Merchant Innovation

Laundry Service Cleanly Raises $2.3 Million
May 14, 2015

YC-backed and New York based Cleanly, which streamlines laundry delivery using a smartphone app, announced the close of a $2.3 million seed round, TechCrunch reports. Investors include Ludlow Ventures, Initialized Capital, Paul Buchheit, Semil Shah from Haystack, Joe Montana, 500 Startups, Funders Club, Soma Capital,...

Mitek’s New Mobile Tech Verifies Driver’s Licenses
May 14, 2015

Mitek, the mobile capture and identity company, is launching a new mobile technology at FinovateSpring 2015 in San Diego, the first to instantly verify whether a driver’s license is real or not. Get the Full Story Complete the form to unlock this article and enjoy...

Walmart Primed To Challenge Amazon Prime
May 14, 2015

Walmart may be best known for its sprawling brick-and-mortar stores, while Amazon is considered the online commerce king. But the two are competing head-to-head in their quest to offer consumers the cheapest, fastest shopping experience, with Walmart making recent reinforcements of its online commerce services,...

MasterCard Masters Of Code Competition Comes To Israel
May 13, 2015

The first European edition of MasterCard’s hackathon will soon begin — in Tel Aviv. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Peapod Takes On Amazon Fresh With NYC Expansion
May 13, 2015

While traditional retailers compete to earn share-of-wallet, on the online grocery delivery front, it’s about securing share-of-fridge. At least that’s what Peapod.com is after as it competes with Instacart and Amazon Fresh. Get the Full Story Complete the form to unlock this article and enjoy...

Merchant Innovation
Liquor Distributors Double Down On Drizly
May 13, 2015

The Wine & Spirits Wholesalers of America – the trade association representing the largest liquor distributors in the United States – has acquired a minority stake in Drizly Inc. The investment comes as real-world liquor merchants are turning to the tech company – which has...

Baby Registry E-Tailer Showered With $2.25M
May 12, 2015

Cricket’s Circle, an eCommerce platform with product reviews on baby and maternity products which also does baby shower registries, received backing from investors in a $2.25 million seed round, reports TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Digital Dressing Rooms Reshaping Retail
May 12, 2015

While retailers are working to change up their eCommerce sites and shift their storefronts to keep consumers interested in stepping foot through their doors, there’s one area of retail that’s being influenced by technology that’s not quite as obvious when consumers step foot into the...

Facebook Challenges eBay For Secondhand Goods Supremacy
May 12, 2015

Tough times may be ahead for online marketplace eBay, as Facebook is currently testing out a new news feed option that shows a unified view of items on sale across user groups. It also adds a search function so that Facebookers can look for goods across...