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Grubhub added CVS Pharmacy to its marketplace.
With this addition, the online mobile food ordering and delivery platform now offers thousands of convenience items from more than 6,000 CVS locations across 48 states, Grubhub said in a Thursday (Feb. 22) press release.
“We’re proud to further establish our convenience offering with CVS Pharmacy — a beloved household name — and give customers more...
According to the U.S. Commerce Department, retail sales dropped in January by a seasonally adjusted 0.8%.
Conventional wisdom suggests a post-holiday season decline in sales would be anticipated; however, The Wall Street Journal reports the drop was larger than the 0.6% decline economists were expecting.
As a result, according to the Journal, some fear the numbers might signal some bumpy...
For the merchants doing business online, serving consumers and even buying goods and services from one another, working capital is a lifeline. Working capital provides the ready cash needed to buy inventory, pay staff and take advantage of growth opportunities.
A number of eCommerce platforms have made the leap into providing capital to those businesses — a form of embedded finance — along with,...
Flexport has launched a technology platform that provides global shippers with access to a trucking capacity marketplace of small carriers and owner-operators.
The new Convoy Platform is designed to offer shippers and brokers near real-time visibility, exceptional on-time performance and competitive rates, allowing them to efficiently manage their capacity needs, the global logistics technology...
Payment technology provider Numeral has launched support for Swift payments.
This move enables Numeral’s customers to benefit from both Swift’s global reach and local payment schemes’ speed, lower cost and local reach, the company said in a Thursday (Feb. 22) press release.
With Numeral’s addition of Swift, companies and financial institutions can automate cross-border payments with their partner...
Singapore’s Grab reported its first-ever quarterly profit on Thursday (Feb. 22). This, despite a cautious outlook for annual sales as its ridesharing and food delivery operations in the “fertile” Southeast Asia market continue to recover from the effects of the COVID-19 pandemic.
“Our mobility business, which was severely impacted by the pandemic, exceeded pre-COVID levels as we exited 2023,”...
Google is shutting down its standalone Google Pay app to simplify its digital wallet offering.
Beginning June 4, the U.S. version of the standalone Google Pay app will no longer be available, the company announced in a Thursday (Feb. 22) blog post.
“You can continue to access the most popular features — tapping to pay in stores and managing payment methods — right from Google Wallet, which is...
Delivery Hero has ended discussions to sell its foodpanda business in Southeast Asia.
The Berlin-based food delivery platform announced Wednesday (Feb. 21) that it had terminated negotiation for the deal, which would have covered Singapore, Malaysia, the Philippines, Thailand, Cambodia, Myanmar and Laos.
According to an announcement on the company website, Delivery Hero had earlier this month...
India’s banking regulator has made some high-profile enforcement moves in recent weeks.
Last month, the Reserve Bank of India (RBI) ordered Paytm Payments Bank to halt its businesses after an audit uncovered “persistent non-compliances and continued material supervisory concerns.”
More recently, the RBI has directed Visa and Mastercard to suspend domestic transactions for business payment...
For all its technological complexity, artificial intelligence (AI) rests on one very simple foundation: data.
And it’s here that Databricks has put a stake in the ground, claiming 50% of the Fortune 500 as customers since its founding in 2013. As global head of financial services Junta Nakai told PYMNTS, educating those clients — and prospects — is top priority.
“Especially in financial services...