Encyclopaedia Britannica Inc. is reportedly aiming for a valuation of about $1 billion in its previously announced initial public offering (IPO). The education technology company and publisher may launch its IPO as early as June, Bloomberg reported Monday (March 18), citing unnamed sources. The company is working with...
Biometric technologies have garnered increasing attention and adoption in recent years, transforming the authentication and digital identification landscape across various industries. From fingerprint scans to facial recognition and iris scanning to pay-by-hand, unique biometric identifiers offer a reliable and secure means of verifying identity, resulting in a more robust form...
For years, the working relationship between Amazon and FedEx has been a little unpredictable. Once, the two corporate behemoths enjoyed a symbiotic partnership, but in 2019, they drifted apart, eventually cutting ties altogether in what one Amazon executive labeled a “conscious uncoupling at its finest.” ...
As DoorDash aims to shift its focus from just restaurant delivery to on-demand fulfillment overall, the aggregator is expanding its beauty selection to drive adoption of its non-consumable offerings. In an interview with PYMNTS, Fuad Hannon, the aggregator’s senior manager of new verticals, noted that the...
FashionGo has launched a net terms solution for buyers on its online B2B wholesale marketplace for the fashion industry. The new Dynamic Net Terms solution is tailored to meet the needs of wholesale buyers — a segment that is traditionally underserved — and offers dynamic net terms and...
With many consumers accustomed to the convenience of eCommerce, a significant portion of retail shoppers are engaging exclusively via digital channels, PYMNTS Intelligence finds. By the Numbers The report “Consumer Interest in an Everyday App,” a PYMNTS Intelligence and PayPal collaboration, draws from a survey of more...
For financial institutions and stakeholders, the twin threats of business email compromise (BEC) and credit-push fraud demand more monitoring — and advanced technologies to do so. Nacha introduced new rules Monday (March 18) that create a “base level of ACH monitoring for all parties in the ACH Network”...
Despite a recent decrease in inflation rates, consumers remain cautious in their spending habits, wary of the economic uncertainties ahead. In fact, the persistent concern over living costs continues to shape consumer behavior, driving a demand for financial management tools to help stretch their dollars further and...
Checkout technology company Bolt has launched a partnership with payments solutions provider Checkout.com. The collaboration makes Bolt Checkout.com’s “exclusive one-click checkout provider” with Checkout.com becoming “Bolt’s preferred payment partner,” the companies said in a Monday (March 18) press release. “By integrating Bolt’s industry-leading checkout technology with Checkout.com’s enterprise-grade payment solutions,...