News

Investments
Serve Secures $86 Million to Continue Developing Sidewalk Delivery Robots
January 06, 2025

Autonomous delivery company Serve Robotics said Monday (Jan. 6) that it secured $86 million in new financing in December. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

eCommerce
Rise of Hybrid Marketplaces Bucks Conventional Retail Growth Strategies
January 06, 2025

Digital marketplaces are becoming an important growth channel in retail, as global sales were projected to reach $3.8 trillion last year. To succeed in this environment, brands must adopt the right strategies to leverage these platforms’ unique advantages. One trend is the rise of hybrid...

B2B Payments
Understanding the Supplier’s Role in Driving Virtual Card Acceptance
January 06, 2025

For B2B players, paper checks rank right up there with death and taxes when it comes to life’s certainties. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

eCommerce
Carvana Renews Ties With Ally Financial After Hindenburg Report
January 06, 2025

Carvana has revived a deal to sell $4 billion in used-car loan receivables to Ally Financial. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

B2B Payments
Knowify Integrates Construction Management Platform With Intuit Enterprise Suite
January 06, 2025

Construction management platform Knowify announced its integration with Intuit’s suite of financial products for growing businesses, Intuit Enterprise Suite. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Banking
Regions Bank Taps Axway to Provide Open Banking Services
January 06, 2025

Regions Bank says it has launched a partnership with data integration firm Axway. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Security & Fraud
McAfee Debuts AI-Powered Scam Detector Tool
January 06, 2025

McAfee debuted a tool to combat the rising tide of text, email and video scams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Retail
Retailers Say They’re Drowning Under Post-Holiday Return Surge
January 06, 2025

The surge in online shopping and practices like “bracketing”— ordering multiple sizes or variations with the intent to return unwanted items — has significantly increased return volumes, posing logistical and financial challenges for retailers, according to Hannah Bravo, CEO at Loop Returns. Get the Full...

Security & Fraud
Merchants Beef Up KYB as FinCEN Plays Hardball on Beneficial Ownership Rules
January 06, 2025

The challenge for banks and supply chains of doing business online comes at the point of onboarding — the moment a relationship with an enterprise, particularly a small business, is struck. Get the Full Story Complete the form to unlock this article and enjoy unlimited...