News

Mobile Payments
Square Now Opens iPhone Tap to Pay to All US Sellers
September 28, 2022

Square’s Early Access Program for Tap to Pay on iPhone is officially over and the payment option is now available to all sellers in the U.S. using an iPhone and Square’s point of sale (POS) app. Early access to Square’s iPhone Tap to Pay option...

B2B Payments
Oracle NetSuite Debuts AP Automation Tool
September 28, 2022

Oracle NetSuite has debuted NetSuite AP Automation, a product designed to help companies address time-consumer accounts payable processes. “The only solution that embeds banking services into a cloud enterprise resource planning (ERP) system, NetSuite AP Automation helps organizations improve profitability by making it easier and...

Delivery
Shipt Targets Healthy Meals as Part of White House Hunger Conference
September 28, 2022

Food delivery platform Shipt is launching a new initiative targeting healthy foods and nutritious meal planning, with plans to add ​​Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payments for low-income shoppers in 2023. Shipt outlined its plans in Washington, D.C., at the second-ever...

B2B Payments
Partner Hub, Answer Pay Team on eInvoicing, Request-to-Pay Services
September 28, 2022

Payments-as-a-service platform Answer Pay and online invoicing service and technology provider Partner Hub have joined forces to make it easier for banks to offer their customers request-to-pay and eInvoicing services.  The partnership pairs Answer Pay’s request-to-pay service, available in the United Kingdom and the Single...

B2B Payments
PingPong, Uncapped Partner on Capital Advance for European Merchants
September 28, 2022

Aiming to help eCommerce merchants that have established their businesses and are now looking to expand, PingPong Payments and Uncapped have partnered to enable PingPong customers in Europe to get a capital advance from Uncapped. The new partnership agreement for lending services brings together the...

Delivery
Instacart Debuts Employee Wellness Perks to Court Business Customers
September 28, 2022

Among other moves to expand its audience, Instacart is now targeting businesses with a range of initiatives focused on employee health. Amid a range of features and promotions included in its new “Instacart Health” initiative announced Wednesday (Sept. 28), the grocery technology giant has introduced...

CFPB
US Chamber, Banking Groups Allege CFPB Overreaches on Discrimination Testing
September 28, 2022

The U.S. Chamber of Commerce has joined several business organizations in suing the Consumer Financial Protection Bureau (CFPB), saying the agency is overstepping its bounds in new rules that deal with discrimination in banking. According to a chamber news release Wednesday (Aug. 28), the suit...

Investments
Grover Agrees to $260M Debt Financing Facility With M&G
September 28, 2022

Berlin-based Grover, which operates a consumer technology subscription platform, has agreed to a new 270-million-euro (about $260 million) debt financing facility with international asset manager M&G. Grover runs a subscription model that allows people to rent consumer electronics, including computers, smartphones, games consoles and eScooters....

Retail
Grocers, Retailers Drawn to Speed, Proximity of in-Store Micro-Fulfillment
September 28, 2022

As grocers and retailers work to improve the speed and ease of their order fulfillment capabilities, many are looking to boost their tech and handling capabilities with in-store micro-fulfillment rather than at giant remote warehouses. According to Israel-based startup Get Fabric, the trend of localizing...