Budget-Strapped Shoppers Splurge on Small-Ticket Items, Scrimp on Major Purchases
Budget-Strapped Shoppers Splurge on Small-Ticket Items, Scrimp on Major Purchases
August 05, 2024  |  Retail

This week in paycheck-to-paycheck shopping news, retail brands are sharing that consumers are becoming less cautious in their spending on small purchases such as groceries,...

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Axle Automation Raises $2.5 Million to Grow AI-Powered AML/KYC Solutions
Axle Automation Raises $2.5 Million to Grow AI-Powered AML/KYC Solutions
August 05, 2024  |  Investments

Axle Automation raised $2.5 million in a seed funding round to grow its artificial intelligence (AI)-powered anti-money laundering and know your customer (AML/KYC) solutions. Get...

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Layer2 Raises Over $10 Million for Cross-Border B2B Payments Offerings
Layer2 Raises Over $10 Million for Cross-Border B2B Payments Offerings
August 05, 2024  |  Investments

Cross-border payments infrastructure platform Layer2 Financial raised $10.7 million in a Series A round. Get the Full Story Complete the form to unlock this article...

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Branded, Faster Checkout Options Gain Momentum as PayPal, Shopify Report Earnings
Branded, Faster Checkout Options Gain Momentum as PayPal, Shopify Report Earnings
August 05, 2024  |  Checkout Conversion

If there’s a common theme emerging among eCommerce platforms this earnings season, it’s that the last moments of a transaction are continually being refined and...

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Saks Reportedly Misses Hundreds of Thousands in Vendor Payments 
Saks Reportedly Misses Hundreds of Thousands in Vendor Payments 
August 05, 2024  |  Retail

Amid a merger worth $2.6 billion, Saks reportedly owes vendors hundreds of thousands. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Mars Bids for Snack Giant Kellanova in $30 Billion Deal
Mars Bids for Snack Giant Kellanova in $30 Billion Deal
August 05, 2024  |  Acquisitions

Mars is reportedly in discussions to acquire snack maker Kellanova in a deal worth about $30 billion. Get the Full Story Complete the form to...

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Lloyds Taps AWS Vet Rohit Dhawan to Lead AI Efforts
Lloyds Taps AWS Vet Rohit Dhawan to Lead AI Efforts
August 05, 2024  |  Personnel

British banking giant Lloyds has picked an Amazon Web Services veteran as its AI head. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Chinese AI Startup Moonshot Reaches $3 Billion Valuation
Chinese AI Startup Moonshot Reaches $3 Billion Valuation
August 05, 2024  |  Investments

Chinese generative AI startup Moonshot has reportedly raised $300 million in a new funding round. Get the Full Story Complete the form to unlock this article and...

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One Inc CEO Says Insurance Market Is Ripe for Embedded Payments
One Inc CEO Says Insurance Market Is Ripe for Embedded Payments
August 05, 2024  |  Insurance

In the connected economy, there are simple business models (think subscriptions), complex business models (think platforms like Uber), and then there’s insurance. Get the Full...

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