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B2B Payments
Free Now Leaves Irish Taxi Drivers Waiting Weeks For Payment
August 18, 2020

Taxi app Free Now is running into trouble in Ireland, with the shadow of the Wirecard AG scandal looming in the backdrop as thousands of drivers across the country go unpaid. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Lightspeed India Secures $275M For New Fund
August 18, 2020

Indian venture capital firm Lightspeed India said on Tuesday (Aug. 18) that it has closed its Lightspeed India Partners III fund after securing $275 million in new capital commitments from institutional investors around the world. Get the Full Story Complete the form to unlock this...

International
Ant Group Looks To Create Consumer Finance Platform
August 18, 2020

China’s Ant Group reportedly plans to create a new consumer finance company which would allow the firm to cement its base in the country’s online lending industry. Meanwhile, Ant — which Chinese giant Alibaba Group Holding owns a 33-percent stake in — is gearing up for...

International
BoA: Replacing Chinese Suppliers Comes With $1T Price Tag
August 18, 2020

U.S. and European companies will have to spend as much as $1 trillion to replace Chinese suppliers, but the expense will be worth it, according to Bank of America research cited by CNBC on Tuesday (Aug. 18). Get the Full Story Complete the form to...

Retail
Kicking The Wheels Online Amid Auto Sales’ Great Digital Shift
August 18, 2020

The great digital shift has left no vertical untouched, changing the way we browse for, select and buy … pretty much everything. That includes big-ticket items like cars and trucks that once involved the process of kicking the literal tires. Get the Full Story Complete the...

Retail
Walmart Earnings Show Another eCommerce Blowout
August 18, 2020

Walmart rode another eCommerce blowout and strong performance in its grocery business to a second quarter that exceeded all expectations and showed its continued growth during the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Payless Launches Comeback, Stresses Digital Shift
August 18, 2020

Payless ShoeSource is making a comeback, despite a raging pandemic and a sketchy economic recovery. The brand, which was first launched in 1956 and declared bankruptcy in February 2017 and again in 2019, will lead with a stepped-up eCommerce presence and an ambitious store opening...

Retail
Afterpay Adds More Retailers To Its BNPL Network
August 18, 2020

Afterpay, the Australian buy now, pay later (BNPL) company operating in the U.S., has partnered with beauty, fitness and casual fashion retailers Charlotte Tilbury, Fenty Skin, Fila, Huda Beauty, Puma and Vineyard Vines. Get the Full Story Complete the form to unlock this article and...

Retail
Direct-to-Consumer CPG Sales Are Going Mainstream
August 18, 2020

Consumer packaged goods (CPG) brands and their merchant partners held eCommerce at somewhat of a distance for years, even as they steadily increased their investments in digital. Because brick-and-mortar stores did the big numbers, the old rules favored physical retail. Get the Full Story Complete...