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The restaurant industry has urged the White House to avoid tariffs on food and beverages.
Those tariffs could cost the sector more than $12 billion and bring about higher menu prices, the National Restaurant Association said in a letter to President Donald Trump, per a report Tuesday (Feb. 25) by Bloomberg News.
In the letter, the trade group argued that restaurants would be forced to raise...
Australia-based buy now, pay later (BNPL) provider Zip said Tuesday (Feb. 25) that demand from consumers and merchants drove its growth in the most recent half.
The company’s growth was especially strong in the United States, where it aims to serve consumers who are unable to access traditional credit and who use BNPL because of its flexibility, transparency and cash management capabilities,...
Financial management app Expensify says its travel management tool is now available to all customers.
The company first announced Expensify Travel last year, opening a waitlist to early select customers. Now, Expensify said in a news release Tuesday (Feb. 25), the offering is open to all members through the web, mobile and desktop apps.
“The tool enables members to book and manage flights, hotels...
DebtBook, a software provider for government and nonprofit treasury teams, has a new debt management tool.
The company’s Sizing feature, announced Tuesday (Feb. 25), lets treasury departments structure, compare and analyze their financing options in-house.
“Traditionally, government and nonprofit treasury teams have had limited access to the tools necessary to model new debt issuances in-house,”...
How businesses manage their working capital can be the difference between surviving and thriving.
With today’s interest rates fluctuating and supply chains rocked by uncertainty, forward-thinking chief financial officers are keeping their eyes on the ultimate operational prize of balancing their working capital stack, which can include cash, inventory, receivables and payables, by maintaining...
Ascenda and Galileo Financial Technologies have partnered to help banks, FinTechs and other brands launch card loyalty programs.
This collaboration brings together Ascenda’s loyalty and customer engagement solutions that facilitate loyalty integration, and Galileo’s financial technology platform that simplifies card issuing, the companies said in a Tuesday (Feb. 25) press release.
“With this...
Artificial intelligence startup DeepSeek reportedly resumed allowing customers to access its API.
The Chinese company, which rocked the tech world last month with its AI platform, suspended service earlier this month due to server capacity shortages.
DeepSeek will now allow customers to top up credits to be used on its API, Bloomberg reported Tuesday (Feb. 25). Server resources will still be...
After hitting record highs last year, bitcoin has lost a bit of its luster.
The world’s most popular cryptocurrency saw its largest one-day drop in months on Tuesday (Feb. 25) amid a range of factors, including concerns about tariffs in the U.S. and the recent, record-breaking theft of $1.5 billion in ether currency from the Bybit exchange.
The price of bitcoin fell below $90,000 on Tuesday, its...
Thoma Bravo has closed a fund of 1.8 billion euros ($1.89 billion) dedicated to European software deals.
The private equity group announced the fund — its first for the region — on Tuesday (Feb. 25), saying it was targeting middle-market software firms across Europe.
“Our first dedicated pool of capital for European software marks a significant milestone for our firm,” Orlando Bravo, a founder...
When PayPal CEO Alex Chriss spoke with investors during the Q4 2024 earnings call, he made one thing very clear: The number one goal is to win checkout. Today’s announcement of a strategic partnership with Verifone represents another big step by PayPal toward that vision.
“We’ve been laser-focused on cracking the in-store checkout experience,” said Frank Keller, PayPal’s EVP and General Manager...