News

Retail
Stitch Fix Surprises Wall Street, Debuts Stitch Fix Kids
June 08, 2018

Along with announcing the launch of Stitch Fix Kids, apparel company Stitch Fix announced that it beat Wall Street expectations on Thursday (June 7), which sent its shares soaring. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
Law Firms Experimenting With AI
June 08, 2018

Chatbots are already being used in a variety of industries — and now those in the legal industry are finding ways to experiment with artificial intelligence (AI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
New Bank Trade Group Excludes Goldman, Morgan Stanley And Credit Suisse
June 08, 2018

Goldman Sachs Group Inc., Morgan Stanley and Credit Suisse Group AG have all been left on the sidelines of the banking industry’s new power lobbying group.  Though all three firms were originally slated for inclusion in the trade association — formed to lobby on behalf...

Fintech Investments
Ant Financial Now Worth More Than Goldman Sachs, Morgan Stanley Or Amex
June 08, 2018

There are big fundraising rounds, massive fundraising rounds and incredible fundraising rounds.  And then there’s raising so much money in a single shot that — overnight — a firm is worth money than Goldman Sachs. There’s no specific adjective for that type of fundraising round...

News
Five At Five: Target Raises Its Delivery Game
June 07, 2018

Welcome to Five at Five, your late look at the payments and commerce news you might have missed. Today brings news of Target’s delivery advancements and a new LinkedIn commuting feature. Amazon’s Alexa has a new job, Asian banks make a FinTech announcement and mirrors...

Payments Innovation
Precise Biometrics Teams Up With NXP For Smart Cards
June 07, 2018

With the growth of contactless payments, Precise Biometrics is teaming up with NXP Semiconductors for a smart card solution. Precise BioMatch® Card software will be integrated into NXP’s contactless biometric smart cards with the collaboration, Precise said in an announcement. Get the Full Story Complete the...

Retail
Simplifying eCommerce Returns With Shipping Labels And Instant Credits
June 07, 2018

Returns can be a headache for everyone involved: merchants, customers and even the logistic middleman. And eCommerce merchants have the added difficulty of not having accessible storefronts for the customer to drop off returns. Shipbob, which started as a way to help merchants distribute online...

Retail
Retail Pulse: IKEA Axes New Store Plans To Focus On Digital Store
June 07, 2018

IKEA is slowing the growth pace it has sustained in the U.S. market, axing plans for new stores in three U.S. cities to focus on eCommerce growth. That’s after opening 13 new U.S. stores just last year. Get the Full Story Complete the form to...

Retail
Streamlining The Swimsuit Shopping Experience
June 07, 2018

Swimsuit shopping is not one of commerce’s more beloved experiences. Wearing a bathing suit is usually fun – as it implies one is poolside or on a beach – but procuring one is less so, particularly for women. Get the Full Story Complete the form to...