PYMNTS News

Lowe’s and Petco Expand Store-in-Store Program Twentyfold After Initial Pilot
Lowe’s and Petco Expand Store-in-Store Program Twentyfold After Initial Pilot
July 31, 2023  |  Partnerships

Lowe’s and Petco have expanded their store-in-store pilot program from 15 Lowe’s locations to more than 300. The move aims to serve the 70% of U.S. households — 90.5 million...

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Codoxo Introduces AI Tool to Automate Healthcare Claim Audits
Codoxo Introduces AI Tool to Automate Healthcare Claim Audits
July 31, 2023  |  Artificial Intelligence

Health-focused artificial intelligence (AI) company Codoxo has debuted a new tool to automate claim audits. In releasing its ClaimPilot product, the company can address the “most dire need” facing...

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Amazon Doubling Same-Day Delivery to Address Need for Speed
Amazon Doubling Same-Day Delivery to Address Need for Speed
July 31, 2023  |  eCommerce

Amazon will double its same-day delivery centers to hold onto its eCommerce dominance. That expansion will happen “in the coming years,” Doug Herrington, CEO of Worldwide Amazon...

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SoFi Deposits Grow 26% Year Over Year to $12.7 Billion
SoFi Deposits Grow 26% Year Over Year to $12.7 Billion
July 31, 2023  |  Earnings

SoFi’s earnings results showed a growing embrace of the company’s platform approach that brings savings, lending and spending together in a continuum of financial activity. Earnings presentation materials and...

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Keeping the Baby While Losing the Bathwater: AI’s Efficiencies and Concerns Collide
Keeping the Baby While Losing the Bathwater: AI’s Efficiencies and Concerns Collide
July 31, 2023  |  artificial intelligence

The generative artificial intelligence (AI) revolution is already generating efficiencies across industries. But the rapid advance of the groundbreaking technology has also sparked concern from...

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Bluevine Launches Accounts Payable Offering for Small Business Owners
Bluevine Launches Accounts Payable Offering for Small Business Owners
July 31, 2023  |  Accounts Payable

Bluevine has launched an accounts payable (AP) offering for small businesses. Built to simplify payments management from within Bluevine Business Checking accounts, this solution gives small business owners access to...

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Walmart Debuts ‘Sequel’ to Refurbished Merchandise Program
Walmart Debuts ‘Sequel’ to Refurbished Merchandise Program
July 31, 2023  |  Retail

Walmart has unveiled an updated version of its refurbished product program, aimed at both consumers and sellers. Announced Monday (July 31), Walmart Restored Premium follows last year’s...

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Etsy Sellers Organize Boycott Over Marketplace’s Withholding of Funds
Etsy Sellers Organize Boycott Over Marketplace’s Withholding of Funds
July 31, 2023  |  Retail

Hundreds of Etsy sellers are reportedly organizing a boycott after the online marketplace withheld merchants’ money. This effort comes after the firm told hundreds of sellers that...

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As Hybrid Work Impacts Urban Retail, London Looks to Offer Rent-Free Shops
As Hybrid Work Impacts Urban Retail, London Looks to Offer Rent-Free Shops
July 31, 2023  |  Retail

During the pandemic, many fled the city to live the suburban life. Today, urban commercial real estate companies are struggling to fill their spaces with...

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