News

Loyalty & Rewards
Cash Back Drives Restaurant Spending for Deal Seekers
September 19, 2023

As restaurants look to reach new consumers and build loyalty, card-linked offers can go a long way, PYMNTS Intelligence reveals. By the Numbers According to the report “Leveraging Item-Level Receipt Data: How Card-Linked Offers Drive Customer Loyalty,” which draws from a July survey of more...

Retail
Amazon Plans to Hire 250,000 Employees for Holiday Season
September 19, 2023

Amazon plans to hire 250,000 employees across the United States for the holiday season. In addition, with a $1.3 billion investment, Amazon aims to increase the average hourly pay for its customer fulfillment and transportation employees to over $20.50, marking an increase of more than 50%...

Retail
Sam’s Club Adds New Advertiser Tools as Grocers Supplement Consumer Revenue
September 19, 2023

With grocers expanding their advertising businesses to boost their margins, Sam’s Club has announced new tools for brands to measure campaign effectiveness.  The Walmart-owned membership warehouse club chain, which has close to 600 locations, announced Tuesday (Sept. 19) the addition of a Media and Sales...

IPO
Report: Klaviyo Considers Pricing IPO Above Indicated Range
September 19, 2023

Klaviyo is reportedly considering pricing its initial public offering (IPO) at the top of its indicated price range or even slightly above it. The marketing automation company is in discussions with its IPO underwriters about the possibility of selling shares at $29 or $30 apiece, Reuters reported Tuesday...

Regulation
Revolut Granted Permission to Delay Filing 2022 Accounts
September 19, 2023

British FinTech company Revolut has reportedly been granted permission to delay filing its 2022 accounts for the second consecutive year. The filings were originally due on Sept. 13, but Revolut has received an extension, Reuters reported Tuesday (Sept. 19). The company will announce the audit and annual report at...

Security & Fraud
Sift Adds PayPal and Adyen Integrations for Chargeback Management
September 19, 2023

Sift has unveiled new integrations and automation capabilities for its Dispute Management product, providing merchants with a solution to efficiently manage chargebacks. The latest integrations with PayPal and Adyen, two of the largest payment processors globally, allow Dispute Management customers to streamline the chargeback management process, the digital trust and safety...

Payment Methods
Payoneer Lets More Airbnb Hosts Get Paid in Local Currencies
September 19, 2023

Airbnb has expanded its partnership with FinTech Payoneer. The new version of the team-up allows Airbnb hosts in multiple countries to get paid in local currencies, according to a Tuesday (Sept. 19) press release. The two companies have also agreed to extend their collaboration for...

B2B Payments
LSQ and Randstad Sourceright Partner on Early-Payment Solution
September 19, 2023

LSQ, a provider of working capital finance and payments solutions, has partnered with Randstad Sourceright to offer an early-payment solution for staffing suppliers. This partnership aims to address the increasing trend of longer payment terms across various industries by providing suppliers with access to affordable funding and...

Mobile Payments
Zebra Debuts Multi-Industry Mobile Payment Tool
September 19, 2023

Zebra Technologies has debuted a mobile payment solution for several different industries. The tool is designed for the retail, hospitality, entertainment, field mobility and logistics sectors. It runs on standard Google Mobile Services and the latest Android operating system, according to a Tuesday (Sept. 19)...