Philadelphia, Pennsylvania-based delivery startup Gopuff has cut hundreds of workers as part of an earlier round of layoffs over the summer. Bloomberg News reported on the about 250 job cuts Wednesday (Oct. 19), citing sources familiar with the matter. Some employees told Bloomberg the cuts...
The U.K.-based payments service provider Checkout.com on Wednesday (Oct. 19) announced the launch of a new anti-fraud tool, Fraud Detection Pro. As PYMNTS reported Tuesday (Oct. 18), online fraud is down in the U.K. after surging in 2021. See more: UK Sees 13% YoY Drop In...
The Cairo-based B2B eCommerce and distribution business MaxAB on Wednesday (Oct. 19) announced the close of a $40m pre-series B funding round to fuel its expansion across the Middle East, North Africa and Pakistan (MENAP) region. The round included new investors Silver Lake, British International...
Noting that paying is only one part of the shopping experience, payments options provider Klarna has added five new shopping-oriented features to the Klarna App and website. The new additions for shoppers include a price comparison tool, shoppable video content, a donation feature and an...
Uber Eats may be able to succeed in the quick commerce space where ultrafast grocery startups failed. The aggregator announced Tuesday (Oc. 18) its first such initiative in the United Kingdom under the name Uber Eats Market, in partnership with British supermarket chain Iceland Foods....
Cloud applications and infrastructure provider Oracle has announced that J.P. Morgan and FedEx are among the first service providers that will participate in the new Oracle B2B Commerce offering, which includes services that will integrate and automate end-to-end B2B transactions. Oracle B2B Commerce directly connects...
Specialized payments platform Paysafe and cloud-based software solution provider HotelKey have partnered to enable frictionless payments for U.S. hotels across both their retail touchpoints and their back-of-house operations. This collaboration will streamline in-person, card-present and card-not-present transactions across all of a hotel’s retail sales channels,...
Two months after announcing a plan to pull out of the Netherlands, United Kingdom-based food delivery aggregator Deliveroo has made it official. “Following consultation with employees and riders, Deliveroo has determined that achieving and sustaining a top-tier market position in the Netherlands would require a...
In the fast and frictionless checkout game, buy buttons have taken a circuitous route since first appearing on Amazon in 1995. But 27 years later, with the concept all grown up and accessible in more places than ever, retail’s embrace of the rapid checkout solutions...
