Robinhood Financial LLC was hit with a record $57 million fine and also ordered to pay $12.6 million in restitution plus interest, according to a Wednesday (June 30) press release from the Financial Industry Regulatory Authority (FINRA). Get the Full Story Complete the form to unlock this...
Denmark-based Danske Bank, which operates MobilePay, has reached an agreement with OP Financial Group in Finland, which owns Pivo, and the Norwegian banks behind Vipps to merge their mobile payment services to become one of the biggest bank-owned mobile payment providers in Europe. Get the...
Home goods retailer Bed Bath & Beyond recorded its fourth consecutive quarter of comparable sales growth on Wednesday (June 30) as the company tries to reposition itself as a “digital first, omni-always” brand. Get the Full Story Complete the form to unlock this article and...
As summer begins and people look to shed their pandemic weight gain, connected fitness companies are ramping up — and when Pitbull gets involved, it’s bound to be a party. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Like virtually every market in 2020, art collecting saw a digital expansion last year, a seismic shift for consumers and artists accustomed to stuffy galleries, auctions and in-person experience that could upend decades-old ways of doing business. Get the Full Story Complete the form to...
In investing, themes matter – but painting those themes with too broad a brush can prove costly. 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...
Walmart and cashback rewards platform Ibotta have struck a deal to develop and roll out a new digital offers program on Walmart’s website and app. The retailer’s customers will be able to get cash rebates on merchandise with the new program, according to an announcement...
Shogun, an online shopping tech platform that aims to democratize headless commerce, has notched $67.5 million in an Insight Partners-led Series C round. The round, which brings the firm’s overall funding to $114.5 million, also saw the participation of VMG Partners, Accel and Initialized Capital, according...
Procurement is due for a digital makeover — away from manual processes as well as paper-based communications and payments. 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...