J.P. Morgan Chase & Co. has boosted its stake in Brazilian digital bank C6 Bank from 40% to 46%. The financial terms of the deal were not disclosed, Reuters reported Tuesday (Aug. 29), citing a statement released by the banks. This expanded investment comes after J.P. Morgan initially bought...
Restaurant inflation may have many consumers shifting away from restaurant delivery toward pickup, but when diners do order delivery, they are spending more than ever. By the Numbers PYMNTS research for the Connected Dining series found that, as of the start of this year, consumers...
Walmart has launched a new program called Testing and Treatment at its pharmacies in 12 states, according to the retailer Tuesday (Aug. 29). The program allows Walmart pharmacists to test customers for strep throat, the flu and COVID-19 and then provide appropriate treatments. The program is available...
TruLite Health, a company focused on health equity solutions, has closed a $7 million Series A financing round. The funding will be used to accelerate the organization’s commercial growth, enhance client support resources and expand product offerings, the company said in a Tuesday (Aug. 29) press...
Web3 infrastructure company MoonPay has launched an investment arm that aims to support and collaborate with startups in the Web3 and FinTech ecosystems. The new MoonPay Ventures will provide capital and access to resources, mentorship and industry expertise to early-stage companies, with the goal of driving industry-wide value...
ShipEngine, a shipping application programming interface (API), has unveiled a new offering that allows eCommerce platforms to incorporate unified shipping directly within their own services. By using the new ShipEngine for Platforms to embed pre-integrated shipping components, platforms can provide merchants with a shipping experience without the need for...
Weave, an all-in-one experience platform for small- to medium-sized healthcare practices, has introduced a new feature called Scan to Pay to its payment suite. The addition aims to streamline the payment process for businesses and their customers by allowing transactions to be completed within seconds...
B2B payments company Mondu has partnered with composable commerce platform Spryker to offer flexible payment solutions to more B2B buyers and help businesses increase their online sales and revenue. Spryker’s platform-as-a-service solution enables businesses to create B2B, B2C and marketplace commerce experiences, the companies said in a Tuesday (Aug....
Despite inflation, despite the volatility in discretionary spending, certain categories are holding up. Consumers are still opening their wallets to buy health and beauty products. Data from the U.S. Census Bureau showed that health and personal care-related spending was up 0.7% in July versus June, and up 8% on...