News

Investments
Blackbird Labs Raises $24 Million for Restaurant Loyalty Platform
October 04, 2023

Blackbird Labs raised $24 million to scale its restaurant loyalty and membership platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Investments
Kraaft Raises $3 Million to Expand Contractor Messaging App
October 04, 2023

Kraaft has raised $3.7 million to bring its construction-sector messaging app to new industries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Investments
Brite Raises $60 Million to Expand Instant Payments
October 04, 2023

Swedish FinTech Brite Payments has raised $60 million to expand its instant payment offering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Artificial Intelligence
Meta Begins Rollout of Generative AI-Powered Features for Ad Creatives
October 04, 2023

Meta has begun its rollout of generative artificial intelligence (AI)-powered features for ad creatives in its Ads Manager. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

eCommerce
Nike Sees Strong D2C Sales Despite Consumers’ Discretionary Spending Pressures
October 04, 2023

The continued buildout of Nike’s digital channels and direct-to-consumer (D2C) sales, as well as the brand’s inextricable ties to an ecosystem, are helping buck pressures on discretionary spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Oddity’s AI-Powered Product Development Spurs Repeat Purchases
October 04, 2023

On Monday (Oct 2), Oddity Tech reported third-quarter results that showed revenue growth of 29% to 31% and attributed this to repeat sales in its Il Makiage and Spoiled Child brands.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Delivery
Uber Adds Returns to Package Delivery Service
October 04, 2023

Uber’s package delivery service is now also a package return service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

eCommerce
Squarespace Adds Payments to Serve the Needs of ‘Long Tail’ eCommerce Sellers
October 04, 2023

Dan Chandre, Squarespace vice president, head of Acuity and payments, told Karen Webster that a key to connecting merchants with his firm’s platform lies with payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
Next-Level Care: Generative AI Poised for $22B Growth in Healthcare
October 04, 2023

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...