JPMorgan To Support Minority-Owned SMBs With $350 Million Commitment
JPMorgan To Support Minority-Owned SMBs With $350 Million Commitment
February 25, 2021  |  Banking

J.P. Morgan Chase has committed $350 million over the next five years to help Black, Latinx and women-owned small businesses recover from the COVID-19 pandemic...

READ MORE >
Varo Bank Launches Visa Program To Help People Build Credit
Varo Bank Launches Visa Program To Help People Build Credit
February 25, 2021  |  Financial Inclusion

FinTech startup Varo Bank is launching a program to help people build credit or improve their scores, the digital lender said in a press release...

READ MORE >
Featurespace Releases Machine Learning-Based Anti-Fraud System
Featurespace Releases Machine Learning-Based Anti-Fraud System
February 25, 2021  |  Security & Fraud

U.K.-based  Featurespace, which offers anti-fraud systems for financial institutions (FIs), on Thursday (Feb. 25) released its “Automated Deep Behavioral Networks” package. In a press release,...

READ MORE >
Wayfair, Best Buy Outlooks Suggest Fading Of COVID Nesting Trend
Wayfair, Best Buy Outlooks Suggest Fading Of COVID Nesting Trend
February 25, 2021  |  Retail

The fourth-quarter earnings at two of the country’s largest sellers of home goods and electronics both benefited from the so-called COVID nesting trend, but the...

READ MORE >
Consumer Interest In Retail And Banking Innovations
Consumer Interest In Retail And Banking Innovations
February 25, 2021  |  Today In Data

Streaming commerce upstart TalkShop.Live is gaining converts and conversations, as well as a recent infusion of seed capital. In retail earnings, Lowe’s reported a rise in total sales for its...

READ MORE >
TJX Touts Strength Of HomeGoods Unit, Awaits Return Of ‘Revenge Shopper’
TJX Touts Strength Of HomeGoods Unit, Awaits Return Of ‘Revenge Shopper’
February 25, 2021  |  Retail

Given that roughly 15 percent, or 690, of TJX Corporation’s off-price retail stores in Europe and Canada are currently still closed due to pandemic restrictions,...

READ MORE >
Drinks.com CEO Says Uber-Drizly Deal Validates Growth Of Omnichannel Alcohol Sales
Drinks.com CEO Says Uber-Drizly Deal Validates Growth Of Omnichannel Alcohol Sales
February 25, 2021  |  Retail

You might think that the head of a major wine delivery service would be worried about the prospect of Uber’s $1.1 billion acquisition of 60-minute...

READ MORE >
Klarna Reports $53 Billion In Gross Merchandise Volume For 2020
Klarna Reports $53 Billion In Gross Merchandise Volume For 2020
February 25, 2021  |  Retail

Klarna reported record gross merchandise volume for the full year January to December 2020, with total net operating income exceeding $1 billion, according to a...

READ MORE >
Affirm Launching Buy Now, Pay Later Debit Card
Affirm Launching Buy Now, Pay Later Debit Card
February 25, 2021  |  Buy Now Pay Later

Silicon Valley FinTech Affirm is launching a debit card with buy now, pay later (BNPL) functionality, the company announced in a Thursday (Feb. 25) blog...

READ MORE >