News

eCommerce
Chewy Lays Off 200 Employees, Aiming to Become More Agile
November 14, 2023

Online pet supplies retailer Chewy has recently undergone a round of layoffs, impacting over 200 employees across multiple locations. The layoffs include roles in human resources (HR), recruiting, data and business intelligence, TechCrunch reported Tuesday (Nov. 14). They include some directors and higher managers. Chewy spokesperson Diane Pelkey told the media...

Delivery
HelloFresh Launches In-House Fleet Delivery Service
November 14, 2023

Meal kit company HelloFresh is now in the last-mile delivery business. The company announced Tuesday (Nov. 14) that its company-managed fleet is now operating in 19 major metropolitan areas. “Operating its own fleet of nearly 500 vans allows HelloFresh to reduce transit times and leads to a better end-to-end...

Retail
Smart Carts Expand Even as Shoppers Demand More Traditional Self-Checkout
November 14, 2023

Smart shopping carts are expanding to more grocery chains, even as those that try to rely solely on the technology for self-checkout are finding that many consumers would rather stick with more traditional methods. Take, for instance, French grocery giant Carrefour. A2Z Smart Technologies Corp’s flagship smart...

B2B Payments
Transfix Launches Tool to Consolidate RFP and Freight Procurement Process
November 14, 2023

Transfix has added a new tool that allows shippers to complete the request for proposal (RFP) and freight procurement process in one place. The new RFP Manager facilitates every step from sourcing to settlement and streamlines a process that is often manual and time consuming, Transfix said in...

Payment Methods
VerityPay Debuts Pay-by-Text Offering for B2C Payments
November 14, 2023

B2B Software-as-a-Service (SaaS) platform VerityPay has launched with a new pay-by-text tool for businesses. The new offering lets businesses make payments through text or SMS straight into customers’ digital wallets, such as PayPal and Venmo. “With VerityPay, we’re making digital wallet transactions possible for the first time in a business-to-consumer...

Retail
Sally Beauty Says Shoppers Are Getting Frugal in The Beauty Aisle 
November 14, 2023

Consumers are trimming down on the frills and only indulging in essential items, according to Sally Beauty in its latest quarterly update on Tuesday (Nov. 14).   “We certainly see a little shift in behavior from what we had seen earlier in the year about a...

B2B Payments
Airbase Adds Touchless Expense Reports to Procure-to-Pay Platform 
November 14, 2023

Airbase has added touchless expense reports and improved international payment capabilities to its procure-to-pay platform.  These new global expense management capabilities are enabled by generative artificial intelligence (AI), Airbase said in a Tuesday (Nov. 14) press release.  Managing expense reports and processing reimbursements has traditionally been a...

Payment Methods
Venmo Debuts Feature for Managing Group Expenses
November 14, 2023

Venmo has unveiled a new in-app feature that aims to streamline splitting and managing expenses among groups. The new Venmo Groups provide users with a convenient way to divide and settle multiple or ongoing expenses among friends, family, roommates, partners and other groups, the peer-to-peer payment...

Investments
Blockchain Payments Firm Fnality Raises $95.2 Million
November 14, 2023

Blockchain-based wholesale payment systems firm Fnality has raised $95.2 million in a new funding round. The round, as reported Tuesday (Nov. 14) by Bloomberg News, was led by Goldman Sachs and BNP Paribas. CEO Rhomaios Ram told Bloomberg the company will use the investment to fund the operations and...