In today’s top retail news, Sotheby’s is finding a way to reach consumers who don’t want to wait for an auction, and Walmart says it will stop paying quarterly bonuses to store associates as it raises base pay. Also, oral care sales still primarily come...
Austin, Texas-based RV rental company Outdoorsy could go public by the end of this year, people familiar with the situation told Bloomberg on Friday (Sept. 10), adding that the company is working with Goldman Sachs Group Inc. on a potential filing ahead of an IPO...
As consumers grow worried about rising costs, grocery giant Kroger is keeping them shopping with personalized offers through its ecommerce platforms. In its second quarter of 2021, the grocer’s digital sales fell 13% year over year by remained 114% above 2019, driven by data-informed digital...
Today in B2B payments, Nuula snags $120 million in fundraising round and Banking-as-a-Service is now a $1 trillion industry. Plus, eBay and bidadoo partner on B2B eCommerce for trucks and equipment, “Time to yes” drops 90% with ScotPac and CFOs have important role in digital...
TrueLayer, a European open banking platform, has announced a new partnership with Cazoo. The British online car retailer will benefit from TrueLayer streamlining its payment services, making it easier for customers to order and pay for products online. Most importantly, it will allow Cazoo to...
Open banking-powered lender Koyo has raised $50m (£36.1m) in a Series A funding round to support its growth plans, Peer2Peer Finance News reported on Thursday (Sept. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Bitcoin went bonkers again this week with another spectacular dump coinciding with its adoption by El Salvador as an official currency. The crypto price action came hot on the heels of a report from PYMNTS that another method of payment, Apple Pay, is still struggling...
U.K-based users of the Post Office’s EasyID identity-verification app will be able to buy cryptocurrencies such as bitcoin using a voucher system from Swarm Markets, a cryptocurrency exchange claiming to be the world’s first regulated decentralized finance (DeFi) protocol. Get the Full Story Complete the...
PayPal is hiking merchant fees between businesses operating in the U.K. and those in the European Economic Area (EEA), the BBC and multiple news outlets reported. The new fees apply to all of the U.K., plus Guernsey, Jersey, Gibraltar and the Isle of Man. Get...
