Ranqx, the digital lending platform built specifically for lenders to small-to-medium sized businesses (SMBs), expands its work with Visa into North America.

According to Mastercard SpendingPulseTM, which measures in-store and online retail sales across all forms of payment, U.S. retail spending excluding automotive increased +11.2% year-over-year in July, while retail sales excluding automotive and gas rose +9.0%. Notably, e-commerce sales were up 11.7% YOY, a sharp increase after months of softer growth.

Eventus, a leading global provider of multi-asset class trade surveillance and market risk solutions, today won its fourth major award in the past five weeks as the firm’s Validus platform was named Trade Surveillance Product of the Year at the 2022 Risk Technology Awards.

Aarav Solutions announced today its role as System Integrator (SI) partner on Equifax Canada’s Global Financial System (GFS) billing platform. 

The GFS initiative is part of Equifax’s mission to streamline multiple billing processes into one global billing system and replaces Equifax Canada’s legacy accounting and invoicing system. The launch highlights Aarav Solutions’ position as a worthy SI player on the international stage.

Ping Identity, provider of the Intelligent Identity solution for the enterprise, today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, for $28.50 per share in an all-cash transaction valued at an Enterprise Value of approximately $2.8 billion.

Paystand, the leader in blockchain-enabled accounts receivable and B2B payments, today announced the acquisition of Yaydoo, the leader in accounts payable, cash flow management, and liquidity solutions in Mexico and LATAM.

The deal represents one of the biggest technology unions in Mexico and LATAM and makes commercial blockchain-based solutions more accessible across the Americas.

Plastiq Inc., the B2B payment platform powering the small and midsize business (“SMB”) economy, and Colonnade Acquisition Corp. II a publicly traded special purpose acquisition company, today announced that they have entered into a definitive agreement and plan of merger.

Vertex, Inc., a global provider of tax technology solutions, released today Forrester Consulting’s The Cutting Edge of Tax research study, commissioned by Vertex.

Digital transformation, particularly in the realms of international trade and trade finance, has been widely talked about in recent years. But at the end of the day, it has mostly just been talked. The questions that blockchain, for instance, has presented to the market have outweighed their original answers by tenfold. In the world of trade finance, every week there seems to be another POC or fintech partnership. But what are the actual benefits to corporates?

TradeSun, a technology company leveraging artificial intelligence for trade compliance and automation, and Coriolis Technologies, a leading trade data and analytics provider, have partnered to launch an integrated solution for banks to measure and verify environmental, social and governance (ESG) performance across trade transactions.