Shipt is expanding its c-suite as its parent company, Target, aims to grow its share of same-day delivery sales. The grocery and retail delivery company announced Tuesday (Aug. 22) that it has expanded the role of Smrutha Ipparthi, previously chief product officer, to chief technology...
One overarching theme in payments — no matter whether commercial or retail transactions — is that of speed. Faster payments tend to translate into greater efficiency and transparency, and there are any number of initiatives in the mix to improve cross-border transactions. Real-time payments, of...
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Heights Finance Holding, formerly known as Southern Management, and several of its subsidiaries, charging they have engaged in illegal loan-churning practices. The CFPB alleged that the company and its subsidiaries (collectively known as Southern) target struggling borrowers...
Kroger is reportedly now the number one sushi seller in the United States — a circumstance that comes alongside grocers’ ongoing effort to become consumers’ one-stop shop for food of all kinds. According to a Wall Street Journal (WSJ) report Monday (Aug. 21), Kroger has risen to the...
French multinational tech firm Thales has unveiled a tool to help customers adopt a cloud-based payments infrastructure. Announced Tuesday (Aug. 22), the Thales payShield Cloud HSM is a subscription-based digital payments security service built using the company’s payShield 10K Payment Hardware Security Module (HSM) technology. “Across industries and...
The B2B ecosystem is mired in legacy and often interpersonal, relationship-based processes. At the same time, commercial buying and selling has become increasingly complex and fragmented. That’s where generative artificial intelligence (AI) can come into play. The commercial economy is already being transformed by the...
Koverly has unveiled its B2B buy now, pay later (BNPL) platform, offering businesses enhanced payment flexibility and reduced foreign exchange (FX) rates. The standout feature of the new KoverlyPay is the introduction of a 30-day extension on FX payments at no cost to either the buyer or seller,...
Right now, the headlines and news stories detailing the deluge of holiday merchandise on retailers’ shelves are a bit whimsical. Christmas is here, is the read across – and it’s only August. As reported in recent days by CNN and other media outlets, back to...
TreviPay has introduced a new feature that enables merchants to process cross-currency transactions for their B2B customers. This development aims to facilitate global business growth and enhance buyer loyalty, the global B2B payments and invoicing network said in a Tuesday (Aug. 22) press release. With operations in 32...
