Samsung Venture Investment Corporation (SVIC) announced on Wednesday (July 10) an $8.5 million investment in four technology startups based in India, with plans to invest in over 100 additional startups over the next three to five years in the country. Get the Full Story Complete...
In its second known investment in a cryptocurrency startup, Visa has reportedly invested millions in the crypto storage company Anchorage. The payments firm co-led the funding round along with digital currency-focused venture capital firm Blockchain Capital, Fortune reported. Get the Full Story Complete the form...
As Microsoft looks to bolster its physical presence and compete with other firms that offer unique brick-and-mortar experiences for shoppers, the tech company plans to open its first European retail store. The 21,932-square-foot Oxford Circus location will be close to Apple’s flagship Regent Street store,...
Sometimes entrepreneurs start companies due to a confluence of factors: Prevail Jerky Founder and CEO Glen Kohn, for instance, was inspired to start his company after finding it difficult to find food that met the dietary needs of his family, and he happened to have...
The annual retail event known as Amazon Prime Day is about more than Prime or the giant eCommerce operators. It’s also about larger eCommerce trends, given that nearly everything that Amazon does helps sets the pace for other retailers, and helps set the standards for...
Weeks after Facebook took aim at its core business, Seattle-based Remitly notched $135 million in funding at a valuation of almost $1 billion. The company homes in on the remittances of immigrants to relatives and friends, who can receive the money through their phones, in...
In a move that bolsters the eCommerce retailer’s cosmetics business, Lady Gaga plans to roll out a line of beauty items that will be exclusively sold on Amazon. The Haus Laboratories brand will debut in the fall for consumers in countries such as the United...
Digital platforms facilitate everything from online shopping to ridesharing to booking a hotel. These platforms promise fast, seamless transactions, which most deliver – but when platforms focus on reducing friction for users, it can backfire and create new vulnerabilities to fraud. Get the Full Story...
Canada is embracing the payments modernization journey, with organizations like Payments Canada driving adoption of faster, more agile payment functionality in the country. Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market,...
