The eCommerce package tracking company Route has joined the unicorn club. 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 Today. By completing...
As more people return to in-store shopping, businesses managing both physical locations and eCommerce markets are tapping financial infrastructure platform Stripe and its Stripe Terminal solution to handle payments online and off, according to a press release on Friday (Jan. 21). Get the Full Story...
First there was the death, accidents and lawsuits. Then came Peloton’s product recall after months of resistance. Most recently, reports of a reorg that might include layoffs and even production cuts of its core product have further slammed the once-mighty connected fitness company, which shed another 25%...
Retail bankruptcies dropped from 52 in 2020 to 21 last year, Axios reported Thursday (Jan. 20), citing research by S&P Global Market Intelligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A report about Peloton Interactive Inc. halting production of its connected fitness products isn’t true, CEO John Foley said Thursday (Jan. 20) in a note to employees, and the company is “moving forward with the appropriate legal action” against the person who leaked the info...
Finclusion Group, the African-focused FinTech platform crafting neobank offerings for its users, has secured $20 million in funding from investors in its latest capital raise, the company announced Tuesday (Jan. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
It seems too good to be true. A virtual customer walks into a virtual store and purchases a virtual sweater with some virtual currency. The only thing missing from this digital dream, it would appear, are virtual profits, as in, how do you actually make...
Two decades ago, providing payments to workforce employees and channel members meant signing a check and putting it in the mail. Today, it’s an evolving process that engages recipients through text messages, emails and apps. Get the Full Story Complete the form to unlock this...
Global payments are not as simple as we’d like them, or need them, to be. 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,...
