Merchant Innovation

Merchant Innovation
Stripe Atlas Adds Founder’s Stock Issuance Tool
October 31, 2017

Quick. Think tech. Think tech startup. Think tech startup riches….then think stock. Then think about how to take and give stock, if you’re the founder or co-founder of a tech startup. The dream of any number of innovative firms is to disrupt an industry, to...

NovoPayment Launches API Platform In Latin America
October 27, 2017

Earlier this month, NovoPayment, a digital finance and transactions firm, announced news of the launch of its Developer Hub, one of the first such platforms servicing Latin America, according to a press release. NovoPayment, based in Miami, offers financial and transactional services through a cloud-based...

Merchant Innovation
Space In Lord & Taylor Flagship Store In NYC Sold To WeWork
October 25, 2017

WeWork, a New York-based company providing flexible, coworking workspaces, has inked a deal to acquire space in department store chain Lord & Taylor’s flagship Manhattan location for $850 million. According to a report in Fortune, the deal will lower HBC’s debt levels and give WeWork...

Merchant Innovation
Activision Patents Algorithm To Make Gamers Spend
October 24, 2017

While the gaming industry brought in $30.4 billion in revenue last year, the cost of actually making video games has increased significantly since 2000, as The Economist has explained. But while the cost of making games has swollen, the cost of video games to consumers...

Merchant Innovation
Commander In Chief: Flint Lane, Billtrust CEO
October 23, 2017

In a culture where anything new can develop a buzz of innovation, it’s important to determine which problems are worth solving. Businesses and consumers want products that address their immediate needs. For example, a shipping firm doesn’t need a self-driving car; it needs to balance...

Merchant Innovation
Samsung’s Bixby Aimed At Making Inroads In The Virtual Assistant Market
October 19, 2017

To take on Siri and Alexa, Samsung Electronics, the South Korean consumer electronics giant, has announced its Bixby 2.0, a reinvention of its digital assistant platform. In a blog post during the company’s developer conference held in San Francisco, Eui-Suk Chung, executive vice president and...

Merchant Innovation
Google May Be Building A Competitor For The Echo Show
September 29, 2017

Much of the tech world was left with a case of the head scratches earlier this week when it came out that YouTube was to be pulled — without much in the way of explanation or warning — from the Echo Show. Now, it seems,...

Merchant Innovation
LendingPoint Closed On $500M Credit Facility In August
September 20, 2017

Online lender LendingPoint announced Tuesday (Sept. 19) that it had closed an up to $500 million credit facility on Aug. 22. In a press release, the company said the credit facility was arranged by Guggenheim Securities. LendingPoint noted it drew down $138.5 million of the...

Merchant Innovation
Using AI To Power The Retail Experience
September 19, 2017

When is milk not milk? This is no trick question — it’s a distinction that artificial intelligence (AI) is going to have to learn to make in order for eMerchants to fully leverage the potential of machine learning. To one customer, “buy milk” means buy a...