News

Mobile Payments
Weave Simplifies Healthcare Payments With New Scan to Pay Feature
August 29, 2023

Weave, an all-in-one experience platform for small- to medium-sized healthcare practices, has introduced a new feature called Scan to Pay to its payment suite. The addition aims to streamline the payment process for businesses and their customers by allowing transactions to be completed within seconds...

B2B Payments
Mondu and Spryker Team Up to Provide B2B BNPL
August 29, 2023

B2B payments company Mondu has partnered with composable commerce platform Spryker to offer flexible payment solutions to more B2B buyers and help businesses increase their online sales and revenue. Spryker’s platform-as-a-service solution enables businesses to create B2B, B2C and marketplace commerce experiences, the companies said in a Tuesday (Aug....

Retail
Omnichannel, AI Can Help Retailers Joust With Amazon, Walmart for Health and Beauty Spend
August 29, 2023

Despite inflation, despite the volatility in discretionary spending, certain categories are holding up. Consumers are still opening their wallets to buy health and beauty products. Data from the U.S. Census Bureau showed that health and personal care-related spending was up 0.7% in July versus June, and up 8% on...

eCommerce
PepsiCo to Invest $175 Million in Instacart as Food Brands Digitize
August 29, 2023

As online grocery grows, brands, retailers and third-party platforms alike are looking to grow their share in the category, and with PepsiCo’s major investment in Instacart, the food and beverage giant is looking toward its digital future. As grocery technology giant Instacart disclosed in its Form...

Artificial Intelligence
Google Cloud Expands Vertex AI Platform With New Models and Upgrades
August 29, 2023

Google Cloud has announced several updates and expansions to its Vertex AI platform, aimed at providing customers with a wide range of options for AI models. The company has seen strong demand for Vertex AI, with customer accounts growing more than 15 times in the last quarter, Google...

Retail
JOANN’s Data Analytics Drives Tailored Campaign Success Amid Back-to-School Rush 
August 29, 2023

When you think of JOANN’s you might think of simply arts and crafts, but arts and crafts can be applicable to many occasions, including back-to-school, and that’s an idea the specialty retailer has leaned into by meeting back-to-school goers where they frequent most — social...

Retail
Returns Without a Receipt: The Ticket to Loyalty or Fraud? 
August 29, 2023

Returning without a receipt — at first thought, would you tie the ability to return an item to loyalty? These days, the answer is yes, as returns have evolved into a vital element of loyalty, as consumers often review return policies before even contemplating a...

Cross-border Payments
Banking Circle Brings Its BC Payments to Australia for Cross-Border Payments
August 28, 2023

Payments company Banking Circle has launched its BC Payments unit in Australia. The rollout, announced Monday (Aug. 28), is designed to offer FinTechs, banks and payments businesses in Australia with global payments solutions. “Having witnessed first-hand the frustration of Australian FinTechs losing access to global payment solutions,...

Retail
PYMNTS Intelligence: Retailers Must Upgrade Back-End Systems to Harness AI Power and Potential
August 28, 2023

With the rise of eCommerce and the need for convenience and flexibility, retailers have turned to artificial intelligence (AI) to enhance the customer experience, with AI-powered self-service options becoming popular. According to data captured in a recent PYMNTS study, 84% of U.S. consumers use self-service kiosks,...