Rafael Ortiz

Fintech

Summer travel rewards spending gains weight in travel payment choices

American and Wyndham results, plus PYMNTS data, show travelers linking trips, cards and loyalty points despite cost pressures.

By Rafael Ortiz · 2 months ago

Fintech

Verifone tamper detection patent targets skimming at unattended terminals

Verifone’s US patent uses radio signals to help payment terminals detect physical tampering at gas pumps, kiosks and self-checkout...

By Rafael Ortiz · 2 months ago

Fintech

Google future spending commitments rise to $811 billion

Alphabet disclosed $811 billion of contracted obligations as AI infrastructure spending accelerates across chips, data centers and...

By Rafael Ortiz · 2 months ago

Fintech

Low income worker pay rose in second quarter, Labor Department data show

Weekly earnings rose 5.5% for lower-paid full-time workers, offering some relief but leaving households exposed to higher prices.

By Rafael Ortiz · 2 months ago

Fintech

WEX B2B payments growth shifts focus beyond travel

WEX said direct accounts-payable volume rose 20%, signaling faster growth in corporate payments even as macro factors lifted resul...

By Rafael Ortiz · 2 months ago

Fintech

Nestlé Nespresso sales push targets households with tighter budgets

Nestlé reported a slight half-year sales dip as coffee supported organic growth and Nespresso sought new machine buyers.

By Rafael Ortiz · 2 months ago

Fintech

Consumer AI coding tools turn niche problems into working apps

AI coding platforms are letting non-developers build tools for renters, parents and small businesses from plain-language prompts.

By Rafael Ortiz · 2 months ago

Fintech

Trulioo UBO Discovery Agent launches for beneficial ownership checks

Trulioo says its AI agent helps compliance teams identify ultimate beneficial owners when registry data is incomplete.

By Rafael Ortiz · 2 months ago

Fintech

KYC better data rules shift bank focus from forms to validation

A Finextra opinion says US KYC clarifications allow more third-party and pre-filled data, raising the bar for bank validation cont...

By Rafael Ortiz · 2 months ago

Fintech

Treasury deceased payees screening flags $99 million in payments

The Treasury review screened $2.77 trillion in transactions and sent flagged payments back to agencies before funds were released.

By Rafael Ortiz · 2 months ago

Deals

Aypa Power Brookfield deal values battery storage platform at $7bn

Brookfield will buy Aypa Power from Blackstone Energy Transition Partners, adding 35 battery storage projects in a $7bn transactio...

By Rafael Ortiz · 2 months ago

Fintech

Albertsons sales forecast cut as lower-income shoppers trade down

Albertsons lowered its fiscal-year sales outlook as value-seeking grocery shoppers shift toward private label products and cheaper...

By Rafael Ortiz · 2 months ago