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Citi CEO Jane Fraser: Tariffs May Create ‘More Multipolar System’
A more multipolar system of trade and capital could emerge from the current disruptions caused by tariffs, Citi CEO Jane Fraser wrote in a Friday (May 16) blog post. Tariffs have disrupted trust, supp...

UK Tribunal Finalizes Settlement in Class Action Against Mastercard
The U.K.’s Competition Appeal Tribunal announced its judgment Tuesday (May 20) in a long-running class action lawsuit that was brought against Mastercard over its swipe fees. The judgment determines...

Google to Embed Agentic Checkout, Virtual Try-on in Search
Google is adding shopping features in search as it faces competition from artificial intelligence chatbots for eCommerce transactions. At the search giant’s annual I/O conference Tuesday (May 20), t...

JustPaid Gets SOC 2 Compliance and Debuts Payments Features
JustPaid has added several new features to its B2B-focused revenue automation platform. The company announced this update Tuesday (May 20) while also revealing it had been granted SOC 2 compliance,...

Startup New Generation Builds Agent-Friendly Storefronts for Brands
Artificial intelligence (AI) commerce startup New Generation — or New Gen — said Tuesday (May 20) that it has raised $4.5 million in seed funding to help brands adapt to the rise of AI-powered sho...

Ontik Raises $3.7 Million to Expand Digital Trade Credit Platform
Ontik has raised $3.7 million in a seed round to expand its digital trade credit platform that helps B2B wholesalers request, track and collect payments from their trade accounts. “We’re building ...

Catena Labs Raises $18 Million to Build AI-Native Financial Institution for Agents
AI startup Catena Labs said in a Tuesday (May 20) news release that it has raised $18 million in a funding round to build the first regulated, AI-native financial institution for the agent economy. Th...

Walgreens Ups Use of Robotics With New Micro-Fulfillment Center
Walgreens says it is boosting its investment in robotics with its new Minnesota-based micro-fulfillment center. The center, announced Tuesday (May 20), is based in the town of Brooklyn Park and will s...

Papaya Launches Platform to Manage and Pay Contingent Workers
Papaya Global launched a dedicated platform designed to help enterprises and managed service providers (MSPs) manage and pay freelancers, consultants, gig workers and independent contractors. The new ...

Galileo Aims to Bolster Bill Pay With ‘Payment Switch’
Galileo Financial Technologies and Atomic have introduced a product designed to enhance consumer bill payments. Galileo Payment Method Switch, announced Tuesday (May 20), makes it easier for people to...