In times of economic turbulence, brands and retailers have been known to turn to some pretty wild scare tactics to ensure that customers keep reaching for their wallets. Inflation, the bogeyman of fiscal policy, often leaves people tightening their belts, both figuratively and literally. But...
Banking technology firm Amount has introduced a new digital origination and decisioning Software-as-a-Service (SaaS) platform. “At Amount, we understand the urgent need for financial institutions to adapt and diversify their strategies amidst challenging market dynamics,” Amount CEO Adam Hughes said in a news release Thursday...
Etsy says it is working with Payoneer to help more sellers get paid in their local currencies. The eCommerce platform announced this week that it was expanding its Etsy Payments service to sellers in Thailand and Ukraine, with plans to include Japan, Chile, Argentina, Peru and India (export sales...
Manufacturing is about as labor- and material-intensive a sector as might be seen, in any economy. The sheer volume of raw materials, machinery, plant and orders that must be juggled to keep things running illuminates the need to have speedier payment methods on hand, as...
Klaviyo’s stock has dipped below its listing price, the latest disappointment for the initial public offering (IPO) space. The marketing automation firm now joins a string of high-profile companies whose IPOs were met with much fanfare, only to eventually slump, Bloomberg reported Friday (Oct. 20)....
Poshmark is shuttering some overseas operations and paying greater attention to America’s recommerce market. “In order to focus on Poshmark’s North America business and drive meaningful growth in its core markets of the United States and Canada, the company has made the difficult decision to close...
The decision to shut down an online business to prioritize a brick-and-mortar retail strategy might seem counterintuitive. However, there are instances where this move could make perfect sense, driven by factors like inflation and the sensory experience offered by physical stores. HomeGoods announced Wednesday (Oct....
Conduent Inc., a global technology-led business solutions and services company, launched its latest Finance, Accounting, and Procurement (FAP) software solution, FastCap Finance Analytics, the company said Thursday (Oct. 19). The platform aims to uncover hidden working capital, enabling businesses to free up cash for operations, enhance financial...
In the fast-paced hospitality industry, where convenience and quick access to funds are of utmost importance to workers, the popularity of instant tip payouts is on the rise. In “Generation Instant: Hospitality and Tips,” PYMNTS Intelligence draws on a survey of more than 2,600 consumers...
