Новости за 31.10.2024

Online subscription platform GoodRx entered the over-the-counter market with its new eCommerce service. “The introduction of this new eCommerce service is part of GoodRx’s broader strategy to further integrate health and wellness brands into its platform, streamlining the purchasing process and increasing accessibility of essential products and medications,” the company said in a news release […]

The B2B innovation landscape has never been more exciting than right now. Ongoing technological advances are driving a paradigm shift, allowing B2B firms to streamline and digitize nearly every element of their operations — particularly the workflows and processes surrounding B2B payments. As businesses seek more efficient ways to manage payments and working capital, embedded finance […]

Federal regulators have taken action against VyStar Credit Union following a “botched” online banking launch. As the Consumer Financial Protection Bureau (CFPB) said in its announcement Thursday (Oct. 31), VyStar in May 2022 switched to a new and “dysfunctional” digital banking platform that made it difficult for members to perform basic banking features for weeks […]

Fiserv has introduced a new suite of tools for small businesses. The offering, rolled out via the payments and financial services technology solutions company’s Clover point-of-sale and business management service, was designed with restaurants, retailers and service-based businesses in mind, per a Thursday (Oct. 31) press release. “Factors like rising costs, labor shortages, and the ongoing quest […]

Payments processor Thredd introduced a suite of compliance and risk management services. The new offerings are designed to help FinTechs, program managers and their bank sponsors address heightened concerns about risk and compliance, according to a Wednesday (Oct. 30) press release. “Across the globe, the dialogue about compliance and risk has changed, and it has […]

Peloton appointed the co-founder of Apple Fitness+ to serve as its new leader. Peter Stern, who joins the digital fitness brand from a position at Ford, is slated to become president and CEO beginning Jan. 1, according to a Thursday (Oct. 31) press release. “Peter is a seasoned strategist with a track record of driving […]

Square is expanding its card offering into the U.K. for merchants seeking quicker funding access. An executive from the company — an arm of Twitter founder Jack Dorsey’s Block — told CNBC Thursday (Oct. 31) that it had opened registration for Square Card in Great Britain. This marks the first time the business card will be available outside of North […]

There are a handful of publicly listed cryptocurrency companies in the United States. These firms tend to serve as a good barometer of the state of the digital asset industry, at least domestically. If cryptocurrency exchange Coinbase’s third-quarter 2024 earnings results Wednesday (Oct. 30) were any indication, the use of crypto for speculation is waning, […]

Walmart is touting its AI capabilities as it prepares for the holiday shopping season. The retail giant on Wednesday (Oct. 30) announced several ways it would use artificial intelligence (AI) and generative AI (GenAI) to help consumers, such as helping to offer personalized shopping suggestions. “In the U.S., if a customer previously searched for board games, they may […]

The utilization of working capital solutions is on the rise for healthcare Growth Corporates. In 2024, 97% of industry Growth Corporates using at least one such solution, an increase of 51% year over year. The preference for on-demand solutions — such as corporate and virtual cards and bank lines of credit — has surged 285% […]

Trash — often dismissed as a gritty, behind-the-scenes operation — is going digital. It is arriving in good company. Traditionally, waste management involved cash-heavy transactions. Independent truckers and small business owners frequently received cash payments for hauling loads of construction debris, scrap metal, or even discarded residential goods. But as municipalities increasingly push for cashless, […]

As platform businesses strive to maintain a competitive edge, the readiness to harness data effectively is a factor driving success. Given the world’s digital landscape, the ability to analyze and interpret data in real time allows businesses to respond quickly to market demands and customer preferences. The PYMNTS Intelligence report “The Platform Business Data Readiness […]

Call it one more unpredictable turn in an unpredictable year. As the convergence of financial technology gets closer to consumers and businesses, the focus on money movement takes a twist toward an area where money is usually at rest: deposits. “If you think about where financial services is going, which is more tech-enabled and more […]

Healthcare is among the largest industries in the world, and with the territory come pain points and inefficiencies as small- to medium-sized companies seek to tap working capital and streamline their payments processes. Across the globe, the sector accounts for an average 10% of a country’s GDP, ranging from the $12,000 per person spent in […]

Booking Holdings is seeing early results from growth initiatives while also recording better-than-expected gains in the third quarter. The company’s efforts to advance its “connected trip” vision, to continue developing its artificial intelligence (AI) capabilities and to grow alternative accommodations all saw progress during the quarter, Booking Holdings CEO Glenn Fogel said Wednesday (Oct. 30) […]

AliExpress has launched an initiative designed to invite U.S.-based retailers to sell on its international online marketplace. The initiative, AliExpressDirect, offers U.S. sellers AliExpress’ 0% commission and $0 onboarding costs during a special introductory period as well as marketing, business and customer service support at no charge, the company said in a Wednesday (Oct. 30) […]

Facing declining customer visits, Starbucks is set to embark on a restorative journey to reclaim its identity and enhance the overall experience. During the company’s fourth-quarter and full-year earnings call Wednesday (Oct. 30), CEO Brian Niccol outlined a plan to refocus the company on its core identity. Dubbed “Back to Starbucks,” the initiative seeks to […]

Ohio-based Fifth Third Bank and Community Reinvestment Fund, USA (CRF) have partnered to expand the availability of capital to small businesses in the 11 states served by the bank. The Small Business Catalyst Fund enabled by this partnership has been launched with a $7.85 million investment, the organizations said in a Wednesday (Oct. 30) press […]

The old saying is you’ve got to spend money to make money. For Meta, notching a third quarter earnings report with record revenues, the fact remains that the long-term artificial intelligence (AI) roadmap will require as yet undefined billions of dollars of capital investments in the next year and beyond. The read across might be […]

Microsoft’s aggressive push into artificial intelligence (AI) is showing traction with enterprise customers, as the company reported growth in AI adoption across its product portfolio. “All-up, we now have over 60,000 Azure AI customers, up nearly 60% year over year, and average spend per customer continues to grow,” CEO Satya Nadella told investors during Tuesday’s […]

Blackhawk Network (BHN) will make DoorDash gift cards available to consumers and businesses via more channels in the United States and Canada. The branded payment solutions network and the local commerce platform announced their new partnership in a Wednesday (Oct. 30) press release. With this collaboration, DoorDash gift cards and eGift options are now available […]

In a move that elevates the company’s digital transformation and modernizes the grocery shopping experience, Save A Lot is launching of its first loyalty program. Save A Lot, which operates 750 stores across 32 states, introduced its loyalty program, Save A Lot Rewards, through a mobile app that allows members to earn points, or “dots,” […]

Robinhood Markets has made its name as a place for younger investors to day trade meme stocks, crypto and options on their phones. And on Wednesday’s (Oct. 30) third quarter 2024 earnings call, the retail trading platform’s executives emphasized to investors that their main aim is now to increase wallet share of existing investors while […]

DoorDash and Lyft have formed a partnership that will offer their customers benefits on the local commerce platform’s local delivery service and the rideshare company’s rides. Members of DoorDash’s subscription program, DashPass, and Lyft riders can access these exclusive benefits by linking their accounts, the companies said in a Wednesday (Oct. 30) press release. The […]

It’s a truism that as the U.S. consumer goes, so goes the economy. And consumers are still opening their wallets and purses, tapping to pay, clicking to pay, swiping their cards; by extension, gross domestic product continues its upward trajectory, though at a pace slowing from previous readings. The Commerce Department’s Bureau of Economic Analysis […]