Fraud moves fast, particularly within industries that have historically moved slowly. As legacy sectors like shipping, transportation and logistics begin to trade in the phones and fax machines for digital booking tools and other commercial platform innovations, they inadvertently open themselves up to new fraud...
British neobank Zopa Bank has raised 75 million pounds ($93 million) to fuel its “continuous growth and expansion.” The company has now raised a total of 530 million pounds ($660 million) since its launch in 2020, including 150 million pounds ($187 million) raised this year, Zopa...
Turkey-based grocery delivery company Getir is reportedly raising $500 million in a new funding round. The investment values the company at $2.5 billion, a decrease from its previous valuation of $11.8 billion 18 months ago, the Financial Times (FT) reported Friday (Sept. 8), citing unnamed...
TikTok’s new Shop marketplace, which has launched to some users in the United States, has reportedly raised concerns about product authenticity and data privacy. The early version of the social media app’s eCommerce marketplace in the U.S. showcases low-priced products from China, drawing comparisons to the challenges Amazon has faced with...
The data show that 20% of individuals have overdrawn their accounts in the past year as they grapple with the demands of inflation, of timing cash flows with their monthly bills and everyday spend. Non-sufficiency of funds, of course, can lead to a negative impact...
In today’s digital age, money talks in bytes, not bills. And PYMNTS has been closely tracking the “What’s Next” in digital payment trends as money movement increasingly evolves from greenbacks to screen taps. That’s because traditional and legacy payment systems are primed for an upgrade...
In convenience stores’ ongoing push to gain share from quick-service restaurants (QSRs), Casey’s General Stores is turning to voice ordering technology. The convenience retailer, which has more than 2,500 locations, announced Wednesday (Sep. 6) that it is rolling out a conversational artificial intelligence (AI) from...
From fashion to advertising and beyond, companies increasingly recognize the importance of representing a diverse range of body types, skin tones and backgrounds in their marketing and products. This shift toward inclusivity is a response to societal changes and a strategic move to engage a...
For generations, supermarkets have played a fundamental role in our daily routines, serving as a convenient destination to find all our grocery and household needs in one place. These retail juggernauts have consistently transformed themselves to align with shifting consumer tastes and market dynamics. One...