The Hidden Cost of B2B Payments Is Manual Work, Not Fees
The cost of getting paid in B2B commerce is often hiding in plain sight. Finance teams continue to measure payment cost through the most visible inputs: transaction fees, bank charges,…
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Kalshi Launches Prediction Markets for Clinical Trials
Prediction market Kalshi and public intelligence company AppliedXL have launched a pilot program that allows trading on clinical trial outcomes and Food and Drug Administration (FDA) regulatory decisions. The companies…
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New York Regulator Proposes Licensing Rules for BNPL Lenders
“Today DFS formally proposed regulations to establish a licensing and supervision framework for buy now, pay later (BNPL) providers operating in New York,” the department said in a Wednesday post on…
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Stripe and Advent Make $53 Billion Play for PayPal
PayPal shares jumped about 16% in premarket trading Wednesday after reports that Stripe and Advent International submitted a joint $60.50-a-share offer, valuing the company at more than $53 billion. The…
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Velocity Raises $38M as Stablecoins Reshape Business Finance
Velocity raised $38 million in a Series A funding round to expand its stablecoin payments and treasury platform designed for global enterprises, according to a Tuesday (July 14) press release….
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Price Hikes Trigger Smartphone Sales Slump
Global smartphone sales dropped to their lowest second-quarter level in 13 years as manufacturers passed on to consumers the rising cost of memory components, Counterpoint Research said in a Monday…
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Vocalink’s Future Turns on Europe’s Faster Payments Shift
Stablecoin advocates have argued that blockchain networks can and will solve problems traditional banking never could. Payments would settle in seconds instead of days. Businesses would no longer wait for…
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Stablecoin Market Cap Suffers Biggest Decline in 4 Years
The stablecoin market saw its largest decline in nearly four years last month. That’s according to a report Sunday (July 12) by CoinDesk, which calls the downturn a sign that…
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US CBDC Ban Set to Become Law at Midnight
A four-year ban on a U.S. central bank digital currency (CBDC) is set to take effect if a housing bill becomes law Saturday (July 11), CoinDesk reported Friday (July 10). The…
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The Weekender: Honey, I Shrunk the Unicorn
The startup org chart used to look like a wedding seating plan: founders, engineers, sales, marketing, finance, legal, HR, three advisors no one could identify and a “growth person” whose…
