News

B2B Payments
LSQ and Randstad Sourceright Partner on Early-Payment Solution
September 19, 2023

LSQ, a provider of working capital finance and payments solutions, has partnered with Randstad Sourceright to offer an early-payment solution for staffing suppliers. This partnership aims to address the increasing trend of longer payment terms across various industries by providing suppliers with access to affordable funding and...

Mobile Payments
Zebra Debuts Multi-Industry Mobile Payment Tool
September 19, 2023

Zebra Technologies has debuted a mobile payment solution for several different industries. The tool is designed for the retail, hospitality, entertainment, field mobility and logistics sectors. It runs on standard Google Mobile Services and the latest Android operating system, according to a Tuesday (Sept. 19)...

Retail
Mastercard Forecasts Higher Holiday Spending
September 19, 2023

Mastercard is predicting a “rebalancing” in consumer spending for the 2023 holiday season. The company on Tuesday (Sept. 19) announced that its SpendingPulse shows retail sales increasing 3.7% for the period between Nov. 1 and Dec. 24. That figure — for in-store and online sales across all...

B2B Payments
Mastercard and Oracle Partner to Automate B2B Payments
September 19, 2023

Mastercard and Oracle have announced a partnership to automate B2B payments for enterprise customers. The collaboration will integrate Mastercard’s virtual card platform into the Oracle Fusion Cloud Enterprise Resource Planning (ERP), automating the B2B finance and payment process, the companies said in a Tuesday (Sept. 19) press release....

Delivery
Grocers Grapple With Direct Delivery as Instacart Goes Public
September 19, 2023

With Instacart going public Tuesday (Sept. 19) via initial public offering (IPO), grocers are rethinking their direct delivery businesses. Some are investing more in their in-house delivery offerings. For instance, Wakefern Food Corp., which spans hundreds of grocery stores over a range of banners, announced...

B2B Payments
Visa and Swift Streamline Cross-Border Payments With B2B Connect
September 19, 2023

Visa and Swift have announced a collaboration aimed at streamlining international B2B payments. The joint effort will provide financial institutions and their customers with more choice, speed and transparency when sending money across borders, the companies said in a Tuesday (Sept. 19) press release. One of the key features...

Retail
Retailers Announce Holiday Hiring Plans Equal to Last Year
September 19, 2023

Three large retailers’ hiring plans for the upcoming holiday season are similar to those they announced last year. A fourth retailer, Macy’s plans to hire 3,000 fewer workers for seasonal positions than last year, Reuters reported Tuesday (Sept. 19). The three retailers that have announced...

Artificial Intelligence
Google Says Bard Can Now Fact-Check Its Own Answers
September 19, 2023

Google has debuted several features for its artificial intelligence (AI) tool Bard. “Bard now integrates with Google apps and services for more helpful responses,” Yury Pinsky, director of product management for Bard, wrote in a Google blog post Tuesday (Sept. 19). “We’ve also improved the...

Retail
IKEA and Afterpay Bring BNPL to Furniture Buying
September 19, 2023

IKEA has entered the buy now, pay later (BNPL) space with the help of Afterpay. The world’s largest furniture retailer announced Tuesday (Sept. 19) that Afterpay’s “Pay in 4” service was now available at its stores and website for customers in the U.S. The program, which lets...