Twilio Delivers a SaaS Margin Wake-up Call
Twilio, the high-profile SaaS communications platform, announced it will be laying off 11% of its workforce. The news took the market and employees by surprise
September 16, 2022
Walmart and Target Urge to Pass Bill Taking Aim at Visa and Mastercard Fees
More than 1,600 businesses, including Walmart and Target, are pleading with Congress to enact legislation that will limit the stranglehold that the two largest card
September 16, 2022
Dwolla And MX Aim at a Broader Approach to Open Banking
MX Technologies, a leading global open banking platform, has become the latest partner in Dwolla’s secure exchange solution. Dwolla will use MX’s data aggregation platform
September 16, 2022
PAYA Acquires Card Payment Provider ITS
Paya, the independent provider of card processing solutions to businesses in the UK, has acquired fellow UK paytech Interactive Transaction Solutions (ITS). With the use
September 16, 2022
Resistant.AI Makes Inroads Into Mortgage Fraud Detection
Resistant.AI, a company that uses machine learning to detect and prevent financial crime, recently announced that U.K. online mortgage site client Habito has claimed a “30%
September 16, 2022
JPMorgan Chase Acquires Payments Fintech Renovite to Help it Battle Stripe and Block
J.P. Morgan announced that it has signed an agreement to acquire Renovite Technologies, a leading cloud-native payments technology company. The strategic acquisition of Renovite will
September 16, 2022
Bolt Scraps $1.5B Deal To Acquire Crypto Company Wyre
Bolt, a leading US online and e-commerce checkout company, announced that it is not going ahead with its $1.5 billion deal to buy crypto infrastructure
September 16, 2022
Ethereum ‘Merge’ Concludes in Key Moment For Crypto Market
Ethereum, the open-source blockchain protocol with smart contract functionality, has completed its long-awaited upgrade which aims to lower energy costs by 99% and pave the
September 16, 2022
Goldman Lends $140 Million to Latin American Fintech Xepelin
Goldman Sachs provided a $140 million credit line to help finance the Mexican expansion of LATAM fintech and specialty finance originator Xepelin, which offers payment
September 10, 2022