Instacart is driving sales with consumers rushing to use flex spending funds before they expire. The grocery aggregator announced Wednesday (Dec. 7) the launch of a pop-up online shop for items eligible with Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs), featuring items ranging from COVID-19...
Tapline has secured €31.7 million in equity and debt in a pre-seed funding round. Out of the total, debt funding of €30 million ($33.5 million) was provided by Fasanara Capital. The remaining €1.7 million ($1.8 million) equity round was led by the V-Sharp Venture Studio...
Veem and Finastra have partnered to help banks offer innovative payment services. The partnership creates a native integration that allows Veem’s accounts payable (AP) and accounts receivable (AR) services for small and medium-sized businesses (SMBs) to be accessed directly through Finastra’s Fusion Digital Banking Platform,...
Retailers are expanding their in-store fulfillment options to accommodate changing shopping patterns. It’s a trend we’ve been noting for some time and one that now extends to retailers like Ulta, as the Wall Street Journal reported Thursday (Dec. 8). The beauty product chain has expanded...
Younger people are more likely than older adults to report losing money to fraud. The Federal Trade Commission (FTC) reported Thursday (Dec. 8) in a Data Spotlight that adults between the ages of 18 and 59 were 34% more likely than those 60 and older...
The U.K.’s payment regulator has outlined new rules to combat authorized push payment (APP) fraud. The Payment Systems Regulator (PSR) published new rules for banks and building societies on Thursday (Dec. 8), requiring them to report details about APP fraud, including the rates of APP...
Amazon has joined its Big Tech cohorts in trying to capture the social commerce market. The retail giant on Thursday (Dec. 8) unveiled “Inspire,” a TikTok-like feature on its app that lets customers browse a custom photo/video feed to find products. Amazon tells The Wall...
In the latest Provider Ranking of Shopping Apps, we find three ties among 13 different retailers, including a neck-and-neck race to claim the top spot and some churn at the bottom of the list. Let’s look at who’s shopping where. THE TOP 5 SHEIN, this time...
Hotel payment software platform Selfbook has landed a strategic investment from Amex Ventures. “The American Express brand is synonymous with global travel and payment security, and we are thrilled to have Amex Ventures be part of our investor base,” Khalid Meniri, Selfbook’s co-founder and CEO,...
