Standard Cognition, the company that makes artificial intelligence-powered autonomous checkout for retailers, announced on Monday (Jan. 7) that it has acquired Explorer.ai, which makes mapping and computer vision technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Grabango, the Silicon Valley startup, announced Monday (Jan. 7) that it raised $12 million in venture funding. 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...
Royal Bank of Scotland (RBS), which is gearing up to launch a new digital bank, has acquired a 25 percent stake in Loot, a U.K. FinTech. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the launch of Wirecard and Ctrip’s multi-currency Visa cards for customers in China. In addition, U.K. fashion retailer Missguided is offering a pay later option through Klarna, and Nordic payments...
The recent announcement that China’s UnionPay and Huawei are teaming up to bring Huawei Pay to Russia stands as the latest example that alternative payments are spreading to different parts of the world. It also provides another sign that that cash is, generally at least,...
In the world of retail innovations, merchants are looking to reach shoppers by interacting with them through multiple touchpoints. They are turning to cross-channel strategies to improve the customer experience, and even working with other companies to help execute these visions. Old Navy and Lyft,...
According to recent research from Furniture Village, the average couch has a much fuller and longer life than you probably realize. Over the course of its 11-year life it will host 2,728 hours of reading, 2,299 hours of phone conversations and 2,105 kisses between couples. Its...
To help modernize its restaurants and provide new ordering experiences to its diners, Taco Bell is bringing new technology into its brick-and-mortar restaurants across the country: The quick-service restaurant (QSR) chain is deploying self-service kiosks. The devices enable customers to peruse the Mexican-inspired chain’s menu...
While Toys R Us has disappeared from the United States, it is going strong in Asia, which plans to open 60 new stores throughout the region this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
