The founder of Indian direct-to-consumer (D2C) brand aggregator Mensa Brands on Thursday (Nov. 19) told CNBC that it has become a unicorn — a private company with a valuation of at least $1 billion — and is already profitable after closing a $135 million Series...
The widespread shift to remote work is fundamentally changing the procurement process. Historically, businesses have managed B2B payments in centralized offices, where employees could easily exchange paper documents to authorize business expenditures. Today, that is no longer practical — or even feasible. Get the Full...
It was another big week for cryptocurrency — with news about regulation, crypto-native wallets and a huge new potential for expanded merchant acceptance of crypto. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Small retailers across the U.S. are having trouble overcoming the supply chain snafus of the past several months, while the nation’s biggest companies — including Walmart, Home Depot, Lowe’s and Target — are finding solutions to work around them, according to a Financial Times report...
Food ordering and delivery platform Grubhub is rolling out its services to the University of Arizona using Yandex Self-Driving Group’s delivery robots — also known as rovers — following a similar launch at Ohio State University in September, according to a press release. Get the...
Biometric identity authentication platform authID.ai will get a patent Tuesday (Nov. 23) from the U.S. Patent and Trademark Office for a method that uses various attributes of a person, securely linked to a Primary Account Number (PAN) to authenticate the person’s identity. Get the Full...
Necessity, as they say, is the mother of invention. 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 this form,...
Macy’s CEO Jeff Gennette on Thursday (Nov. 18) told CNBC’s Jim Cramer during an interview on “Mad Money” that the company hasn’t decided whether it will break its eCommerce division into its own company, despite urging from Jana Partners to make the move. Get the...
Nike on Thursday (Nov. 18) announced the launch of its foray into the metaverse, calling its Roblox-fueled immersive 3-D experience Nikeland. The space allows Nike fans to “connect, create, share experiences and compete,” according to the company announcement. Get the Full Story Complete the form...
