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Instacart is reportedly rolling out an app targeting Generation Z consumers, centered around group orders of drinks and party snacks.
This app, Fizz, lets multiple users contribute to a single order, pay for their own purchases and have them delivered together for a flat fee of $5, Bloomberg News reported Tuesday (May 6), citing comments from Daniel Danker, Instacart’s chief product officer.
He...
In the 21st-century enterprise, cybersecurity is no longer just a matter of firewalls and endpoint protection. It’s about the integrity of every line of code that flows through the digital supply chain.
Hundreds of eCommerce sites, at least one of which is owned by a $40 billion multinational company, were impacted by a supply chain attack, Sansec reported Thursday (May 1). Cybersecurity...
Duna, a business identity platform founded by two Stripe veterans, has raised $12.1 million.
The Dutch startup announced the seed funding Tuesday (May 6), noting that it’s happening as Duna works to turn its product into a “shareable business identity” network.
“Identity remains one of the internet’s largest unsolved problems,” Duco van Lanschot, Duna’s founder, said in a news release. “In 1993,...
DoorDash is preparing to acquire New York City-based hospitality tech company SevenRooms.
The company characterized the deal as “a significant expansion of DoorDash’s Commerce Platform capabilities,” according to a Tuesday (May 6) press release.
“We’re enhancing the DoorDash Commerce Platform to help merchants serve their customers across all channels,” Parisa Sadrzadeh, vice president of...
Stabelcoin infrastructure platform BVNK received an investment from Visa.
The new capital comes on the heels of a $50 million Series B funding round in December, according to a Tuesday (May 6) press release provided to PYMNTS. The amount of the investment was not disclosed.
“We’re proud to support BVNK as they help accelerate global adoption of stablecoin payments,” Rubail Birwadker, head of...
Soon after taking office, President Donald Trump floated plans for a strategic bitcoin reserve.
It was part of a larger push by the president, backed by the digital asset sector, to turn the U.S. into the world’s cryptocurrency capital.
However, similar efforts to create bitcoin reserves have begun to flounder on the state level. The latest example comes from Florida, where, per a report Tuesday...
Grubhub and Blue Apron owner Wonder has reportedly raised $600 million in new funding.
The deal brings Wonder nearer to developing what CEO Mark Lore described to Bloomberg News Tuesday (May 6) as a “super app for mealtime.”
The financing also brings the company’s valuation to more than $7 billion, the report added, citing a source familiar with the matter.
Bloomberg describes Lore as a “serial...
The Trump administration is reportedly preparing to re-examine a Biden-era rule governing open banking.
That’s according to a report Monday (May 5) from Bloomberg Law, citing sources who say the Consumer Financial Protection Bureau (CFPB) could rework the rule, which lets customers share deposit account and card info with the likes of Venmo and other FinTechs.
One source said the bureau will...
Retailers and brands in the United States and abroad are bracing for a turbulent back half of 2025.
Tariffs and their escalating impact on everything from sourcing to pricing strategy to consumer behavior are to blame.
“More expensive is where this is headed,” Kristin Savilia, CEO at Joor, a digital wholesale platform connecting over 14,000 brands with 600,000 buyers globally, told PYMNTS CEO...
Brazilian consumers are rapidly adopting mobile devices for retail purchases, outpacing global trends, though pervasive payment friction presents a significant hurdle for merchants, according to the 2025 Global Digital Shopping Index: Brazil edition.
Commissioned by Visa Acceptance Solutions and produced by PYMNTS, the report draws on a survey of 18,468 consumers and 3,464 merchants across eight...