Companies all throughout the world, particularly retailers, wholesalers, transporters, and logistics service providers, are experiencing the effects of increased fuel prices. Diesel prices increased by 65% in the US, 58% in Canada, 28% in Germany, and 36% in the UK in May 2022 compared to the same month last year. Few businesses have made major
The Solana blockchain has become the latest victim of a crypto fin-crime. Thousands of its users reported their funds being wiped clean and their wallets had been compromised. In the blink of an eye, Solana users lost millions of dollars, some of them even having lost their life savings. By taking advantage of a weakness
Revolut, the financial super-app with 20 million customers worldwide, today announced another push to the platform’s investment offering with the release of 22 new crypto tokens. With these latest additions, Revolut’s cryptocurrency service now supports 80+ coins, an increase of x8 when compared to the beginning of 2021. The newly announced cryptocurrency includes the Metaverse
Ohio-based KeyBank has tapped fintech Quavo for its QFD automated dispute management platform. When a credit transaction is contested or fraud is discovered, KeyBank will implement the cloud-based QFD system to streamline its fraud and dispute procedures and automate the manual tasks needed, from claim intake and investigation to claim resolution and recovery. “We are
Moving boxes across nations is only one aspect of the supply chain, and there are other factors at play in the current global issue than just capacity and driver shortages. Participants in international trade must deal with dozens of vendors and the difficulties that come with them, including moving and storing products, passing customs, navigating
Community foundations are at the frontlines of disaster relief and many times, provide the first funds to families in need. We’re proud to help foundations invest for the future so they can continue supporting communities facing crises.
Australian neobank Up Bank has launched savings service Maybuy. Maybuy is designed as an alternative to Buy Now Pay Later (BNPL) products which have become increasingly popular in recent years. For individuals wishing to make online purchases, Maybuy will generate an automated savings plan. Consumers might choose to purchase the item or choose to save their money
In the world of cryptocurrencies, fraudulent activity is still unchecked. Crypto trading apps are offered by organizations like Apple and Google. As thieves increasingly produce fake apps with names and logos, there has been an increase in fake apps based on these two. Apple and Google Call for Scrutiny Who provides this original(the logos, access
If you own an accounting firm, you’ll probably need a regular flow of new clients each year to maintain the health of your company and to take the place of any current clients who decide to part ways. However, since the majority of accounting firm owners are focused on running their businesses during the day,
Victor Technologies, Inc. is collaborating with the business to enhance its quick payments strategy, according to a statement from Jack Henry & Associates, Inc. Through its integrated risk management software and APIs for FinTechs to embed financial services, Victor, a subsidiary of MVB Edge Ventures, Inc. and a member of the MVB Bank, Inc. family,
Women have on average over 5 years longer life expectancy versus men. We are committed to helping women achieve financial well-being in the long term.
Bank of America, BNY Mellon, and Citi announced a $20 million investment in Genesis Global, the low-code application development platform created specifically for companies in the financial markets. Following the company’s $200 million Series C funding announced in February, several key investments were made. “This strategic support from Bank of America, BNY Mellon and Citi
