Today in B2B payments, Zopper raises $75 million to expand its InsurTech services internationally, while Sievo raises $44 million to accelerate the growth of its procurement analytics platform in the United States and global markets. Plus, MaterialsXchange and Mickey aim to speed the digitalization of...
With both the number and the value of automated clearing house (ACH) payments continuing to rise, Federal Reserve Financial Services has launched a business and analytics tool meant to help financial institutions (FIs) optimize their business strategy and day-to-day ACH operations. The new tool, which...
The government’s anti-trust case against American Express is predicated on a straight-forward concept: retail card fees would drop if Amex abandoned its exclusivity strategy. An economist argued to the federal judge, though, that such a premise is flawed and “has a gaping hole in it.”...
September 22, 2022
Less than a year from now, faster payments — instant ones, in fact — will be a widespread reality in the United States. Connie Theien, head of industry relations for Federal Reserve Financial Services, told PYMNTS that the work going on behind the scenes has involved a seismic shift of how companies think about operations […]
