News

Investments
YouTrip Raises $50 Million to Expand Multicurrency Digital Wallet
October 26, 2023

Singapore-based multicurrency digital wallet provider YouTrip raised $50 million in a Series B funding round. The firm will use the capital to launch new products and features, invest in technology and expand into new markets, YouTrip said in a Thursday (Oct. 26) blog post. “The...

Retail
Agora Launches Livestream Shopping Technology
October 26, 2023

Agora, a platform for real-time engagement application programming interfaces (APIs), has announced the wide availability of its technology to power livestream shopping experiences. The company’s solution enables brands, marketplaces and platforms to easily build live shoppable experiences, Agora said in a Thursday (Oct. 26) press release....

Faster Payments
Pathward and TabaPay Expand Collaboration on Faster Payments Solutions
October 26, 2023

Pathward and TabaPay announced an expanded partnership to enhance Pathward’s suite of faster payments solutions. The collaboration aims to empower FinTech firms, merchants and platforms with faster payments nationwide, catering to consumer expectations, the companies said in a Thursday (Oct. 26) press release. The expanded...

Ridesharing
Uber and Waymo Launch Fully Autonomous Rides in Phoenix
October 26, 2023

Fully autonomous rides are now available to Uber customers in Phoenix via a partnership of the ride-hailing platform and Waymo. Starting Thursday (Oct. 26), Uber customers in Phoenix who request a ride on the app may have the opportunity to experience Waymo Driver self-driving car...

Retail
Leatherman on Why Premium Products Need Loyalty Programs
October 26, 2023

Loyalty programs have become ubiquitous, creating a crowded marketplace. Given this landscape, how can a brand introduce its loyalty solution and differentiate itself?  The answer often lies in the uniqueness and demand of the product or service you’ve crafted. That’s a sentiment Leatherman is leaning...

Retail
Barbie’s New Role: Picking up Mattel’s Toy Sales 
October 26, 2023

In the playful world of toys, Mattel wound up its engines and announced a 9% increase in its third-quarter 2023 net sales, reaching $1.92 billion, with Barbie being the star of the show, alongside Hot Wheels.  Mattel observed a rise in global gross billings, with...

Retail
Why Ulta Beauty Is Polishing Its Portfolio With a Wellness Boost
October 26, 2023

Ulta Beauty is looking to give its retail therapy experience a wellness boost and has announced its plan to extend its in-store wellness areas to over 1,330 locations across the country.  Named “The Wellness Shop,” and launched in 2021, these areas will feature a new,...

Retail
Return Fees Mean Lost Business for 1/3 of Companies
October 26, 2023

Online return fees appear to be both a blessing and a curse for retailers. While charging shoppers for sending back items has reduced returns, a report Thursday (Oct. 26) by The Wall Street Journal (WSJ) says these policies could be driving away customers as the holiday shopping...

Cross-border Payments
ISO 20022, Open Banking Will Transform Cross-Border Payments
October 26, 2023

Nilesh Dusane, global head of institutional payments at Amazon Web Services (AWS), told Karen Webster that there’s one common refrain among financial institutions (FIs) and payment companies. It’s a refrain that’s almost universal, no matter where AWS’s customers are, what functions they serve or which...