News

Retail
Building A Luxury Omnichannel Consignment Experience
August 13, 2019

Some entrepreneurs enter the marketplace with the goal of changing the world – or at least the vertical where they have planted their flag. But Luxury Garage Sale Co-founders Brielle Buchberg and Lindsay Segal had much smaller ambitions in mind. In fact, they weren’t initially aiming to launch...

Retail
Back-To-School Season Fuels Retail Activity And Innovation
August 13, 2019

You can probably tell by the happy looks on all the children’s faces, but in case not — back-to-school season is upon us. Not only is it a big time for retail but, in a sense, a kind of dress rehearsal for the upcoming all...

Investments
Russia Delivery Service Dostavista Raises $15M
August 13, 2019

The same-day delivery service Dostavista, which was founded in Russia, has raised $15 million in a Series B funding round led by Vostok New Ventures, as reported on Tuesday (Aug. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Amazon In Talks To Acquire Part Of India’s Future Retail Ltd.
August 13, 2019

As Amazon moves to strengthen its physical retail presence in India, the eCommerce retailer is reportedly in late-stage discussions to acquire up to 10 percent of Future Retail Ltd. The Indian supermarket firm is looking for a roughly 20 billion rupee valuation from Amazon for...

Regulation
FCA Agrees To 18-Month SCA Implementation Timeframe
August 13, 2019

The Financial Conduct Authority said Tuesday (Aug. 13) that it has agreed to a phased implementation of the Strong Customer Authentication (SCA) rules slated to start taking effect beginning next month. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Delivery
Wish They All Could Be California Bots
August 13, 2019

The word “California” never fails to conjure up a mental image, though that will vary from person to person – some will think sun and sand, others will think movie stars, while still others will think internet startups. Get the Full Story Complete the form...

Retail
Why Faster Checkout Could Be The Key To Boosting Retail App Adoption
August 13, 2019

In June, Costco launched a revamped digital membership app that allows members to use its mobile device rather than flashing a physical card upon entry and during checkout. Convenient? Yes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
ASB Bank Invests In Blockchain Trade Tech Startup TradeWindow
August 13, 2019

Australia and New Zealand-based ASB Bank has acquired a stake in a New Zealand startup developing a blockchain-powered trade management solution. Reports in Scoop.co.nz said Monday (Aug. 12) that ASB Bank has invested in TradeWindow with funds that will support the startup’s ongoing development of...

B2B Payments
PayPal Australia Reaches $500M SMB Loan Volume
August 13, 2019

PayPal Australia’s small business lending operations have reached a new milestone, facilitating $500 million in working capital loans, reports in Finder said on Monday (Aug. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...