Новости за 15.03.2024

Uber and Lyft will reportedly halt their operations in Minneapolis after the city council voted to require that drivers be paid a minimum wage of $15.57 per hour. The rideshare companies said they will stop operating there on May 1, Reuters reported Friday (March 15). Uber said it was “disappointed” in the city council’s decision […]

Latin American eCommerce and payments firm Mercado Libre is reportedly set to invest a record $2.5 billion in Mexico this year, up from the $1.6 billion spent in 2023. The investment will be distributed across various business areas, including warehouse expansion, logistics network enhancement, loan increases, salary payments, and marketing and technology investments, Bloomberg reported […]

Canary Technologies has partnered with Adyen to help hotels enable seamless and secure transactions for their guests. The collaboration features the integration of Canary Technologies’ global Guest Experience Platform with Adyen’s global financial technology platform, the companies said in a Wednesday (March 13) press release.  “This integration marks a significant milestone in our ongoing commitment to providing our hotel partners with […]

California’s recent vote to regulate artificial intelligence (AI) and personal data use by businesses underscores growing concern over the risks posed by these technologies in the absence of clear federal laws. “Congress and the administration do not operate in a vacuum,” John Hallmark, U.S. political and legislative leader at consulting firm EY, told PYMNTS in […]

The digitization of the B2B space, from payments to marketplaces, is well-trodden ground by now. But that doesn’t mean that the increasingly online modus operandi for B2B businesses can’t throw companies a few curveballs every now and then. This, as new updates to Google’s bulk email guidelines, announced last year and set in place since February, have […]

PAR Technology has acquired TASK Group and Stuzo Holdings to expand its unified commerce software offerings. These acquisitions will expand the global food service technology company’s offerings into convenience stores, fuel retailers and international markets, PAR Technology said in a Monday (March 11) press release. The company has entered into an agreement to acquire TASK […]

While we were all watching online fraud, social engineering and ransomware, an old school financial crime tactic is rearing its ugly head. Counterfeit banknotes are making a comeback back all over the world, exposing in-store merchants and restaurants to potential lost revenue. The issue exists despite the migration from cash to digital payments since the […]

As consumers splurge on gifts in spite of other budgetary cutbacks, Groupon is looking to capture this lucrative opportunity. The eCommerce marketplace shared on a call with analysts discussing its fourth-quarter and full-year 2023 financial results Friday (March 15) that, amid revenue declines, the company is targeting consumers’ gift spending to drive increases going forward. […]

This week in artificial intelligence (AI) news, a study examined different views on AI’s future, while the EU is moving forward with strict AI laws. Meanwhile, smaller and more efficient chatbots, like Inflection’s Pi upgrade, are making AI cheaper and more accessible for businesses, showing a trend toward cost-saving and energy-efficient AI models. Debate Over […]

Call it status quo — and maybe a sense of ennui? The latest, preliminary readings of consumer sentiment for the month of March, issued Friday (March 15) by the University of Michigan, found that things are little changed. The latest calculation came in at 76.5 for the current month, down just a bit from the […]

SAP has launched a composable payment solution designed to help retailers add new payment options. The company’s new open payment framework integrates SAP Commerce Cloud with several third-party payment service providers (PSPs) and allows retailers to choose payment partners based on their own unique needs, SAP said in a Friday (March 15) press release. “SAP’s […]

Despite rampant retail theft forcing many retailers to close their doors, Home Depot has reportedly reaffirmed its commitment to major U.S. cities such as Detroit, Philadelphia and Oakland, California. The home improvement retailer has been heavily investing in technology to combat the significant increase in organized retail crime that’s been seen over the past five years, […]

B2B payments are famously, even infamously, complex. They entail multiple parties and high transaction volumes, all frequently moved across legacy systems that often necessitate the manual reconciliation of invoice details, payment terms, vendor information and more.  Unlike consumer payments, commercial transactions are more about the workflows, data and tooling that enables and supports the money […]

Bank payment company GoCardless plans to grow its indirect channel offering with an acquisition of Sentenial, which operates under the Nuapay brand. GoCardless has signed an agreement to acquire the company from EML Payments Limited, in a deal that is subject to regulatory approvals, the companies said in a Friday (March 15) press release. “Nuapay […]

There’s a metaphor here — somewhere. A butterfly flaps its wings, a hurricane ensues. A rock in a pond sets waves in motion that reach distant shores. Find your own illustrative scenario here, but weeks after a cyberattack on Change Healthcare, a billing and payments unit owned by UnitedHealthcare, hit the headlines, the impact lingers. […]

Adobe is continuing to roll out generative artificial intelligence (GenAI) features across its digital media, digital experience, and publishing and advertising product lines. The company saw strong demand for these features across all customer segments in the first quarter and will add new AI solutions in the coming months, Adobe executives said Thursday (March 14) […]

In a world where change is constant, digitization has become one of life’s certainties. This advancement is coming to even traditionally staid sectors like financial services and banking, spurring profound transformations. That’s because the story of banking is not just about money, transactions and deposits; it’s about the evolution of an industry that sits at […]

With mega-retailers Amazon and Walmart competing to secure consumers’ loyalty for high-ticket purchases such as furniture, the eCommerce giant is pulling further ahead by the quarter. This trend can be seen in the latest data from the PYMNTS Intelligence “Whole Paycheck Report” series, which estimates each of the two retailers’ market share in various categories […]

With the news that inflation climbed upward last month, many small- to medium-sized businesses (SMBs) may find themselves walking a tightrope with even fewer safety nets in place than normal. In the best of times, most SMBs enjoy access to a variety of borrowing tools; however, rising inflation may dampen the ability for entrepreneurs to borrow. […]

Artificial intelligence (AI) startup Jabali wants to create a game engine that allows anyone to turn ideas into games without needing to code. “Our mission is to democratize the creation of games,” Vatsal Bhardwaj, Jabali’s founder and CEO, who previously led product development at Microsoft and Meta, told PYMNTS in an interview. The company just […]

Stocks swooned into the end of the week, as inflation data from the government showed us all that inflation’s here to stay, perhaps longer than many investors had anticipated.   And as a result, the read across is that interest rate cuts from the Federal Reserve may not be coming until the summer, if at all. […]

Logistics and wholesale trade businesses exhibit robust demand for embedded finance innovations. For example, most payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces are very or extremely interested in digital wallet innovations. Many players in this sector prioritize operational improvements, such as faster transaction processing, above other areas for innovations. Fifty percent of PayFacs […]

Dollar General is cutting back on its offering of self-checkout options, saying it is doing so to improve the customer experience and to reduce inventory shrink. This change follows a year in which the retailer saw an increased level of shrink, the company said in a Thursday (March 14) earnings release. Inventory shrink, or shrinkage, is the loss […]

The Securities and Exchange Commission (SEC) has charged 17 individuals connected with Houston-based CryptoFX, alleging that they were involved in a Ponzi scheme. These charges come about 18 months after the SEC filed an emergency action to halt the crypto-asset Ponzi scheme and then worked to identify the individuals who were allegedly involved, the agency said in a […]

Amazon-owned autonomous car company Zoox has expanded the area in which its robotaxis are operating. The company is also operating the vehicles at faster speeds, in light rain and at night, Zoox said in a Thursday (March 14) update. “Deploying our robotaxi in a larger geofence is a big milestone for Zoox,” the company said in the update. […]