Labor Day traditionally tells Northeasterners to locate a sweater, inspect the foliage and pretend the beach chairs will be stored before Thanksgiving.…
This year, retailers have added another instruction.
PayPal Pauses Venture Capital Portfolio Sale After Lowball Offers
PayPal has paused its planned sale of its venture capital portfolio after offers came in at no higher than 60 cents on the dollar, Seeking Alpha reported Friday (Sept.…
4), citing a paywalled article by Axios that was based on unnamed sour…
The investments in PayPal’s portfolio include shopping app Tabby and c…
Yuno Fast-Tracks Merchant Access to Revolut Payment Stack
Merchants can now use one Yuno connection to add Revolut’s biometric one-click checkout, Revolut Pay, as well as Revolut’s acquiring and gateway services, Yuno said in a Thursday (Sept.…
3) press release.
The offering is enabled by a new partnership of Yuno and Revolut Busin…
PicPay Launches Anthropic Claude Integration for Banking Inquiries
Brazilian digital bank PicPay has begun rolling out an integration with Anthropic’s Claude that enables PicPay customers to check financial information in Claude by using natural-language commands.…
The integration with Claude will be rolled out gradually to customers …
GoodRx Covers Whole Households and Pets in New Prescription Plan
Prescription platform GoodRx has launched a new plan that covers a primary member and up to four dependents, including children, adult family members and pets, the company said in a Thursday (Sept.…
3) press release.
The new GoodRx Companion Family Plan offers healthcare savings that in…
ECB Explores Instant Payment Link With Brazil’s Pix
The European Central Bank (ECB) is exploring a potential interlinking between its TARGET Instant Payment Settlement (TIPS) platform and the Central Bank of Brazil’s Pix platform, Reuters reported Thursday (Sept.…
The ECB said this in response to Reuters’ inquiry about a claim by unn…
The Central Bank of Brazil declined to comment, per the report.
Ant International Secures Payment Institution License to Expand Capabilities in Brazil
Ant International, a global provider of digital payment, digitization and financial artificial intelligence (FinAI) solutions, has received a Payment Institution (PI) license from the Central Bank of Brazil, the company said in a Thursday (Sept.…
3) press release.
The PI license will strengthen Ant International’s local and cross-bor…
OpenAI Subsidizes $1 Billion in Cybersecurity to Protect Community Banks and Essential Services
OpenAI committed $1 billion in subsidized access to its security program, Daybreak, for community and regional banks and other operators of essential services, the company said in a Thursday (Sept.…
3) blog post.
The new global initiative, Daybreak for Frontline Defenders, is also a…
55% of Gen Z Lets Installment Payment Options Influence Healthcare Choices
Installment plans can turn the first financed purchase into a lasting shopping habit, giving merchants a chance to win repeat business well beyond the original checkout.…
That pattern stands out in “Financing the Decision,” the April install…
Citadel CEO Says Small Business Lending Starts Before the Application
Watch more: Need to Know With Citadel Credit Union’s Bill Brown Small businesses can be profitable on paper and still find themselves short of cash when payroll, inventory or equipment bills arrive before customers pay their invoices.…
That mismatch is shaping conversations between small business owners a…
Rather than beginning with a term loan or a large capital request, man…
Bottomline Partners With Chainlink to Connect 600 Banks to Blockchain Settlement
Bottomline, a top-three provider of Swift services, has partnered with Chainlink to give more than 600 bank customers access to blockchain-based cross-border settlement.…
The deal is one of the largest efforts yet to link the Swift messaging…
800 AI Agents Now Run GE Appliances’ Factory Floor
GE Appliances has deployed more than 800 artificial intelligence agents across its manufacturing, logistics and supply chain operations, using Google Cloud’s Gemini Enterprise, the company said in its announcement.…
“AI is now integral to the way work gets done at GE Appliances,” said …
The agents run inside a data platform GE Appliances calls Brilliant Fa…
Memecoin App Pons Drives Record Fees on Robinhood’s New Blockchain
A third-party token-creation application has emerged as one of the digital asset industry’s largest fee generators, driven by active retail trading on Robinhood Markets’ newly launched blockchain network.…