News

Payment Methods
Boodil Launches Pay by Portal to Reduce Credit Card Fees
May 02, 2023

Boodil has launched a Pay by Portal solution to allow businesses to take account-to-account payments. This new solution enables merchants to send out payment links via SMS, email or QR code; collect payments from customers via an open banking payment method; and reduce credit card...

Ridesharing
Uber One Members Drive 27% of Mobility Platform’s Gross Bookings
May 02, 2023

Uber’s latest quarterly earnings results showed a continued rebound in ride-hailing, and the company’s membership program, Uber One, continued to show evidence that the “cross-selling” opportunity offered by the mobility giant continues to gain fruit. The company said in its earnings and supplemental materials that...

Retail
1-800-FLOWERS.COM Buys SmartGift to Expand Gifting Capabilities
May 02, 2023

1-800-FLOWERS.COM has acquired SmartGift to expand its consumer and corporate gifting capabilities. The acquisition will add the functionality of SmartGift’s intelligent gifting platform to 1-800-FLOWERS.COM’s family of brands focused on providing gifts, the companies said on Tuesday (May 2).  “With the addition of SmartGift, Inc. to the 1-800-FLOWERS.COM, Inc. portfolio,...

Retail
David’s Bridal Offers Membership Perks as Store Closures Loom
May 02, 2023

David’s Bridal has debuted a new membership perk as it tries to remain afloat. Throughout May — to coincide with Small Business Month — customers who are Diamond members at the specialty retailer will receive gift cards for women-owned small businesses, the company announced in...

Retail
How D2C Brands Like Warby Parker Are Making Physical Stores Work
May 02, 2023

As shoppers resume their in-store experiences, brands and retailers are reassessing their selling strategies.  Retailers are seeking to enhance their interactive displays to entice more consumers, while brands are striving to establish an in-store presence to boost sales and attract fresh customers. These customers prefer...

Retail
Skims Taps Saks to Launch Shop-in-Shop Experience for Customers 
May 02, 2023

Skims, a brand created by Kim Kardashian that specializes in underwear, loungewear and shapewear, has expanded its retail reach through a partnership with luxury department store Saks Fifth Avenue to better meet consumer demand.   Skims has partnered with Willo Perron of Perron-Roettinger to create...

Payment Methods
Fiserv Offers Software Firms Text-Based Payment Option
May 02, 2023

Fiserv is letting software firms access the world of text-based payments. The payments and financial services company announced the offering for independent software vendors (ISVs) and software companies in a news release provided to PYMNTS Tuesday (May 2). It is available through an integration between...

Retail
Tuesday Morning Shuts Doors Amid Retail Bankruptcies
May 02, 2023

After declaring bankruptcy twice in as many years, discount retailer Tuesday Morning is folding. “Starting today, we have begun the process of closing all our stores,” the company said in a weekend Facebook post. “Our Going Out of Business Sale is in stores now, with...

B2B Payments
Paymentus and Oracle Add Billing and Payments Tools for Utilities
May 02, 2023

Paymentus Holdings and Oracle are offering new billing and payments tools for energy and water sector utilities. The companies have fully validated the integration of the Paymentus Instant Payment Network (IPN) and electronic bill presentment and payment platform (EBPP) within the Oracle Energy and Water...