News

Payment Methods
Primer and Volt Partner on Account-to-Account Payments
July 20, 2023

Primer has partnered with Volt to allow its customers to accept instant account-to-account (A2A) payments via Primer’s payment automation platform. This partnership enables global merchants to benefit from significantly reduced fees and faster settlement with instant bank payment options, along with the ability to integrate Volt’s real-time payments...

Retail
Ocado CEO: U.S. Lags Behind Other Countries on eGrocery Profitability
July 20, 2023

As United States grocers look to seize on the digital shift, they may need to update their infrastructure to make eCommerce worth its while in the long run, according to Ocado CEO Tim Steiner. On a call with analysts Tuesday (July 18) discussing grocery technology...

Regulation
CFPB Head Doesn’t Want to Be ‘Cheerleader’ for Bank Mergers
July 20, 2023

America’s consumer watchdog says bank mergers are set to become much tougher to pull off.  In an interview with Reuters Thursday (July 20), Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra said lenders should expect more scrutiny into mergers following this year’s banking crisis. “The ink on the rubber stamp has...

Payment Methods
Worldline Introduces End-to-End Mobility Payments Solution
July 20, 2023

Worldline has launched an end-to-end solution to provide an enhanced, seamless and secure payment experience for mobility operators and their customers. The new Mobility Payments Suite offers a wide range of experiential enhancements designed to meet any customer’s payment needs, the payment service provider said in a Wednesday...

Retail
GNC Adds Free Healthcare Products and Services to Loyalty Program
July 20, 2023

GNC has added free healthcare products and services to its loyalty program. With the new GNC Health added to the upgraded GNC PRO Access membership, which has a fixed fee of $39.99 per year, customers can now receive access to free telehealth appointments, 40 generic versions of urgent care medications...

Retail
Macy’s, Nike Launch Inclusive Fits for Decreased Returns
July 20, 2023

If a coat or a pair pants were tailored to your body, what’s the likelihood of you returning it? Probably slim. But what if tailoring wasn’t an option and relying on what the retail industry has to offer for your body type was the only...

Retail
Kim Kardashian’s Skims Captures $4 Billion Valuation
July 20, 2023

Kim Kardashian’s business empire is now worth $4 billion more. The influencer/mogul’s apparel company Skims has been valued at $4 billion following a $270 million funding round, The New York Times reported Wednesday (July 19). “It has grown quickly, and we’re so proud of that,” Kardashian told the newspaper....

Retail
How ‘Get the Look’ Contextual Commerce Drives Product Discovery and Conversions
July 20, 2023

As artificial intelligence (AI) runs rampant in the retail industry, augmented reality (AR) solutions, high-quality imagery, relevant product recommendations and all attempts to get personalized are ramping up — making uber personalization the new normal.  One element to personalization on eCommerce that often gets overlooked...

Delivery
DoorDash Beats Out Uber Eats and Grubhub in Food Delivery Race
July 19, 2023

Much like other highly competitive sectors, the aggregator market is dominated by the top three leaders and then the rest when it comes to usage. A closer look, however, reveals that over the past year, the three leaders — DoorDash, Uber Eats and Grubhub — have...