News

Retail
Carrefour-PepsiCo Spat Comes as Grocers Step Up Efforts to Manage Inflation
January 09, 2024

As rising food prices alienate grocery customers, merchants are beginning to throw their weight around with major food brands, if the Carrefour-PepsiCo standoff is any indication, though the truth may be murkier. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
AppDirect Raises $100 Million to Fund Investment Program
January 09, 2024

B2B subscription commerce platform AppDirect received $100 million for its investment program. 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...

Payment Methods
4 in 10 Consumers Would Start Using Pay-by-Bank If Perks Were Offered
January 09, 2024

Pay by bank, also known as account-to-account (A2A) payments, is gaining in popularity. 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....

B2B Payments
Only 5% of Mid-Sized Firms Have Fully Automated Accounts Payable, Receivable
January 09, 2024

Accounts payable (AP) and accounts receivable (AR) are two of the areas that typically entail more processing time and involvement of the workforce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Cross-border Payments
Visa and CIBC Collaborate on Sending Remittances to Digital Wallets
January 09, 2024

Visa and CIBC have formed a new collaboration to help the bank’s clients send remittances across borders more conveniently.  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...

Investments
Whispp Raises $820K to Launch AI-Powered Assistive Voice Technology
January 09, 2024

Dutch startup Whispp raised 750,000 euros (about $820,000) in a seed round to launch its artificial intelligence-powered real-time assistive voice technology and calling app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Microsoft/OpenAI Relationship Could Face EU Probe
January 09, 2024

European regulators are reviewing whether Microsoft’s involvement with OpenAI warrants further investigation. 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 completing this form, you...

Retail
Digital Growth Compounds Grocers’ Margin Pressures
January 09, 2024

Consumers’ increasing adoption of grocers’ in-house eCommerce options is eating into the retailers’ margins amid ongoing financial challenges. 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...

Retail
Retail Theft and Shrink Reports Have Investors Seeking Answers
January 09, 2024

Last year saw several retailers report that their profits were being hurt by “shrink.” 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...