With social apps leading the charge in shoppable content, more traditional entertainment companies such as Paramount are seeking new solutions to hold their own amid the rise of commerce-integrated media. The entertainment provider recently partnered with Shopsense AI, an artificial intelligence (AI)-powered retail media platform...
Meta introduced the latest iteration of its custom-made chips designed for artificial intelligence workloads. The new version marks a performance improvement over the previous generation of this AI tool and helps power Meta’s ranking and recommendation ads models on Facebook and Instagram, the tech giant said in a Wednesday (April 10)...
Airwallex has launched the Borderless Visa Card for businesses in Canada. The virtual card, announced Wednesday (April 10), is issued by Peoples Trust Company and lets Canadian businesses make payments anywhere Visa is accepted. “Operating across borders is table-stakes for modern businesses, whether it’s paying a supplier overseas or...
Starbucks is rolling out new store design features as it adds locations and renovates existing ones. During the current fiscal year that ends in October, the company plans to add 650 stores and renovate 1,000 others, Bloomberg reported Wednesday (April 10). Starbucks has more than 16,300 stores...
Loyalty programs have long served as a cornerstone for businesses seeking to cultivate lasting relationships with their customers. With the ongoing evolution of mobile technology and advancements in payment innovations, these programs are poised to become even more effective in driving customer retention while enhancing...
ServiceUp added an expedited payment processing feature to its auto repair shop management platform. The new InstaPay feature ensures that auto repair shops receive their money within 48 hours of completing the repairs, the company said in a Wednesday (April 10) press release. InstaPay is available to...
As the rise of direct-to-consumer (D2C) enables more personalized experiences than ever, both in terms of the shopping journey and the products themselves, Lids’ co-founder is getting into custom headwear. Glenn Campbell (not that one), who co-founded Hat World in 1995 and acquired Lids several years later, driving...
The Clearing House says its CHIPS network has migrated to the ISO 20022 messaging format. The adoption of this format by CHIPS (Clearing House Interbank Payment System) enhances the efficiency of payments processing, The Clearing House (TCH) said in a news release on Wednesday (April 10), two...
Guesty raised $130 million in a Series F funding round to expand the capabilities and global footprint of its property management software platform for the short-term rental (STR) and hospitality industry. The funding round comes as the growth in demand for STRs has been outpacing that...
