In what was described by eBay as an effort to improve customer experience and offer sellers a more competitive cost structure, eBay announced news on Wednesday (Jan. 31) that it will intermediate payments through a multi-year implementation that may last through mid-2020. This move marks...
After shrinking the size of some of its stores, Kohl’s plans to lease out the newly vacant space in its “right-sized” locations, according to news from Reuters. Not all of the retailer’s roughly 300 downsized stores will lease unused footage — at least in the beginning, Kohl’s...
Starbucks cups, despite being made of paper, are not actually easily recycled — the thin layer of plastic sprayed on to keep the drinks warm renders them that way. And most people don’t even bother to try — they just throw them out. Starbucks is...
While everyone is looking ahead to 2018, it’s worth a look back at some of the major payments milestones of 2017. For Michael Miebach, chief product officer at Mastercard, those milestones include key acquisitions and partnerships that propelled the spread of real-time payments, use of...
A wise man named Ferris once said, “Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it.” So it is with payments, where innovation moves pretty fast, too. Blink and all of a sudden, you’ve gone...
Financial services company Affirm announced Monday it has raised $200 million in Series E funding from a consortium of investors led by global investment firm GIC Private Limited. In a press release, Affirm said funding to date comes to approximately $450 million. In the latest...
Discover, the payments company, announced news on Wednesday (Dec. 6) that as of April 2018, customers will no longer be required to provide a payment signature when they make retail purchases with their credit card or debit card at the point of sale (POS) when...
Pop-star, entertainer and all-around renaissance man will.i.am has found his new passion — corporate computing and voice assistants. Okay, so it doesn’t quite have the same ring as the average Black Eyed Peas song, but it surely has attracted investor interest. I.am+ — the tech...
It’s a little late for Halloween, but there is certainly something almost a bit scary in the combined valuations of tech’s top five players — alternately known as the Frightful Five. Amazon, Alphabet and Microsoft all managed big beats on the Street last week, and hopes...