireblocks’ infrastructure for things like payouts, remittance, merchant settlement and...
Retailers are navigating a consumer landscape where every misstep in stocking the right product can mean lost sales or excess costs.
Shoppers, more selective in their spending, expect their preferred items to be available when they want them.
Meanwhile, supply chains remain vulnerable to disruption.
Against this backdrop, inventory management has become a lever for profitability, and...
Hackers from North Korea are reportedly flooding the cryptocurrency sector with seemingly legitimate job offers.
As Reuters reported Thursday (Sept. 4), it’s part of a scam to steal digital assets, and a problem so widespread that job applicants have begun screening recruiters to spot signs they might be working for the North Korean government.
“It happens to me all the time and I’m...