In a deal valued at over a $1 billion, SoFi said it has inked a definitive deal to buy Galileo Financial Technologies. The online personal finance firm will pay total purchase consideration of $1.2 billion composed of shares and cash, according to an announcement. Get...
Customer messaging and relationship startup Podium has notched $125 million in a Series C funding round led by YC Continuity, the company announced on Tuesday (April 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
When the chapter is finally written on business during the COVID-19 crisis, there will be stories of the companies that simply fell victim to the virus through no fault of their own. Then there will be the companies that saw chaos and brought order, and...
It’s easy to play Monday morning quarterback for the growth of online grocery. When consumers need essential items but get scared by a high-touch environment, it’s only natural for online numbers to spike. The tough call will be whether online grocery is something that “sticks”...
“We cannot outright predict a pandemic any more than we can predict a data breach or an account takeover,” DataVisor CEO and Co-Founder Yinglian Xie recently told PYMNTS. “What we can do, however, is empower organizations to proactively spot burgeoning crises early and take decisive...
As March sales and earnings reports start to show up this week, new data indicate that eCommerce sales for essential and nonessential retail will show a dramatic spike. The increase is logical, given the shelter-in-place orders aligned with COVID-19. But recent concerns about supply chains...
As merchants call off orders and lengthen payment terms amid the COVID-19 pandemic, fashion industry suppliers in Britain are cautioning that they could be taken out. Suppliers to one fashion chain with over 400 British shops were told last week that they would not receive...
With a transition on its management team underway, Macy’s announced that Executive Vice President and Chief Financial Officer Paula Price will be departing the company as of May 31. The department store retailer said in announcement that Price will remain in her current position up...
Some of the most dramatic instances of technological innovation have occurred in recent years beyond the view of the end consumer. On factory floors and within warehouse walls, Internet of Things-connected devices and artificial intelligence (AI)-powered machines continue to press the U.S. into the age...
