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

Digital innovation has long been viewed as a panacea for complexity. Across global logistics, that panacea, in the form of digital booking and payments solutions, is increasingly under pressure to deliver. Freightos CEO Zvi Schreiber said during his company’s third-quarter 2025 earnings call Monday (Nov. 17) that this year has been challenging for the logistics industry. Global trade...
HoldCo Asset Management is unhappy with Comerica’s pending acquisition by Fifth Third Bancorp. The activist investor had pushed for the nearly $11 billion deal, but now says the sale was “flawed” and that Comerica had not allowed for an independent, competitive process, according to a report issued by HoldCo Monday (Nov. 17). “It appears that Comerica steered the sale toward a...
PayPal Holdings and global investment firm KKR renewed their agreement in which KKR’s credit funds and accounts purchase PayPal’s European buy now, pay later (BNPL) receivables. The new agreement includes a replenishing loan commitment of up to 6 billion euros (about $7 billion) under which KKR will purchase up to 65 billion euros (about $75 billion) of BNPL loan receivables originated...
U.K. FinTech giant Revolut has launched a payments partnership with Booking.com. With this collaboration, customers of the travel platform can pay using Revolut Pay, the company’s one-click checkout tool, the companies said in a Monday (Nov. 17) news release. “This partnership is a natural fit given the customer overlap between businesses, with approximately 9 million customers from...
Digital payments firm Ant International has launched a blockchain-centered partnership with banking giant UBS. The collaboration, announced Monday (Nov. 17), will see the companies explore the use of blockchain-based tokenized deposits to support Ant International’s global payments settlement and liquidity management. The arrangement involves Ant using UBS Digital Cash, a blockchain-...
The lowest-level, highest-risk tokens are reportedly faring the worst in the recent crypto sell-off. That’s according to a report Monday (Nov. 17) from Bloomberg News, citing the data from the MarketVector Digital Assets 100 Small-Cap Index. That index, which monitors the 50 smallest digital assets in a group of 100, dropped to its lowest level since 2020 on Sunday (Nov. 16). As...
Amazon founder Jeff Bezos has reportedly launched an AI startup where he’ll serve as co-CEO. The company, dubbed “Project Prometheus,” is launching with $6.2 billion in financing, some of it from Bezos himself, the New York Times (NYT) reported Monday (Nov. 17), citing three sources familiar with the project. The report notes this is the first time Bezos has taken an official...
Watch more: Monday Conversation: Cox Automotive’s Jessica Stafford Buying a car has always been a big decision wrapped in an outdated process. It’s one of the largest purchases consumers make, yet the experience still feels stuck in another era. Part research project, part paperwork marathon, and part negotiation ritual. Today’s consumers start nearly everything online, and car buying...
The persistence of legacy accounting practices continues to make accounts payable (AP) a significant challenge for many companies. Manual processes cost time and money while delaying payments and increasing errors. However, artificial intelligence (AI) is promoting AP from the back office to the front lines of financial strategy. In 2025, organizations are using AI-driven AP innovations to...
Watch more: What’s Next In Payments: Trulioo’s Vicky Bindra The connected economy is redrawing the map of how CEOs think about their companies’ long-term futures. It’s magnifying their near-term obligations to customers, shareholders and regulators. And it’s also reshaping how they battle fraud, verify transactions and protect data. As Trulioo CEO Vicky Bindra told PYMNTS in the “What’...