In today’s payments news, Mastercard is rolling out Mastercard Bill Pay Exchange with the help of several new partners. Also, card member spending, among other factors, helped to produce a revenue gain for the global consumer services group of American Express in Q3 2019. And SoftBank is...
A decade ago, an entrepreneur wanting to raise cash pretty much had to have rich relatives or pals, or gain entry into the clubby world of venture capital. Sure, that entrepreneur could take it to the web, asking people to make their own relatively small...
German eCommerce software company commercetools has raised $145 million in a funding round led by Insight Partners, at a valuation of $300 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Spanish lender Santander is planning to launch an online deposit platform in the U.S., the Financial Times (FT) reported on Sunday (Oct. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
There is no shortage of products designed to appeal to conscientious consumers, or marketing terms aiming to draw them in. Green, sustainable, locally sourced, fair trade, clean, socially conscious, cruelty-free – buzzwords that two decades ago were rarely seen on store shelves have become increasingly commonplace,...
Brick-and-mortar retailers, as well as online merchants, are offering consumers all sorts of products and services through the subscription business model, from movies to tea. And many consumer-focused companies are finding the subscription model attractive, as it can help them establish long-running customer relationships and...
Everyone needs shoes — and that need helps drive innovation in an important sector of retail. In fact, several hot commerce trends involve footwear as the new decade approaches. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
After an investor group raised its offer, Hudson’s Bay Co. has inched closer to leaving the public markets. The retailer said it has inked a deal that would let a shareholder group headed up by the chairman of Hudson’s Bay to take the firm private...
As Sony looks to prove the worth of its medical business, its booth was notable for the products that were not present as it returned to the largest consumer electronics show in Japan for the first time in six years. An advanced system to analyze cells...