Uber’s delivery business is expanding beyond restaurants to include courier service from merchants not partnered with the company — a move that comes as aggregators race to capture consumers’ loyalty outside of mealtimes. The company announced Tuesday (Dec. 5) the launch of its “Store Pickup”...
Hudson Hill Capital has made a “significant” majority investment in B2B wholesale platform MarketTime. The private investment firm announced the funding Tuesday (Dec. 5), describing MarketTime as a Software-as-a-Service (SaaS) platform whose tools help facilitate more than $6 billion in wholesale retail commerce between brands,...
Terry O’Neil, head of connected commerce and strategic growth for Citi Retail Services at Citi, said that connected commerce needs to move quickly. In fact, it needs to move at the speed of retail, as merchants must onboard new payment methods and options to meet...
It’s no surprise that businesses and consumers continue to seek alternatives to traditional, costly and time-consuming methods for international payments, driving a growing demand for faster, cheaper and more efficient cross-border payment solutions. As their needs evolve, both consumers and corporates want their cross-border payment...
Artificial intelligence (AI) and machine learning (ML) are no longer emerging technologies. The innovations have officially arrived, and they are already having an impact around the globe – particularly within payments and finance. “There’s a lot of data science magic that goes behind the simple...
The surge in food allergies is molding the culinary scenery, reshaping a once-ignored issue into a major focus within the food industry. Cookie brand Partake is stepping up to address this challenge, providing consumers with a solution that enables them to savor and indulge in...
During this quarter, JOANN opted to refine its retail approach to align better with customer demand. During the craft retailers’ latest earnings call on Monday (Dec. 4), Chris DiTullio, JOANN’s chief customer officer and co-lead of the interim office of the CEO said: “We remain...
French artificial intelligence startup Mistral AI is set to raise about €450 million ($487 million) in its latest funding round. The round includes investments from prominent companies such as Nvidia and Salesforce, and is expected to value Mistral AI at around $2 billion, making it a...
As biometric authentication, and notably facial recognition technology, continues its rapid advancement, heightened concerns about privacy and ethical implications have reignited global discourse. This conversation gained momentum when China introduced draft regulations this summer, aimed at imposing limitations on facial recognition. Following suit, the United States has...
