In an effort to embed its offerings more deeply in consumers’ day-to-day routines, The Kroger Co.is expanding its digital presence beyond grocery. The grocery giant announced Wednesday (May 3) the launch of sushi and floral arrangement deliveries via the aggregator from more than 1,400 stores,...
Provi is expanding its electronic payment offering designed for the beverage alcohol industry. The company’s ProviPay, which is currently available to select retailers in Colorado and Texas, has evolved to adhere to state-specific payment regulations and will be rolled out in select markets throughout the United States...
OpenEnvoy has raised $15 million in Series A financing to grow its accounts payable (AP) automation solution. The company’s platform uses artificial intelligence (AI) to digitize invoices and perform reconciliation, eliminating billing errors and the need for interdepartmental approval processes, OpenEnvoy said in a Wednesday...
Uber and Stripe have expanded their strategic payments partnership across the United States, Australia and Japan. By expanding its use of Stripe’s payment platform, Uber will reduce payments costs, enhance payments performance and give customers more payments options, the companies said in a Wednesday (May...
Open banking platform Tarabut Gateway hopes to expand in Saudi Arabia after raising $32 million. The company announced the Series A funding round Wednesday (May 3) in a news release provided to PYMNTS, saying it wants to use the money to attract new talent and...
Fraud is growing faster, which means organizations’ defenses need to constantly be evolving. Today’s digitized payments landscape has given bad actors an increasingly sophisticated array of tools and tactics to defraud both businesses and individuals, making it mission-critical for organizations to defend their exposure points...
Luxury store openings in Europe skyrocketed last year as global travel resumed. That’s according to the latest edition of Savills’ Global Luxury Retail Outlook, which found a 77% increase in new high-end stores in Europe. “A relatively fast recovery in luxury spend in the region,...
Aiming to reach a new generation of golfers, Adams Golf has moved fully online. The TaylorMade Golf-owned brand aims to be “a digitally native leader in direct-to-consumer golf equipment,” Adams Golf said in a Monday (May 1) press release. “We’re pushing this brand to be progressive and different, but...
Simon Property Group (SPG), the largest shopping center manager and developer in the United States, has had a favorable start to the year, as indicated in its first-quarter report on Tuesday, which presented gains across different metrics. However, one question remains: Are people still shopping...
