June 25, 2024
CEO Interview: Monos Brick-and-Mortar Stores Drive 40% eCommerce Boost
Monos is growing its brick-and-mortar presence, a move that is not only opening a new sales channel, but also boosting its eCommerce business. In an interview with PYMNTS, Victor Tam,...
June 25, 2024
Finexio Adds Fraud Protection to Accounts Payable-as-a-Service Offerings
Finexio added a new fraud protection solution to its accounts payable (AP)-as-a-service offerings. The new Finexio Shield is designed to secure B2B payments, preventing fraud while also optimizing and delivering...
June 25, 2024
FundPark Gets $250 Million for Chinese Working Capital Projects
Hong Kong-based FinTech FundPark reportedly obtained a $250 million private loan led by HSBC. The loan is the second investment of this type FundPark has received this year, Bloomberg reported...
June 25, 2024
More Retailers Imitate Prime Day as Consumers Demand Discounts
As retailers look to hold their own among bargain-seeking shoppers this summer in the face of competition Amazon’s ever-more-popular Prime Day, Target is the latest to join the deals days...
June 25, 2024
Target Gets a Marketplace and Shopify Merchants Get Distribution
For Target, the most immediate impact adding Shopify sellers to its third-party marketplace may be a lift in its online fortunes. To that end, and as reported this week, Target...
June 25, 2024
What Small Businesses Need to Know About Fighting First-Party Fraud
The opportunities have never been greater, and the challenges more challenging, for America’s small businesses. And with the news that small and-medium-sized businesses (SMBs) could be facing up to a...
June 25, 2024
DoorDash Teams With Forage to Expand SNAP/EBT Acceptance
DoorDash has teamed with Forage to expand SNAP/EBT acceptance on its delivery platform. DoorDash began supporting Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payments in 2023, with more than 1.1 million...
June 25, 2024
New AI Model Decodes Human Emotions in Real Time, Shapes...
Finnish researchers have developed an AI model to interpret human emotions in real time. “Humans naturally interpret and react to each other’s emotions, a capability that machines fundamentally lack,” Jussi...
June 24, 2024
Shopify Pilots AI Assistant for Merchants
Shopify is offering merchants early access to a commerce-focused artificial intelligence assistant. The AI assistant, dubbed Sidekick, is one of more than 150 updates Shopify has added to its integrated...
The U.S., U.K. and Europe are intensifying their efforts to develop and deploy the policies and infrastructure necessary to advance the use cases and real time payments volume of their domestic networks. This month’s “Real-Time Payments World Map,” a collaboration with The Clearing House, explores the progress and future developments of real-time payments across these regions.
Nearly half of consumers in Mexico shop in-store without using digital shopping features — but merchants hear their customers’ cries for a better experience and are planning to add many. PYMNTS Intelligence’s latest 33-page report, the “2024 Global Digital Shopping Index: Mexico Edition,” commissioned by Visa Acceptance Solutions, features eight charts that provide a blueprint for merchants in Mexico to increase customer satisfaction and drive revenue.