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Alipay Launches ‘Consumer Friendly Zones’ in China
Alipay Launches ‘Consumer Friendly Zones’ in China
April 08, 2024  |  Retail

Alipay has launched a series of “International Consumer Friendly Zones” in China. The company’s owner, owned by China’s Ant Group, announced Monday (April 8) it...

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JPMorgan Chase Prepares for CEO Transition in ‘Medium-Term,’ Names Candidates
JPMorgan Chase Prepares for CEO Transition in ‘Medium-Term,’ Names Candidates
April 08, 2024  |  Personnel

J.P. Morgan Chase’s board said Monday (April 8) that planning for an orderly CEO transition in the medium term is one of its top priorities....

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Vroom Delivery and Finix Team on Convenience Store Payments
Vroom Delivery and Finix Team on Convenience Store Payments
April 08, 2024  |  Retail

Convenience store commerce platform Vroom Delivery has launched a partnership with payment processor Finix. The collaboration, announced Monday (April 8), is centered around the creation of a new tool called...

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Uber Eats Marks Milestone of 1 Million Merchants
Uber Eats Marks Milestone of 1 Million Merchants
April 08, 2024  |  Delivery

Uber Eats now has 1 million merchants around the world on its platform. These partners include restaurants, grocers and convenience stores ranging from small businesses...

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Kyriba and JPMorgan’s Onyx Collaborate on Blockchain-Based X-Border Payments
Kyriba and JPMorgan’s Onyx Collaborate on Blockchain-Based X-Border Payments
April 08, 2024  |  Partnerships

Kyriba and J.P. Morgan’s blockchain business unit, Onyx, are collaborating to streamline cross-border payments. Kyriba, a provider of liquidity performance solutions, will use Onyx’s digital currency and blockchain...

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Ibotta Seeks $472 Million in IPO as Consumers Seek Personalized Rewards
Ibotta Seeks $472 Million in IPO as Consumers Seek Personalized Rewards
April 08, 2024  |  IPO

Cash-back rewards platform Ibotta hopes to raise $472 million when it goes public. The company on Monday (April 8) filed paperwork with the Securities and Exchange Commission (SEC), saying...

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Australia Targets ‘Heavy Imbalance’ in Supermarket Sector
Australia Targets ‘Heavy Imbalance’ in Supermarket Sector
April 08, 2024  |  Retail

Australia is reportedly stepping up efforts to regulate its supermarket sector. A new government study, the subject of a Monday (April 8) report by The...

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Bank of America’s Virtual Assistant Reaches 2 Million Interactions Per Day
Bank of America’s Virtual Assistant Reaches 2 Million Interactions Per Day
April 08, 2024  |  Artificial Intelligence

Bank of America’s virtual financial assistant, Erica, is now engaging with clients 2 million times per day. Clients’ use of the virtual assistant has accelerated since...

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Alibaba Offers Deep Cloud Discounts Amid AI Boom
Alibaba Offers Deep Cloud Discounts Amid AI Boom
April 08, 2024  |  Technology

Chinese conglomerate Alibaba is reportedly offering steep price cuts to its cloud customers. These markdowns — as high as 59% and aimed at customers from the U.S. to Singapore...

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