Online bank transfers have become popular for paying regular expenses due to their consistency and convenience of usage. One-quarter of customers who attempted online bank transfers, commonly known as pay by bank transfer, for the first time in the previous year, did so for a specific reason: they could earn reward points. 31% of millennials…
Wefox, a Berlin-based insurtech company, has secured $110 million to expand its insurance and distribution operations. This amount comprises $55 million in a revolving credit facility from J.P. Morgan and Barclays, as well as $55 million in equity obtained from current and new investors as part of the Series D’s second closing, according to a…
“It’s a huge next step in moving money globally, through apps, games, services, and the real world,” the company said on Monday (15 May). The change, according to Zebedee, allows video game, social media, FinTech, and AdTech platforms to easily include Bitcoin Lightning payments. According to the release, developers previously had to join up and…
According to a news release released on Monday (May 15), the combination of these characteristics results in Zip’s Intake-to-Pay, a single procurement platform that orchestrates spending from the initial request through spend approval, payment processing, and payments. “The launch of Zip Intake-to-Pay allows businesses to implement a holistic and easy-to-adopt procurement experience that requires no…
Digital wallets, as opposed to conventional bank accounts, are used by hundreds of millions of customers and organizations to conduct transactions globally. This is particularly true in emerging nations, where the widespread use of mobile devices provides a platform for moving away from cash and coinage. However, the transition from a cash-based to a digital…
While many brands and retailers continue to place large bets on China, Jessica Alba’s consumer packaged goods (CPG) firm The Honest firm is abandoning the country entirely, as well as Europe, in order to double down on key areas where the company is already booming. The business also stated that it will discontinue low-margin product…
It’s a problem that every business faces: teams spend more time on routine activities than on strategic innovation that helps the firm develop. This issue is exacerbated in IT departments, as project delivery requirements increased by 40% in the last year alone. The evolution of IT in a changing market Gartner discovered in 2008 that…
Every successful business owner understands the importance of staying current with trends. If you want your B2B firm to remain competitive, you must continually monitor new trends. With new technologies being released every year and all of the hurdles that the B2B sector faces, staying in the game and being successful requires a lot of…
Account-based marketing has seen a huge renaissance in recent years, and for good reason. ABM has traditionally demonstrated a greater ROI, increased success measuring capabilities, and stronger client retention. Companies that aren’t currently adopting an ABM approach are getting increasingly driven to do so as their competitors do. To smooth the shift to an ABM…
There are several reasons why you may not be making as many sales as you might. At the end of the day, knowing where the problem is will help you determine if your company is stuck in a rut or if you are losing out on more opportunities than you realize. If you want to…
