Новости за 02.08.2021

In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as recovery rolls on and the next iteration of normal rolls out. In this excerpt, Mahmoud Abdelkader, CEO of Very Good Security, explores how the “Zero Data approach” can […]

The global online grocery space continues to get more crowded. Not only do new e-grocery companies enter the ring each month, but existing companies from other industries have been making their own entries into the space. Bolt (the Estonia-based multinational mobility platform, not the San Francisco-based retail checkout technology startup) announced on Monday (August 2) […]

The first thing you notice about the deal might be the size: $29 billion is an eye-popping number. Buy now, pay later (BNPL) has its promise, of course, but it also has its price tag. Firms pay up for growth, and within payments, growth lies, visibly, in hockey stick arcs, with BNPL. We’re talking, of […]

Acima, the virtual lease-to-own (LTO) FinTech arm of Rent-A-Center, Inc., on Monday (Aug. 2) rolled out a digital platform focused on improving the retail leasing experience. The digital initiative includes a new Acima mobile application, an Acima Marketplace online shopping platform and the Acima browser extension. Acima’s LeasePay Card, which was unveiled in April 2021, […]

Carter’s benefits briefly from the child tax credit. Plus, AI could answer the labor shortage problem, and we dive into the latest news from Amazon and Walmart. Data: 90%: Portion of Americans who live within 10 miles of a Walmart location. 25%: Anticipated share of luxury retail purchases expected to be online by 2025. 100: […]

As of today, L Brands is no more. Nearly 60 years after businessman Les Wexner borrowed $10,000 to open The Limited’s first location in Ohio, the company’s two remaining brands — Victoria’s Secret and Bath & Body Works — are charting their own paths as independent public companies. The split comes after years of floundering […]

The past several weeks have seen one glowing earnings report after another for retailers and eCommerce companies. In toys, Mattel and Hasbro both saw strong sales between April and June, and shoemakers Skechers and Crocs said they’ve seen increased demand for their products as consumers emerge from their homes. It’s not all sunshine, though. Procter […]

In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as recovery rolls on and the next iteration of normal rolls out. In this excerpt, Craig O’Neill, CEO of Versapay, explores how the pandemic pushed consumers into a digital […]

Athletic footwear and apparel retailer Foot Locker is planning to acquire two smaller footwear retailers for a combined $1.1 billion as the company looks to grow beyond malls and accelerate its digital strategy. The New York-based company plans to purchase Japanese sneaker and streetwear retailer Atmos for $360 million, which will expand Foot Locker’s global […]

Bed Bath & Beyond Inc. on Monday (Aug. 2) announced an exclusive retail partnership with home cleaning product company Safely that brings the product line into 750 Bed Bath & Beyond stores across the U.S., as well as buybuy BABY and Harmon locations and all three retailers’ websites. Safely was founded by a group including […]

HubEngage and Tango Card announced Monday (Aug. 2) they are teaming up to provide present and future clients of both firms with access to a bolstered staffer communications platform coupled with automated fulfillment of a sizable gift card catalog, according to a press release emailed to PYMNTS. HubEngage focuses on helping employers communicate with staff […]

In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as recovery rolls on and the next iteration of normal rolls out. In this excerpt, Greg Bloh, CEO of Transcard, talks about how embedded payment solutions can help businesses […]

In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as recovery rolls on and the next iteration of normal rolls out. In this excerpt, Ran Grushkowsky, COO/CTO of USEND, discusses how the pandemic has sparked an increased interest […]

With PYMNTS’ new U.S. Open Banking Tracker showing 40 percent of consumers saying they’re increasingly concerned about what happens with their personal information, it’s no surprise that bankers like Comerica’s Megan Crespi say that engagement and loyalty won’t grow until these concerns are addressed.

Mercury, which helps install banking for startups, has raised $120 million in a funding round, according to a company blog post, and has set aside $5 million to let users in the round as well. Customers can join the round on Wefunder, a crowdfunding platform, and then commit to a check size they are comfortable […]

India’s United Payments Interface (UPI), which is the flagship payments platform for the National Payments Corporation of India (NPCI), processed 3.24 billion transactions in July, a record, as digital payments rose, Business Standard reported. That’s a boost of 15.7 percent from June, in which the UPI processed 2.8 billion transactions, according to the report. The […]

The race to control the buy now, pay later (BNPL) race has taken its latest surprise turn as FinTech giant Square has announced plans to buy Australian BNPL firm Afterpay in an all-stock deal worth about $29 billion, according to a press release. “Square and Afterpay have a shared purpose,” said Square Co-Founder and CEO […]

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said the rise of the more contagious Delta variant of COVID-19 might hinder the U.S.’s economic recovery as people might stop looking for work because of it, Bloomberg reported. Kashkari, while previously going on record as optimistic, said fears of the Delta variant “could slow […]

DoNotPay’s company description is that of a “robot lawyer” trying to “beat bureaucracy,” and the company just more than doubled its valuation to approximately $210 million after a round of investments, Bloomberg reported. DoNotPay, founded in 2015, offers automated letters to help secure free bank refunds, canceling subscriptions and suing telemarketers, according to Bloomberg. CEO […]