With more than 930 investors on the Seedrs investment platform, FinTech firm Paysend has notched an £8.5m Series B fundraising round from GVA Capital. Seedrs raised £4.6m for the company, while GVA invested £3.95m in the firm, UKTN reported. Get the Full Story Complete the...
All that investment in innovation pays off — so says the National Retail Federation, which found that three out of five “consumers feel retail technologies have improved their shopping experiences.” Not only that, but those consumers have noticed a particular improvement when shopping online, with...
With enhancements to its rewards offering, expansion of its delivery program and the announcement of a strategic partnership with a tech company to license part of its digital flywheel, Starbucks reported better-than-expected earnings results for its third quarter. The quick-service coffee chain reported revenues of...
Startups, particularly in retail, often run into difficulty when in search of an innovative entrance point to the marketplace they come up with a solution to a problem that no one actually has. Sometimes, with very good marketing, a business can sell the consumer on...
With new digital ordering capabilities and store improvements, McDonald’s said sales grew globally in the latest quarter: Same-store growth of 6.5 percent around the world was better than expected, while same-store sales in the U.S. grew 5.7 percent to come out ahead of 5 percent...
While FIs are turning to artificial intelligence (AI) and machine learning (ML) to keep bad actors out, fraudsters are using that same tech to muscle their way in. In the latest Digital Banking Tracker, Brian Fricke, BBVA's chief information security officer, tells PYMNTS how banks...
Cigarette company Imperial Brands has invested in Canadian cannabis company Auxly Cannabis Group to the tune of £75m ($93.2M USD), according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The modern-day financial services landscape has a need for speed, and one of the slowest areas of the market can be seen in cross-border payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A backlash against lengthy payment terms for grape growers may be fermenting in Australia. Elsewhere, in the U.S., some political campaigns appear to be stretching payment terms, and late payments continue to plague the U.K., especially for government contracts.