Loop

Loop Debuts Tool to ‘Offset’ the Cost of Returns
Loop Debuts Tool to ‘Offset’ the Cost of Returns
September 25, 2024  |  Retail

Loop has debuted a solution to help merchants offset the cost of returns and reverse logistics. Dubbed “Offset,” the solution lets brands offer their customers the...

READ MORE >
Loop Raises $4.7 Million for Small Business Money Movement Service
Loop Raises $4.7 Million for Small Business Money Movement Service
September 17, 2024  |  Investments

Loop raised $6.4 million CAD ($4.7 million) to expand its financial management platform for small businesses. The funding comes on top of a $4 million...

READ MORE >
Businesses Can Navigate Returns Fraud Without Alienating Consumers, Loop CEO Says
Businesses Can Navigate Returns Fraud Without Alienating Consumers, Loop CEO Says
August 23, 2024  |  Security & Fraud

Returns fraud and policy abuse have surged to unprecedented levels, with U.S. merchants losing an estimated $101 billion in 2023 due to these issues. In...

READ MORE >
Loop and ReBound Team for Simplified Retail Returns
Loop and ReBound Team for Simplified Retail Returns
July 16, 2024  |  Retail

Returns technology providers Loop and ReBound say they are joining forces. The collaboration, announced Tuesday (July 16), lets retailers using the Loop platform access ReBound’s...

READ MORE >
Retailers Crack Down on ‘Serial Returners’
Retailers Crack Down on ‘Serial Returners’
June 26, 2024  |  eCommerce

As retailers grapple with the trillion-dollar returns problem, more merchants are beginning to penalize consumers for sending back items. Take Boozt, a Nordic digital department...

READ MORE >
Traditional Banks Must Innovate Their B2B Solutions to Stay Competitive
Traditional Banks Must Innovate Their B2B Solutions to Stay Competitive
June 21, 2024  |  B2B Payments

Both the banking and business landscape are being reshaped by next-generation behavioral expectations. In order to meet these emerging end-user expectations, which tend to center...

READ MORE >
JPMorgan Payments and Loop Team to Monetize Freight Payments
JPMorgan Payments and Loop Team to Monetize Freight Payments
June 18, 2024  |  Partnerships

J.P. Morgan Payments has launched a partnership with audit/payment platform Loop. The collaboration announced Tuesday (June 18), is designed to “boost working capital with freight payments,” the...

READ MORE >
Retailers’ Online Shoppers Demand Easy Returns
Retailers’ Online Shoppers Demand Easy Returns
April 01, 2024  |  eCommerce

When consumers choose which retailers to shop with online, the returns process is top of mind. By the Numbers The PYMNTS Intelligence report “The Online...

READ MORE >
Mastercard and Loop Partner on Credit Cards, Payments in Saudi Arabia
Mastercard and Loop Partner on Credit Cards, Payments in Saudi Arabia
March 01, 2024  |  Partnerships

Mastercard partnered with Loop, a digital payments technology company licensed by the Saudi Central Bank, to launch credit card and payment solutions in Saudi Arabia. Loop will use...

READ MORE >