Open banking startup Mono raised $15 million led by Tiger Global, with participation from existing investors Entree Capital, Lateral Capital, GPIC, Acuity VC and Ingressive Capital, and new backers Target Global, General Catalyst and SBI Investment. Get the Full Story Complete the form to unlock...
Walmart and Netflix are joining forces to bring products celebrating some of the streaming service’s most popular kids’ shows to store shelves across the country in a partnership they’re calling the Netflix Hub, according to an announcement on Monday (Oct. 11). Get the Full Story...
Cotton prices have hit a 10-year high, adding to the myriad issues facing apparel brands as they try to navigate increased transit times, factory shutdowns and other rising costs across the supply chain ahead of the holiday season, along with preparations for spring merchandise production....
Decades ago, when consumers had only one way to shop — in store — retailers were able to focus all their efforts on optimizing that experience. But as eCommerce has risen and accelerated, brands have had their attentions divided between digital and physical, with online...
As eCommerce continues to accelerate and communication becomes increasingly digital, some retail industry experts expect consumers and brands to begin texting and messaging with each other on a regular basis, leading to the rise of “conversational commerce,” or making purchases without leaving a messaging platform....
British online retailer ASOS on Monday (Oct. 11) said goodbye to CEO Nick Beighton ahead of what’s expected to be a tumultuous period for the company amid supply chain bottlenecks and a return to pre-pandemic shopping habits that could take a 40% bite out of...
Six months after a funding round that put its valuation at $2.2 billion, India’s CRED is hoping to double that figure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A new Citi study shows that 44% of participants think the settlement timeframe for equities will likely be T+1 in the next five years, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy...
Sometimes the check really is in the mail, yet it still doesn’t arrive at its destination on time. Other times, online bill payments may not remain fully digital, as current protocols often drop or convert these electronic payments into paper check format due to frictions...
