Generative AI is increasingly popular, but business leaders looking to stay in front of the wave will need to pay attention to avoiding being run over by it.
On paper, B2B payments are ripe for digitization. The only problem is that so many B2B payments remain, ironically, stuck on actual paper. It’s the 21st century, after all. Yet around 4 in 10 B2B payments made in the U.S. rely on paper checks and...
The job numbers came in hot. The Fed looks set to raise rates. And the interest rate-sensitive names in the FinTech IPO Index took a bit of a hit. In a holiday-shortened trading week, the index limped into Friday down a bit more than 1%,...
Hooking consumers with the privileges of subscription membership is worth offering trial giveaways for Amazon and Walmart. Ahead of July’s savings extravaganza, Amazon and Walmart are increasing free subscriptions or trial offers for their membership programs, Amazon Prime and Walmart+. With the intent of luring...
When it comes to online grocery, consumers are more willing to hop in their cars and pick up their orders than wait around (and/or pay the extra price) for delivery. For the study “12 Months of the ConnectedEconomy™: 33,000 Consumers on Digital’s Role in Their...
Affirm is sunsetting Returnly and transitioning the merchants using that platform to Loop. Returnly, which was acquired by buy now, pay later (BNPL) provider Affirm in 2021 and offers shoppers a self-service online returns experience, will be closed by early October, Affirm said in a Thursday (July 6) blog...
Influencer marketing platform LTK has made it easier for creators to share deal opportunities with their fans. “As shoppers continue to find ways to shop smarter, the new Deals tab automatically pulls in product deals and sales curated by hundreds of thousands of LTK Creators to help...
Revolut has launched a new in-app feature in the United States that provides instant cash back rewards. The financial app’s new Shops feature provides up to 3% instant cash back rewards at participating brands and retailers that are listed in the app, Revolut said in a Thursday (July...
New York City-based FinTech Clair has raised $175 million in funding. The financing was led by Thrive Capital and included participation from Upfront Ventures and Kairos, Clair said in a Thursday (July 6) press release. Michael Presser, investing partner at Kairos, is also joining Clair’s board as an observer. Founded in 2019, Clair provides...
