News

Delivery
Gen Z 4x More Likely to Use Food Delivery Services Than Boomers
April 19, 2023

Restaurant aggregators’ audiences are skewed toward younger consumers by a wide margin, PYMNTS data reveals. By the Numbers Research from PYMNTS’ new exclusive report “Connected Dining: Third-Party Restaurant Aggregators Keep the Young and Affluent Engaged,” which draws from a survey of narly 2,300 United States...

Security & Fraud
NICE Actimize Adds AI-Based Suspicious Activity Monitoring to AML Solutions
April 19, 2023

NICE Actimize has added Suspicious Activity Monitoring (SAM-10) to its Anti-Money Laundering (AML) solutions. The new SAM-10 features artificial intelligence (AI)-based AML transaction monitoring and multilayered analytics to detect more suspicious activity, reduce false positives and complement the company’s other AML solutions for financial institutions,...

Retail
Getir Joins Ultrafast Grocers Taking a Hit Amid Economic Challenges
April 19, 2023

Even the largest ultrafast grocers are taking a hit as economic challenges rack the industry. Now, even Turkey-based multibillion-dollar quick-commerce firm Getir, which seemed to have largely escaped the challenges that other players in the space have faced, has been dealt a major blow. On...

Retail
Toshiba Debuts ‘Mission Control’ for Retail Intelligence
April 19, 2023

Toshiba Global Commerce Solutions has opened a new center to provider retailers with enhanced intelligence. The company on Wednesday (April 19) announced the launch of its Global Services Command Center at its headquarters in Durham, North Carolina. “The ‘mission control’ site for the company’s Proactive...

B2B Payments
Airbase Adds Guided Procurement to Spend Management Platform
April 19, 2023

Airbase has added Guided Procurement to its spend management platform. The new procurement function automates the intake process for purchasing by directing employees to capture all necessary information and documentation, routing the purchase details to appropriate stakeholders and securing the required approvals, Airbase said in...

Banking
Europe’s Neobank Struggles Offer Fertile Ground for Traditional FIs to Gain Share
April 19, 2023

The neobanks promised to shake up the world. Especially in Europe. It hasn’t quite worked out that way. As the first quarter of 2023 is firmly in the rearview mirror, as open banking becomes ever-more firmly entrenched within the fabric of everyday financial life in...

Mobile Payments
Square Debuts Android Tap to Pay for Merchants
April 19, 2023

Square is giving merchants an easier way to make contactless payments. The commerce solutions provider has begun offering Tap to Pay on Android for sellers in the U.S., U.K., Australia, Ireland, France and Spain, letting them accept contactless payments with a compatible Android device, according...

Retail
Fashion Retailers Embrace Beauty for Connected Shopping Experience
April 19, 2023

From Stella McCartney launching sustainable beauty to Dries Van Noten and Off-White expanding into makeup or skincare, apparel retailers have increasingly made strategic efforts into the beauty industry, seeing it as a promising avenue for growth. H&M is the most recent apparel retailer to venture...

Retail
Zalando to Add ChatGPT-Powered Fashion Assistant to Online Platform
April 19, 2023

Zalando will add a ChatGPT-powered fashion assistant to its online platform for fashion and lifestyle. The fashion assistant’s generative artificial intelligence (AI) capabilities will enable it to help customers find and select items based on questions they ask using their own words or fashion terms,...