Payments service provider dLocal has launched a partnership with British remittances firm ACE Money Transfer. The companies say their collaboration, announced in a news release Tuesday (Oct. 24), is designed to improve payout services across the Asia-Pacific (APAC) region and Europe, the Middle East and Africa (EMEA). According to...
As restaurants look for ways to retain their employees, the convenience of instant tip payouts can go a long way toward driving hospitality worker satisfaction. By the Numbers The study “Generation Instant: Hospitality and Tips,” a PYMNTS Intelligence and Ingo Money collaboration, drew from a...
Luxury group Kering reported a 9% decline in revenue on a comparable basis in the third quarter, attributing the drop to macroeconomic conditions and its own changes in distribution. Among the group’s brands, Gucci’s revenue was down 7% on a comparable basis, Yves Saint Laurent’s was down...
Global spend management solution Payhawk has partnered with global payment infrastructure firm Wise Platform to provide faster and more cost-effective global payments to its international customer base. This collaboration solidifies Payhawk’s position as a one-stop shop for spend management, offering a single platform to manage all card, reimbursement and...
Shipping platform Shippo and InsurTech Cover Genius have joined forces to introduce an insurance solution for eCommerce merchants and ensure a positive shipping experience for their customers. The solution, Shippo Total Protection, aims to provide comprehensive protection, global coverage and seamless claims handling for businesses, the companies said...
Truist Bank has partnered with Trovata, a provider of bank application programming interfaces (APIs) and enterprise cash management services, to enhance cash forecasting and liquidity management for its commercial and corporate clients. This collaboration will provide Truist clients with improved access to Trovata’s cash management...
When it comes to the innovation, investment and implementation of disruptive artificial intelligence (AI) products and research, the United States leads the rest of the global pack. That’s according to a newly released report from venture capital firm Air Street Capital. The “State of AI...
Coca-Cola is using artificial intelligence (AI) to increase sales to business customers by automatically prompting them with tailored messaging. The food giant shared on a call Tuesday (Oct. 24) discussing its third-quarter earnings results how its eB2B platform has been digitizing and implementing new technologies...
Entersekt and digital banking platform EbankIT teamed to provide new security measures for financial institutions. The companies’ new solution offers banks and credit unions biometric authentication and protection against several account takeover fraud schemes, while also reducing contact center operational costs, according to a Tuesday...
