Search results for "logistics"

March 20, 2024
Mi Mercado Es Su Mercado: The Flawed Competition Analysis of...

By: Mario Zuñiga & Geoffrey Manne (Truth On The Market) Mexico’s Federal Economic Competition Commission (COFECE) has released its preliminary report after investigating competition in the retail electronic-commerce market, focusing...


March 19, 2024
Accenture Acquires Flo to Speed Digital Supply Chain Transformation

Professional services firm Accenture has acquired supply chain logistics specialist Flo. The deal, announced Tuesday (March 19), will move Flo’s 280 employees to the Accenture Oracle Business Group, strengthening its ability to help...


March 19, 2024
Tax Compliance Process Changes With Electronic Invoicing

Steve Sprague, chief strategy and product officer at Sovos, told PYMNTS in a recent interview that tax compliance is changing — from an intermittent activity to a continuous one. In...


March 18, 2024
FedEx and Amazon Explored Partnership in eCommerce Returns Last Year

FedEx and Amazon reportedly engaged in discussions last year about a potential partnership to handle the increasing volume of eCommerce returns. Although no deal was reached, the talks underscore the shifting dynamics in...


March 15, 2024
Mercado Libre Investing $2.5 Billion to Bolster Growth in Mexico

Latin American eCommerce and payments firm Mercado Libre is reportedly set to invest a record $2.5 billion in Mexico this year, up from the $1.6 billion spent in 2023. The...


March 15, 2024
Report: An Uncertain Economy Weighs on Embedded Finance Innovation for...

Logistics and wholesale trade businesses exhibit robust demand for embedded finance innovations. For example, most payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces are very or extremely interested in...


March 14, 2024
Walmart Aims to Sell AI Truck Routing Tools to Other...

Walmart hopes to sell its AI-powered truck routing software to other companies. Walmart has been using its Route Optimization tool — which uses artificial intelligence (AI) to plot more efficient routes for its...


March 13, 2024
5 Trends These AI Experts Think Could Change Payments and...

For businesses at the forefront of their industries, artificial intelligence (AI) has become unavoidable.  An unavoidable certainty, that is.  That’s why, for the past five months, PYMNTS has been sitting down...


March 12, 2024
Exploring 6G’s Role in Building a Connected and Intelligent Business...

At the intersection of technical innovation and underlying infrastructure lies the potential for ignition. But for any innovative sparks to catch fire, there needs to be a winning use case...


B2B Payments: COVID-19 Impact
Rewriting The Future Of Supply Chain Success The B2B Payments: COVID-19 Impact Report, a collaboration between PYMNTS and American Express, highlights how businesses are redesigning their service models to keep afloat during the pandemic and adjust for the post-pandemic future as well as how payments providers can support these transitions.  
Accounts Payable Automation: Transportation Companies Innovate To Drive Growth
Transportation Firms to Prioritize Payments Speed and Visibility in 2023   AP Automation: Transportation Companies Innovate To Drive Growth,” a collaboration with Routable, finds that transportation and logistics companies struggle with invoice approvals and lack of payment transparency when paying vendors, a friction further complicated by the growing volume of payments — making automating payments the top priority for 41% of surveyed firms.