News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

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CSG Forte and Lendica Launch Embedded Lending for Software Vendors
CSG Forte and Lendica Launch Embedded Lending for Software Vendors
January 30, 2024  |  Loans

CSG Forte and Lendica have formed a strategic partnership to allow small and medium-sized businesses (SMBs) to borrow money directly from their software vendors instead...

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Private-Label Card Pressures May Signal Spending Pullback
Private-Label Card Pressures May Signal Spending Pullback
January 30, 2024  |  Consumer Insights

Where there’s smoke, there’s fire, goes the old aphorism. In the credit card space, and within the private-label subset of that industry, the flames are...

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ZeroQs Secures $496,000 to Expand Smart Shopping Cart Tech
ZeroQs Secures $496,000 to Expand Smart Shopping Cart Tech
January 30, 2024  |  Investments

Warsaw-based retail startup ZeroQs has reportedly secured 457,000 euros (about $496,000) in funding from Freya Capital. The firm will use the new funding to further develop its smart...

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Too Good to Go: AI Stops Food Waste From Eating Into Grocers’ Margins
Too Good to Go: AI Stops Food Waste From Eating Into Grocers’ Margins
January 30, 2024  |  Artificial Intelligence

As grocers increasingly turn to artificial intelligence to boost efficiency, Too Good to Go’s new platform aims to improve food management, boosting grocers’ profit margins....

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Walmart Aims to Provide Guiding Light to Wandering Shoppers
Walmart Aims to Provide Guiding Light to Wandering Shoppers
January 30, 2024  |  Retail

Lost in the supermarket? Walmart says it has a solution. Look for the blinking light. The retail giant has begun testing digital labels that — after being activated by...

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Just One-Tenth of Savings Are Stored in Financial Assets
Just One-Tenth of Savings Are Stored in Financial Assets
January 30, 2024  |  Consumer Finance

In times of economic turbulence such as these, investing in interest-bearing financial assets is one way to mitigate the effects of inflation. Although U.S. consumers...

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H&M Refines Retail Strategy, Taking Cues From Retailers for a Localized Edge 
H&M Refines Retail Strategy, Taking Cues From Retailers for a Localized Edge 
January 30, 2024  |  Retail

H&M announced on Friday (Jan. 26) its plan to close down more than 20% of its stores in Spain and lay off up to 588...

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College Ave Launches Mastercard Secured Credit Card for College Students
College Ave Launches Mastercard Secured Credit Card for College Students
January 30, 2024  |  Mastercard

Financial services company College Ave has launched a secured credit card for college students. The new Ambition Mastercard is designed to help students 18 years and older build...

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Delivery Hero Sells $97 Million Stake in Deliveroo
Delivery Hero Sells $97 Million Stake in Deliveroo
January 30, 2024  |  Delivery

Delivery Hero has sold its 4.5% stake in British food ordering platform Deliveroo. The Berlin-based company announced the $97 million sale of its 68 million shares in...

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