By all accounts, 2014 was the year of the “on-demand” economy. Ride-sharing service Uber recently closed out a $1.2 billion funding round, placing the start-up’s total valuation at $41 billion. That represents an almost tripling of the company’s value – a half a year ago Uber...
Rent the Runway, a web-retailer that allows women to rent designer clothing at affordable prices, has reportedly raised $60 million in venture capital. This pushes the firm’s overall valuation to between $500 million and $600 million and brings its total lifetime corporate fund-raising to $116...
Deck the halls, light the menorah, prepare the feast of karamu, shop ’til you drop, then ring in the new year. Wait, something is missing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In a bid to boost its guest experience and fuel the company’s digital transformation, Target is undergoing a string of executive changes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
There’s a certain competing psychology behind impulse shopping. Retailers build their storefronts and in-store displays to maximize those opportunities, while consumers are increasingly being reminded how and why to resist the urge to purchase those high-margin items nestled near the checkout lane. Still, retailers tend to have the edge...
The end is near! Well at least in terms of holiday retail is concerned. As the sun rises on Panic aka Super Saturday, American consumers can be split almost evenly into two groups – those who can congratulate themselves on having already completed their Christmas...
Unveiling a series of proposed new virtual currency regulations for New York state—which will likely be copied by other states and potentially federal regulators as well—Benjamin M. Lawsky, the superintendent of the New York State Department Of Financial Services, said that virtual currency startups need...
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This summer, Ingenico Group achieved a significant milestone with the acquisition of Global Collect. Now, Ingenico’s footprint in the North American markets has expanded considerably. Global Collect supports clients looking to accept payments in more than 170 countries and 150 currencies. PYMNTS asked Thierry Denies,...
