Rezolve Limited

pymnts | April 16, 2020

Wednesday’s Commerce Department retail sales figures showed in no uncertain terms that consumer spending for non-essential goods has taken a huge hit. While the overall drop was in the neighborhood of 8 percent, the plunge in non-essential goods like apparel (down 50.5 percent) and furniture (26.8 percent) represented a deep ditch for those businesses to climb out of. However, new data from PYMNTS shows that some non-essential items are moving online. Data from the PYMNTS COVID-19 Tracker ...

POS Solutions

Bosonic | October 19, 2022

Bosonic, a decentralised Financial Market Infrastructure (dFMI) business, has announced that it has been selected by WadzPay, a blockchain payments company, to support the delivery of a point-of-sale (POS) capability with integrated crypto conversion that leverages Bosonic’s global network of liquidity.Bosonic will enable WadzPay to provide a crypto-to-fiat conversion as part of its POS solution for blockchain payments, using Bosonic's proprietary payment vs. payment (PvP) technology t...

RateSetter | May 05, 2020

The UK's biggest P2P lender RateSetter has slashed the interest rate paid to investors by 50% as it prepares for a wave of defaults under Covid-19. The alternative lender says six percent of borrowers have requested a payment freeze and, as a result, it was increasing its projected loan losses from £27.5m to £39.2m. RateSetter says it is diverting the saving from cutting interest rates to prop up its 'Provision Fund', which provides a financial safety net fo...

pymnts | February 11, 2020

How does a company compete with Amazon? At Deliverr, they attack what Amazon won’t handle and now they have the funding to prove it. Yesterday, the smaller-scale fulfillment company closed $40 million in Series C funding, led by Activant Capital, bringing its total capital raised to $70 million. Given that today’s consumers have come to expect that orders will be fulfilled overnight or within two days at the most, Deliverr aims to capitalize on that expectation by bringing that servi...