payments
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How Straight-Through Processing (stp) Is Transforming B2B Commercial Card Payments, With Pat Bermingham, CEO at Adflex
Date: May 5, 2022
We spoke with Pat Bermingham, CEO at Digital-Payments-as-a-Service specialist, Adflex, to discuss a technology that is levelling the playing field in B2B payments by delivering tangible benefits to both buyers and suppliers: Straight Through Processing (STP). For any of our readers unfamiliar with Adflex, can you provide a short introduction? Digital payments are overtaking cash...
France’s Engie Wants Clear EU Guidelines on Russian Gas Payments
Date: May 5, 2022
By Dominique Vidalon and Tassilo Hummel (Reuters) -French utility Engie is still paying for Russian gas in euros, in line with its contracts, and hopes the European Commission will provide clear guidance soon as several companies face payment deadlines this month, its CEO said on Thursday. “We need clarity and we need rather detailed guidelines...
Gucci Jumps on the Crypto Bandwagon With U.S. Project
Date: May 5, 2022
(Reuters) – Gucci’s high-end handbags and other luxury products can now be bought using cryptocurrencies, including bitcoin, in some U.S. stores, the Italian company said, as digital currencies move to broader acceptance. Starting later this month, customers can pay with crypto at some of Gucci’s flagship stores, including Rodeo Drive in Los Angeles and Wooster...
With Apple Fight Ongoing, Dutch Watchdog Acm to Investigate Google Play Store Practices
Date: May 4, 2022
AMSTERDAM (Reuters) -The Netherlands Authority for Consumers and Markets (ACM) announced on Wednesday a preliminary investigation into Alphabet Inc’s Google for possible anti-competitive practices in its Play store. Tinder owner Match group had asked the regulator to assess whether Google is abusing a dominant position in the dating app market. “Dating-app providers allegedly are no...
Multi-Lender Retail Finance Can Turn More Browsers Into Buyers
Date: May 4, 2022
By Mike Dawson, CEO of Deko Mike Dawson sits down with Global Banking & Finance Review to discuss how Deko is disrupting the retail finance arena with its aggregation solution. How would you describe Deko? Deko is a next generation BNPL platform. A unique multi-product, multi-lender payments solution that allows merchants to provide customers with...
Cineworld Looks to Further Delay Payments to Former Regal Shareholders
Date: May 4, 2022
(Reuters) -Cineworld said on Wednesday it had approached former dissenting shareholders of its U.S. division Regal Entertainment to further delay payment obligations, as the British cinema chain operator looks to boost its liquidity. The world’s second-largest movie theatre operator last year said it would pay $170 million to Regal shareholders, who were disgruntled with the...