A disconnect looms in financial services, one that can doom relationships between financial institutions (FIs) and customers from the beginning. Studies have shown that 70 percent of applicants want to open their accounts digitally. However, less than half of traditional FIs are able to let...
It’s not enough to build a real-time payment system if financial institutions (FIs) don’t implement the offering, and extend instant payment services to customers. Getting major FIs on board, and actively engaging with a new payment rail, is critical to achieving the widespread availability needed...
To compete in the grocery wars and gain market share from competitors such as Aldi, Amazon and Walmart, supermarkets are bolstering their private-label efforts. One of Kroger’s most powerful competitive advantages is the company’s own brand products, Chairman and Chief Executive Officer Rodney McMullen said...
B2B payments company Bill.com is gearing up to go public just weeks after announcing an $88 million investment round, Business Insider reported Thursday (June 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Messaging company Slack is planning to use a direct listing method to go public instead of an IPO, according to CNBC. A direct listing, which Spotify used when it went public in April of 2018, means that Slack won’t have to use underwriters (go-betweens that...
Data analytics company Equifax is teaming up with identity verification solutions provider GIACT Systems to help joint corporate customers mitigate the risk of fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Mexican antitrust regulators blocked Walmart’s plans to buy delivery app Cornershop, according to a report by Reuters. 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...
Is the era of email coming to an end? Maybe — and maybe in several years. Slack CEO and Co-Founder Stewart Butterfield was quoted by CNBC as stating in an interview that email — at least in some ways — will soon see the end...
When Jerome Griffith took over the helm at Lands’ End as CEO two years ago, he had been on the verge of actual retirement. But when the opportunity to take over at Lands’ End came up, he decided to extend his tour of duty in...
