Growing concerns over regulatory issues prompted South Korea’s Kakao Pay to delay its planned $1.3 billion initial public offering (IPO), according to multiple reports on Friday (Sept. 24). The IPO was scheduled for Sept. 29. Get the Full Story Complete the form to unlock this...
The U.S. apparel industry has generated $13.3 million more in revenue — representing a 10% boost — in the first eight months of this year than it did in 2019, according to The NPD Group consumer tracking service. Get the Full Story Complete the form...
Amid a national hiring crunch that’s hitting nearly every industry, retailers have been pulling out all the stops to attract workers, but some are also coming to terms with the fact that it’s time to make do with what they’ve got. Get the Full Story...
Factory closures in Vietnam and Indonesia due to the pandemic have caused Nike to lose 10 weeks of production since mid-July, leading to a revised short-term outlook for the company and warnings that demand will likely outpace supply for the next several quarters. Get the...
Walmart is getting rid of its typical layaway option ahead of the holiday shopping season, instead pointing consumers to its buy now, pay later (BNPL) option through Affirm, a vote of confidence for the increasingly popular payment solution. Get the Full Story Complete the form...
Retail giant Amazon is expanding its Same-Day Delivery service to three new metro areas, including Atlanta, Miami and Minneapolis, and expanding the offering in Chicago, the company said in a blog post Thursday (Sept. 23). Get the Full Story Complete the form to unlock this...
Billers often suffer from a lack of speed and clarity on their receivables, while payors are frequently stumped over what they owe and to whom. In the Real-Time Payments Tracker, U.S. Bank’s Richard Erario tackles both sides of the problem by pairing real-time payments with...
For EngageSmart CEO Bob Bennett, it’s all about “getting to nirvana,” which in his universe represents when a company has 100% automated billing as well as 100% auto-payment of bills. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Looking across the eCommerce landscape, it’s easy to see how Amazon has influenced merchants — first by teaching them the benefits of being in a marketplace, and then by giving them the tools to promote themselves and compete for business. That crash course in commerce...
