As elsewhere, in the Gulf Cooperation Council (GCC) region, the remittance market has traditionally been dominated by a few major players. According to Amir Fardghassemi, founder and CEO at UAE-based financial super-app Jingle Pay, that lack of competition has contributed to a system where high...
Two tech companies serving the cannabis industry have combined as enterprise commerce technology platform Treez has completed its acquisition of payment solutions platform Swifter. The acquisition adds Swifter’s roster of retail cannabis clients to that of Treez and enables the offering of enhanced, comprehensive financial...
Grocers looking to drive digital engagement would be better served to focus on their mobile offerings than their laptop/desktop sites. By the Numbers Data from the latest edition of the Digital Economy Payments study, “Digital Economy Payments: The Rise Of Mobile eCommerce,” for which PYMNTS...
To borrow from an old holiday chestnut, ‘tis the season for financial scams and cheaters, as the wicked work of fraudsters gets an added bump from consumer fraud that tends to tick up during the holidays, and even more so in a gifting season set...
Despite the high cost of delivery and the economic challenges of the aggregator model, DoorDash, the United States’ leading aggregator, stated that it has no intentions to raise the price of its DashPass membership any time soon. On a call with analysts Thursday (Nov. 3)...
Used car eCommerce platform Carvana said it expects the industry will face headwinds well into 2023, saying it plans continued cost-cutting measures to counter them. In materials released Thursday (Nov. 3) along with its quarterly earnings call, Carvana Founder and CEO Ernie Garcia said the...
In the latest move to crack down on unlabeled advertisements on social media, the U.K.’s Competition and Markets Authority (CMA) on Thursday (Nov. 3) published new guidelines for platforms, brands and influencers to follow as part of efforts to help users spot a paid-for endorsement...
Home retailer Williams Sonoma has added a new commercial grade kitchen offering to its B2B program. This new offering is a curation of more than 2,000 existing products that have passed the company’s in-house Contract and Commercial Grade testing protocols, which simulate the rigors of...
Dutch payment solutions firm PayU has teamed with the Bangalore Metro Rail Corporation Limited (BMRCL) in India to offer payments via its new WhatsApp-based Chatbot solution. According to a Thursday (Nov. 3) news release, the partnership will let commuters on the Namma Metro system book...
