A direct-to-consumer lingerie startup has raised $55 million in a funding round that includes investors like the former AOL CEO Tim Armstrong and broadcaster Katie Couric, according to reports. “ThirdLove is the triple threat,” Armstrong said in an email to TechCrunch. “They have great margins, own...
AlipayHK users will soon be able to use the service in parts of Japan and Southern China, the company said on Tuesday (Feb. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
A man in India tricked 12 people out of $250,000 with a scam involving a fake cryptocurrency named after the Indian version of the show “Who Wants To Be A Millionaire,” according to reports. Get the Full Story Complete the form to unlock this article...
HSBC, the U.K. bank, has started beta testing of its PayMe System, a digital payment system for businesses. 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...
Walmart announced Tuesday (Feb. 26) it has acquired Aspectiva, the Israel-based startup that is focused on natural language processing capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
As meal kit providers are promising easy-to-cook recipes, some startups are designing their services around specific appliances. Presto Eats, for example, is creating selections with multicookers in mind. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Major retailers are pitching premium baby care products at a less-than-premium price tag with the help of exclusive brands: Walmart is offering Hello Bello exclusively at its stores and its website (and that of the brand). The brand seeks to position itself as a value-oriented...
In the latest of a series of investments, Foot Locker backed children’s clothing brand Rockets of Awesome with $12.5 million in funding. The brand will start selling on the retailer’s children’s website and bring mini-stores to Kids Foot Locker venues, CNBC reported. Get the Full Story...
When the state of Ohio partnered with cryptocurrency company BitPay last year, it meant the state would become the first in the U.S. to allow businesses to pay their corporate taxes in bitcoin. In an interview with CNBC at the time, Ohio’s then-State Treasurer Josh...
