With a move that follows the fashion retailer’s efforts to become fully circular and support its global expansion, H&M Group has taken a majority stake in Sellpy. The group began investing in the re-commerce business in 2015 and has invested roughly US$5.07m (SEK50m) via its...
Cloud-based software subscriptions are highly desired in emerging markets, but consumers can still be hard to serve since access to traditional payment methods isn't always available. Tunio Zafer, CEO of cloud storage provider pCloud, explains how subscription businesses can localize payments to effectively engage and...
Travis Kalanick, ousted founder of Uber, recently made his next big investment. His real estate company, City Storage Systems, bought a stake in Rebel Foods Pvt. in India, a cloud kitchen company that has a valuation of around $525 million. Get the Full Story Complete...
Procure-to-pay solutions provider BuyerQuest is integrating its solution into Amazon Business by joining its Partner Network, the company said in a press release Wednesday (Oct. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Rising Know Your Customer and other risk mitigation regulations have the financial services world eyeing digital identity technology. Already seeping into the consumer services world, digital identity technology is expected to hit a $12.8 billion valuation by 2024, according to the latest PYMNTS Digital Identity...
U.K. FinTech Paysend is launching a new service for corporates to access integrated banking and payment services, the result of a collaboration with open banking software company Crassula. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
With virtual assistant technology pressing deeper in corporate finance, bots and artificial intelligence (AI)-powered tools deploying natural language processing are popping up from logistics management to accounting — and payroll is no exception. Get the Full Story Complete the form to unlock this article and...
Discover e-Solutions Ltd. (DeSL) has announced a new procurement platform designed for the fashion industry. 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 daily newsletter,...
Federal Reserve officials are worried that slowing global growth, exacerbated by the U.S.-China trade war, could sap domestic hiring and economic activity, triggering a recession, The Financial Times reported on Wednesday (Oct. 9). Get the Full Story Complete the form to unlock this article and...
