Dapi and Mastercard have partnered to provide account-to-account (A2A) payments in the United Arab Emirates (UAE). With this strategic partnership, Dapi, a UAE-based FinTech company, will launch A2A payments on Mastercard Payment Gateway Services (MPGS), the companies said in a Thursday (June 1) press release. “This is a significant milestone...
Instacart is working with discount grocer Aldi on 30-minute delivery of convenience store goods, a move that could boost the grocery aggregator’s competitive position in the category relative to competitors in the space such as DoorDash and Uber Eats. The eGrocery marketplace on Thursday (June...
The Consumer Financial Protection Bureau (CFPB) has advised consumers to transfer money stored on payment apps to insured banks and credit unions. “Your money is at greater risk when you hold it in a payment app, instead of moving it to an account with deposit insurance,” the...
Earlier, PYMNTS reported that the summer of markdowns is here as Macy’s (along with Dollar General) struggled with declining consumer demand. The retailer has now revised its annual sales and profit forecasts downward, citing a deceleration in demand caused by inflation as the primary factor....
As many brands race to become as digitally available as possible, Trader Joe’s is going the opposite route, leaning into its lack of eCommerce presence to set the shopping experience apart. On a recent episode of the grocery chain’s podcast, Inside Trader Joe’s, the company spoke...
Adyen, the financial technology platform that powers the likes of Facebook, Uber, H&M, eBay, and Microsoft, has launched its Payout Services. This offering allows Adyen customers to payout acquired funds in the preferred method of their affiliated users or partners up to three days faster....
Smaller merchants may need more help navigating the new rules than ever before. As reported by The Wall Street Journal in May, international trade deals are fading in favor of less formal pacts in an effort to navigate a changing economic and political landscape. On...
AvidXchange has added a Lien Waiver Management feature for the construction industry. This new feature has been added to the company’s TimberScan purchase-to-pay platform and associates the release of funds with the receipt and inspection of the lien waiver, AvidXchange said in a Thursday (June 1) press release. “Tracking and...
The digitization of everyday life is transforming nearly every consumer touchpoint, particularly payments. As the world continues to hit new levels of daily digital engagement, generative artificial intelligence (AI) is emerging as a crucial optimization driver within future-fit solutions like embedded finance. That’s because AI capabilities...
