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February, 2025

February, 2025

JCPenney Debuts Bulk Ordering Tool for Businesses and Nonprofits
JCPenney has debuted a tool to help businesses and nonprofits purchase products at bulk order prices. The department store chain’s new business-to-business (B2B) website, announced Monday (Feb. 3...
Cleo Acquires DataTrans Solutions to Add Procurement Automation Capabilities
Cleo has acquired DataTrans Solutions (DTS), saying it aims to build “next-gen procurement automation.” The transaction adds DTS’ procurement automation capabilities to Cleo’s supply chain or...
RTP Hits 1 Billion Payments 18 Months After 500 Million Mark
It took the RTP® network more than five years to surpass 500 million instant payments. Getting to the 1 billion mark didn’t take nearly as long. Eighteen months after reaching 500 million payments,...
Santander’s US Digital Bank Platform Marks $2 Billion in Deposits
Santander’s American digital banking platform has surpassed $2 billion in deposits four months after launch. “This achievement represents a significant milestone in the Santander US business stra...
Trump: New American Sovereign Wealth Fund Could Invest in TikTok
President Donald Trump signed an executive order Monday (Feb. 3) that creates an American sovereign wealth fund and said the fund could invest in TikTok. “As an example, TikTok, we’re going to be ...
Treasury Payments Systems at Risk? The DOGE Dilemma and What It Means for Banks
The events of the Feb. 1 weekend are tough to get your head around. Elon Musk and his team at DOGE were given access to the U.S. Treasury payments system,  perhaps the world’s most sensitive and po...
GoCardless Reduces Losses After 20% Job Cuts
Bank payments firm GoCardless says it lowered losses following a 20% reduction in staff. Now, the company — which also shifted some workers to Eastern Europe — is hoping these moves will stabili...
Trump’s Trade War Shocks Markets And Back Offices
The everyday goods of life increasingly come from everywhere. Tomatoes are shipped in from Canada, avocados and beer from Mexico, and cheap electronics and apparel from China. And that’s just across...
Google to Seek Reversal of Judge’s App Store Order
Google and Epic Games will reportedly be in court Monday (Feb. 3) as Google seeks a reversal of a judge’s order that it allow rival app stores with its Play store. The 2023 jury verdict and October ...
Coinbase to Acquire Onchain Ads and Attribution Platform Spindl
Coinbase (NASDAQ:COIN) is acquiring Spindl, an onchain ads and attribution platform. Today, it’s too difficult for builders to find quality users/distribution. By acquiring Spindl’s team and tech,...
Newswire > February, 2025
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