News

B2B Payments
Innovators Find ‘White Space’ in Making Business Payments Secure and Certain
November 15, 2023

B2B transactions play an undeniably crucial in role in shaping the global economy.  And increasingly, technical innovations play an undeniably crucial role in shaping B2B payments. “What makes B2B payments such a great market is the presence of true white space, which is rare in...

B2B Payments
Knowing When Payments Will Arrive as Important as Getting Paid, Says Flock Freight CFO
November 15, 2023

Change comes slowly first, and then all at once, as the adage goes. And that’s certainly true for the ongoing and remarkable advancements in the business-to-business (B2B) payments space. “There has been so much innovation … we’ve seen a proliferation of so many different payment...

Biometrics
Biometric Authentication Tailor-Made for a Digital-First World
November 15, 2023

The realm of payments authentication is undergoing a shift. In today’s digital era, where convenience meets security and organizations and individuals alike no longer need to make a trade-off between the two, legacy methods of authentication are increasingly giving way to a more intuitive, seamless...

eCommerce
The Challenge of Establishing Trust in the Age of Anonymous Commerce
November 15, 2023

“Trust, in the digital age,” Doriel Abrahams, head of risk in the U.S. at Forter, told PYMNTS, “is a lot different than it used to be.” Gone are the days where commerce was done in person, where someone behind the counter knew you and your...

eCommerce
Walgreens Shifts eCommerce Fulfillment From Warehouses to Retail Stores
November 14, 2023

Walgreens is taking a new approach to online delivery by utilizing its network of physical stores.  The pharmacy giant recently closed a warehouse dedicated to eCommerce orders, signaling its commitment to using its 8,700 stores as both retail outlets and fulfillment centers, The Wall Street Journal...

eCommerce
Millennials Lead Grocery’s Digital Transformation
November 14, 2023

When it comes to online grocery, PYMNTS Intelligence indicates, millennials lead the way. By the Numbers The PYMNTS Intelligence study “How the World Does Digital: Daily Digital Engagement Hits New Heights” drew from a survey of more than 17,500 consumers in 11 markets that account...

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...