News

Investments
Slope Raises $30 Million to Scale AI-Powered B2B Payments Platform
September 27, 2023

Slope has secured $30 million in an equity round to scale its artificial intelligence (AI)-powered payments platform for B2B businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

eCommerce
Report: Amazon Seller Thrasio Mulls Bankruptcy
September 27, 2023

Thrasio, a prominent eCommerce startup specializing in acquiring consumer brands sold on Amazon, is reportedly grappling with financial difficulties following a decline in online spending in the wake of the COVID-19 pandemic. Get the Full Story Complete the form to unlock this article and enjoy...

eCommerce
DOJ Accuses eBay of Selling Products That Violate Environmental Laws
September 27, 2023

The United States Justice Department has filed a complaint against eBay, accusing the online marketplace of unlawfully selling and distributing products that violate environmental regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Visa Debuts Virtual Card Solution With Lloyds Bank
September 27, 2023

Visa has teamed with Lloyds Bank to launch a virtual card solution for businesses. 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...

B2B Payments
Bloomreach Adds Group Merchandising to B2B eCommerce Search Solution
September 27, 2023

Bloomreach has enhanced its eCommerce search solution with group merchandising and other new features that specifically cater to B2B merchandisers. 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...

Investments
Revio Raises $5.2 Million to Grow Africa-Focused Payments Orchestration Platform
September 27, 2023

Revio, a payment orchestration platform, secured $5.2 million in a seed round to tackle the challenges and opportunities in the African payment ecosystem. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
From Bulk Bargains to Inventory Insight: How Costco Wins Hearts and Wallets 
September 27, 2023

Costco has built its reputation on value-based bulk deals, and it’s an offering that keeps shoppers flocking to its stores.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
ASOS Sales Forecast: Summer Showers Dampen Revenue 
September 27, 2023

Weather can exert an influence on consumer purchasing choices, a phenomenon vividly illustrated by the advisory released by the online fashion giant ASOS in relation to its recent financial performance.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Target to Shutter 9 Stores Due to Retail Theft Wave
September 27, 2023

Target is blaming an apparent wave of shoplifting for the closure of nine of its stores. 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...