Abercrombie & Fitch is adding Venmo to its app, and the Hollister app, in an effort to bring a payment option geared towards millennials to its platform. The apps are important to the retailer’s resurgence — they’re the digital channels seeing the most growth for...
Travelers often face a dilemma when they are exploring a city: Where can they store their bags when they check out of their accommodations and still want to visit a city’s attractions? Services like Stasher seek to meet this need by connecting travelers with local...
Logistics technology provider OpenPort has announced a partnership with blockchain company Fr8 Network in a deal that will enable OpenPort to connect its customers to blockchain solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The U.K. government heard calls this week to break up its Financial Reporting Council (FRC), separating the body’s audit watchdog and corporate governance roles into two regulators, reports in City A.M. said Tuesday (Aug. 7). Get the Full Story Complete the form to unlock this...
Warnings from the Federal Bureau of Investigation have enterprises worried about cybersecurity — specifically, concerns about ransomware attacks. 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...
Payments messaging service SWIFT has received clearance to provide access to the Eurosystem’s TARGET Instant Payment Settlement (TIPS) payment scheme, the company said Tuesday (Aug. 7). In an announcement on its website, SWIFT said that, beginning Nov. 30, financial services customers can connect to the TIPS...
In FinTech‘s never-ending path to combating friction, B2B solution providers often take one of two approaches: design a holistic solution that allows a company to entirely replace an entire function with a single, streamlined tool, or design a solution that zeroes in on one particular...
JPMorgan is setting up a financial inclusion lab in India through a partnership with the Indian Institute of Management Ahmedabad’s (IIMA) Centre for Innovation, Incubation and Entrepreneurship (CIIE). According to FinTech Futures, the $9.5 million initiative will assist FinTech startups focused on helping lower and...
Kodiak Robotics, a self-driving vehicle startup, announced that it raised $40 million in Series A funding, led by global investment firm Battery Ventures. CRV, Lightspeed Venture Partners and Tusk Ventures participated in the funding round as well. Battery Ventures General Partner Itzik Parnafes will join...
