May 11, 2023
Everseen Raises $71 Million to Battle Retail Theft With AI
Artificial intelligence (AI) platform Everseen has raised $71 million to help retailers prevent theft. The Irish company, whose computer vision technology can block theft at self-checkout stations, announced the Series...
May 10, 2023
Consumers Pare Spending on Grocery and Retail Even as Inflation...
Inflation is slowing, but April’s data showed the damage has been done to consumers’ wallets. The Bureau of Labor Statistics found that the Consumer Price Index was up 0.4% in...
May 10, 2023
J.P. Morgan Payments’ Georgakopoulos: Internet of Things and Embedded Finance...
No one wakes up, grabs their phone and declares, I’m going to go omnichannel shopping today. But here we are, three years after the pandemic took root, navigating online and...
May 09, 2023
Oura Acquires Proxy to Expand Into Payments and Authentication
Oura has acquired Proxy in a bid to expand into payments and authentication. The acquisition adds Proxy’s digital identity signal platform to Oura’s lineup of smart rings that deliver health...
May 09, 2023
Small Businesses Turn to Cards and Digital Banks as Traditional...
Inflation, consumer cutbacks, and limited access to capital are all hindering small and medium businesses (SMBs), which are turning to digital tools to close gaps and firm up operations. While...
May 09, 2023
Delivery Versus Pickup Preference Comes Down to Money
Consumers face the choice between the effort to pick up and paying for bring-it-to-me convenience when buying goods. PYMNTS researched three categories — retail, restaurant meals and groceries — and...
May 09, 2023
Aeropay Teams With KindTap on Cashless Cannabis Checkout
Cannabis firms Aeropay and KindTap have teamed to offer digital credit at checkout. The partnership, announced Tuesday (May 9), marries Aeropay’s digital payment capabilities with KindTap’s consumer credit solution. “In...
May 05, 2023
Hy-Vee Launches Subscriptions as Grocers Rethink Pricing
This week in grocery, Hy-Vee taps subscription commerce, Sprouts launches a retail media network, and Giant Eagle aims to hold its own against competition from discount grocers. Midwestern supermarket chain...
May 05, 2023
How Amazon and Walmart Want to Shape the Future of...
Long gone are the days when Walmart and Amazon just sold 5-cent items and books. Each brand has branched into numerous categories, each serving as a type of battleground. For...
