Installment payment platforms Splitit and AliExpress are bringing their “Pay After Delivery” offering to the United States. The service, already offered throughout Europe, lets consumers pay for goods after delivery using a “custom-branded experience embedded in the AliExpress checkout flow,” the companies said in a news release Monday (Sept. 11)....
AMP has raised $18.5 million in a Series A funding round to expand its interconnected platform for eCommerce merchants. The idea for AMP came about when founders Cameron Priest and Patrick Barnes realized that many brands and merchants struggled to manage multiple apps required to run their eCommerce stores, the...
Hackers reportedly gained control of the X, formerly Twitter, account of Ethereum founder Vitalik Buterin and stole more than $691,000 from unsuspecting victims. The attack was carried out through a phishing link that provided unauthorized access to people’s wallets, with a significant portion of the...
ABC Finance has introduced an invoice finance comparison tool that quickly connects business owners with lenders who meet their funding requirements. This platform was developed to fix the flaws and pain points in the market via the use of technology, and to help business owners get the product...
Loyola University Maryland is leveraging Amazon’s “Just Walk Out” technology to dramatically increase its ability to meet student demand for food and essentials at almost all hours of the day. In an interview with PYMNTS, Mike Mansfield, the university’s associate vice president of auxiliary operations,...
Consumer choice is at the heart of open banking, and, according to the Consumer Financial Protection Bureau (CFPB), open ecosystems and interoperability are among the key enablers of consumer choice. Near-field chip technology is becoming a flashpoint in the jousting between Big Tech, regulators and...
Nvidia’s gain has reportedly been other chip startups’ loss. The firm has become the go-to company for computer chips used in artificial intelligence (AI) processes, which has shut off the funding tap for the company’s potential competitors, Reuters reported Monday (Sept. 11). Deals in the...
As consumers increasingly prioritize mindful consumption across various facets of their lives, rentals have emerged as a popular means of accessing new styles without the burden of commitment and excessive consumption of items that might only be used once or twice. This mindset has proven...
India is preparing to add a voice-enabled feature to its Universal Payments Interface (UPI) system. But are the country’s bankers speaking the same language? A report Monday (Sept. 11) by Bloomberg News paints them as cautiously optimistic about the technology. Last month, the Reserve Bank of India released a...
