News

Loyalty & Rewards
Sweetgreen Relaunches Subscription as Restaurants Weigh Paid Versus Free Perks
April 24, 2023

As restaurants balance loyalty and profit concerns, some offer paid subscriptions and others free rewards. Fast-casual brand Sweetgreen, for its part, is looking to have its salad and eat it too, as it were, with its Sweetpass relaunch, announced Monday (April 24). The program, whose...

Point of Sale
Priority Technology Debuts MX Point of Sale System
April 24, 2023

Payments technology firm Priority Technology is set to debut a new point-of-sale (POS) system. The company announced in a news release Monday (April 24) that it will unveil its MX POS at this year’s Transact conference, taking place April 24-26 in Atlanta. “Business owners today...

Security & Fraud
UK Watchdog Warns Banks About Post Office Money Laundering
April 24, 2023

The United Kingdom’s financial watchdog wants to stop money laundering through the Post Office, a retail company that provides products and services, including postage stamps and banking. The Financial Conduct Authority (FCA) is working with other organizations to improve controls to make sure customers can...

Payment Methods
2023 Looms as Banner Year for eInvoicing in the US
April 24, 2023

The pivot toward electronic invoicing — and away from paper — will get a significant tailwind this year in the United States. The Federal Reserve and the Business Payments Coalition (BPC) have been moving through a pilot exchange framework, first announced in 2021, that will connect businesses...

B2B Payments
Shopify Adds Melio’s B2B Embedded Finance Offering to Commerce Platform
April 24, 2023

Shopify has added Melio’s B2B embedded finance offering to its commerce platform. This collaboration has created an integrated accounts payable (AP) solution called Shopify Bill Pay that enables merchants to pay and manage bills from vendors and contractors through the same Shopify admin they use...

Retail
Super.com Raises $85 Million for Savings-Focused Super App and Card
April 24, 2023

Super.com has raised $85 million in a Series C round to grow its savings super app. The firm will use the new funding to continue to scale its product and engineering resources, add new features to the super app and expand the ways in which...

Artificial Intelligence
Sensory Debuts AI-Driven Voice Chat on Consumer Devices
April 24, 2023

Artificial intelligence (AI) company Sensory has brought ChatGPT-like technology to devices without screens or keyboards. The Santa Clara, California-based firm announced Monday (April 24) in a press release emailed to PYMNTS a new integration that lets ChatGPT and other large language models drive conversational voice...

eCommerce
Swiping Right on Personalization: How an Ex-Tinder CEO Is Growing an Online Nursery Business 
April 24, 2023

Plant enthusiasts, gardeners and landscapers consider visiting a nursery in person as a necessity when it comes to selecting plants, shrubs, and trees. It allows them to inspect the plant up close, examine the leaves, and check for any signs of damage or disease. They...

eCommerce
eBay-Backed Cudoni Shuts Down, Highlighting Growing Competition in Luxury Resale  
April 24, 2023

Back in January, Cudoni, a startup based in London, added eBay to its roster of investors with a $9 million fundraise. Today, the company no longer exists. The company stated that the present economic situation has made it unfeasible to continue its operations. The move...