Global payments technology startup Flutterwave, in conjunction with nonprofit Stellar Development Foundation, has introduced two new remittance passageways between Europe and Africa on the Stellar cross-country transaction system, according to a Monday (Oct. 25) press release. Get the Full Story Complete the form to...
In “The Way Payments Are Now Done,” 33 payment executives discuss what payments’ “new normal” looks like. Andre Machicao, SVP, global head of product and solutions at Cybersource, explores how the COVID-spurred digital acceleration has caused a spike in fraud, and how merchants are rethinking...
The healthcare payments platform Anomaly announced on Tuesday (Oct. 26) that it has raised $17 million in Series A and seed funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
As consumers, restaurants and third parties continue to struggle with the economics of delivery, the race to find alternatives to using human drivers is heating up. For its part, Flytrex, a Tel Aviv-based drone delivery company that promises to fulfill food orders within five minutes,...
On-demand fulfillment platform Fabric on Tuesday (Oct. 26) closed a $200 million Series C fundraising round, giving the company a valuation of $1 billion, bringing its outside investment total to $336 million. Get the Full Story Complete the form to unlock this article and enjoy...
Among the slew of announcements rolled out by Amazon at its Accelerate seller conference last week, one item stood out as a clear sign of the eCommerce giant’s omnichannel ambitions: a new set of services allowing retailers to offer in-store pickup to local customers. Get...
In June 2020, national book retailer Barnes & Noble started seeing surges in sales of certain trade paperbacks and couldn’t figure out why — until the company found TikTok’s “BookTok” community, where bibliophiles post videos reacting to or sharing books they’ve enjoyed. Get the Full...
Toy and entertainment company Hasbro, feeling the stress of supply chain delays, is relying heavily on its entertainment and digital gaming divisions as it continues to develop a contextual commerce strategy for many of its major brands. Get the Full Story Complete the form to...
Beleaguered department store JCPenney has named Marc Rosen as its new chief executive officer as of Nov. 1, the latest move to help the struggling retail chain emerge from last year’s bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy...
