Welcome to The Axis, your late look at payments news from around the world. Coverage includes Australia’s ANZ Google Pay wallet. In addition, the National Bank of Oman (NBO) is teaming up with Oman National Engineering & Investment Company (ONEIC) for real-time payments, while Klarna and OXID eSales...
If the world were a more logical place, it would always be easy for a borrower to pay their debts as quickly and easily as possible. Everyone’s goals would be aligned, ensuring that funds are repaid on time and with minimal investment of time or energy....
In fundraising news on Thursday (Sept. 27), Opendoor, the home selling startup, said that it has raised $400 million from SoftBank’s Vision Fund. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
There is no shortage of app and eCommerce platforms out there looking to match up consumers with personal shoppers. As a well-established part of high-end luxury retail experiences, the digital migration of personal shopping makes sense in the current retail context. Get the Full Story...
To seek a broader audience, J.Crew plans to create a brand that appeals to younger women. CEO Jim Brett, said the retailer sees itself as a company with more than two brands, the Chicago Tribune reported. Get the Full Story Complete the form to unlock...
To connect directly with their customers in the supermarket, food brands are turning to quick response (QR) codes. Foster Farms, which offers chicken and other poultry products, decided to put the codes on its product packaging. Their offering is dubbed DORI, which stands for deals,...
Retailers are rolling out new ways for consumers to look for items online. Forever 21, in particular, is moving beyond text-based online search for its customers with visual search. In an announcement for the feature, Forever 21 President Alex Ok said the technology “bridges the...
Despite problems with its new logistics system, which cost H&M an additional $45 million, the retailer saw a positive sales trend during September — the first month of the fourth quarter. In a call with analysts, H&M CEO Karl-Johan Persson said that the glitches would...
Lawmakers have their work cut out for them as they take their first steps into regulating the world of blockchain. Everything from initial coin offerings (ICOs) to data protection has governments exploring how to regulate the market and protect consumers without stifling innovation. Get the...
