Vroom Delivery has integrated Instacart’s retail media solution, Carrot Ads, into its eCommerce platform for convenience stores.
This integration will enable the 3,500 convenience stores using the Vroom Delivery platform to tap into advertising demand for brands, the companies said in a Thursday (Sept. 11) press release.
It will also allow the 7,500 brand advertisers participating in...
Inflation’s pace quickened in August, and in the key category of food — and specifically grocery prices — the pinch on the household budget has been palpable.
Data released on Thursday (Sept. 11) showed that in August, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% on a seasonally adjusted basis, following a 0.2% increase in July.
The Bureau of Labor Statistics...
Oracle Health introduced tools aimed at easing administrative healthcare burdens and costs.
The company’s new artificial intelligence-powered offerings are designed to simplify and lower the cost of processes such as prior authorizations, medical coding, claims processing and determining eligibility, according to a Thursday (Sept. 11) press release.
“Oracle Health is working to solve...
Specialist payments orchestration platform Paytently launched an open banking partnership with Mastercard.
Paytently Open Banking is an account-to-account payment option powered by Mastercard Open Finance, the company said in a news release Thursday (Sept. 11).
Customers who use the option at checkout can pay directly from their bank, helping merchants increase conversion rates and...
FinTech challengers and challenger banks are called such because it encompasses what they represent: a challenge to the offerings of the traditional banking sector, particularly smaller and regional lenders and credit unions (CUs).
Over the past decade, these firms have rattled the traditional lending establishment and leveled up the competitive field, setting off an innovation arms...
Visa and African digital payments network Onafriq partnered to launch the payments-as-a-service platform Visa Pay in the Democratic Republic of Congo (DRC).
The partnership will give consumers in the DRC access to digital and eCommerce payments by enabling them to fund their Visa Pay wallets directly from mobile money channels, the companies said in a Thursday (Sept. 11) press release...
A trio of Asia-based payment providers have teamed to help bolster cross-border digital wallet transactions.
The Digital Wallet Guardian Partnership, announced Thursday (Sept. 11), comes as digital wallets grow in popularity with consumers in Asia and around the globe.
With this partnership, tech giant Ant International will join forces with e-wallet companies AlipayHK from Hong Kong...
More Americans filed for unemployment last week than in any week since 2021, the Department of Labor said in a Thursday (Sept. 11) press release.
There were 263,000 initial claims during the week ended Friday (Sept. 6), a figure that was 27,000 higher than the 236,000 reported the previous week and the highest since the 268,000 recorded on Oct. 23, 2021, according to the release.
The...
Blockchain-based lender Figure Technology Solutions has increased the pricing of its initial public offering (IPO) to $25 per share.
That new figure, announced late Wednesday (Sept 10), is above an earlier pricing of $20 to $22 per share. The company sold 31.5 million shares, raising $787 million and giving it a valuation of $5.3 billion.
Founded in 2018, Figure initially offered home...
Artificial intelligence (AI) search startup Perplexity AI has reportedly secured $200 million in new funding.
The new funding values the company at $20 billion, according to multiple media accounts late Wednesday (Sept 10). The company’s financing was initially reported by The Information, which cited sources familiar with the matter.
That report noted that Perplexity has raised funds...