Uber will begin letting teenagers book rides — highly supervised rides — on its platform. The company announced Wednesday (May 17) the launch of its “teen accounts” service for riders ages 13 to 17. In a post on the company blog, Uber CEO Dara Khosrowshahi discussed the...
Customer communication platform Weave has added online bill pay to its product suite. The feature lets small businesses create, send and embed a link for customers to pay their bills online at their convenience, Weave said in a Wednesday (May 17) news release, singling out healthcare providers. “As digital...
eBay is ramping up its luxury efforts with the purchase of authentication firm Certilogo. The deal gives eBay access to the Certilogo technology platform, which lets brands and designers manage the lifecycle of clothing and lets consumers verify the authenticity of their garments, according to a Wednesday (May 17)...
eBay and “Love Island” have joined forces to strengthen their commitment to the resale movement. This partnership aims to amplify their shared mission of fostering conversations and promoting a preowned-first mindset among shoppers. The partnership marks the second collaboration between the two. In the previous...
In line with retailers like Macy’s, Bloomingdale’s, and Century 21, Swedish furniture giant IKEA is also embracing a smaller and more streamlined approach. With 51 locations in the United States, IKEA has recently announced its ambitious plan to open 17 stores nationwide over the next...
Shein’s latest funding round has reportedly lowered its $100 billion valuation by a third. The online-only fashion retailer raised $2 billion in the most recent round, and slashed its valuation to $66 billion amid a drop in share prices for tech companies, The Wall Street...
Today’s online world offers more vulnerabilities to exploit, and criminals have taken notice. “The total value of money laundering globally per annum is about $4 trillion,” Mike Foster, president and CEO of SymphonyAI NetReveal, told PYMNTS CEO Karen Webster. “That’s about 4% of global GDP,” he emphasized....
The downfalls of Silicon Valley Bank, Signature Bank and First Republic have changed the conversations smaller financial institutions are having with their clients. Doug Brown, president of NCR, told Karen Webster that bankers are grappling with “customer angst about topics they don’t normally inquire about.” Among the most pressing topics is deposit insurance,...
The failures of Silicon Valley Bank (SVB) and Signature Bank were unlike any in history. U.S. lawmakers are hoping to get to the bottom of just why they were, and how the catastrophes could have been prevented. Executives from the collapsed lenders were in the...
