As the tech world undertakes layoffs, MercadoLibre is in hiring mode. The Latin American eCommerce giant plans to add 13,000 jobs this year, Chief People Officer Sebastian Fernandez Silva said in an interview with Bloomberg News Thursday (April 20). The hiring will focus on logistics...
Vesey Ventures has launched a $78 million debut fund focused on early-stage FinTech companies. The new venture firm was founded by three former managing directors at Amex Ventures: Dana Eli-Lorch, Lindsay Fitzgerald and Julia Huang, Vesey Ventures said in a press release emailed to PYMNTS....
In an effort to drive customer frequency by lowering costs, aggregators are testing robotic delivery. Uber, for its part, announced Thursday (April 20) that it is expanding its partnership with sidewalk delivery robotics company Cartken to offer autonomous fulfillment in Fairfax, Virginia’s Mosaic District shopping...
Federal officials have charged 18 people in a wide-ranging series of COVID fraud cases. The defendants are accused of taking part in a variety of schemes to exploit healthcare services during the pandemic, and allegedly led to more than $490 million in COVID-19 related false...
Lockstep has added new payment acceptance to its connected accounting network for B2B companies. The company’s Lockstep Self-Service now enables companies to accept online payments from customers using Stripe, PayPal or the merchant processor of their choice, Lockstep said in a Thursday (April 20) press...
People can’t seem to decide which digital banking experience they like best, which would explain the tangle of tied scores and new or returning names to PYMNTS’ Provider Ranking of Digital Banking Apps. It would also explain why there are currently 16 apps in a Top...
Venture capital (VC) firm Kindred has debuted a $130 million fund targeting early-stage companies. Announced Thursday (April 20), the fund — Kindred’s third — will invest in businesses offering “picks and shovels,” in other words, “tools and services that power industries — the [application programming...
Nitra is now offering its cardholders a free six-month trial to Walmart Business+. Nitra provides smart expense management solutions and business support for medical practices and healthcare providers, while Walmart Business+ membership includes free shipping, no minimum and 2% back in rewards on orders totaling...
In the pandemic era, loyalty programs proved to be an effective strategy to retain customers even while maintaining physical distance. However, with in-store experiences making a comeback, retailers are looking to capitalize on these loyalty programs by offering exclusive events and perks. But can loyalty...
