As direct-to-consumer (D2C) coffee brands look to capture the loyalty of Generation Z, Chamberlain Coffee is finding that the more work they remove from the brewing process, the more these young consumers will keep coming back. In an interview with PYMNTS, Liz Ahern, chief marketing officer of the...
LHV Bank has implemented an upgraded loan system for its small and medium-sized business (SMB) lending division. The U.K. licensed bank has partnered with cloud-native platform Tuum to transition to a cloud-based banking system, LHV Bank said in a Thursday (Sept. 7) post on LinkedIn. This move is aimed at...
The global perfume market is expected to grow to $69.25 billion by 2030. This promising trend has piqued Richemont’s interest, leading the company to invest more in the luxury fragrance sector and establish a beauty division. According to Richemont, the company is significantly increasing its investment...
At the end of last month, Victoria’s Secret proudly highlighted the concept of “less is more,” emphasizing its smaller format stores and streamlined inventory. American Eagle Outfitters (AEO) is now making a similar assertion, albeit for a straightforward reason: the growing resonance of its intimates line,...
ChatGPT creator OpenAI said it will host “hundreds” of experts at its first developer conference this fall. The artificial intelligence (AI) company’s “DevDay” is scheduled for Nov. 6 in San Francisco, OpenAI said in a Wednesday (Sept. 6) blog post. “The one-day event will bring hundreds of developers...
China is reportedly planning a wide-ranging ban on Apple iPhones for government workers. As Bloomberg reported Thursday (Sept. 7), the ban would apply to sensitive departments of state-owned companies and government agencies, which have begun telling staff not to bring the devices to work, per sources familiar with the...
Fraud attacks against banks and credit unions (CUs) are nothing new, but consumers are taking them much more seriously than they used to. A study found that 74% of consumers rate fraud protection as a top-three priority when opening a new financial account, outstripping ease...
Instacart could reportedly set its initial public offering price range in a matter of days. The online grocery delivery service is planning to set its listing price and kick off its roadshow on Monday (Sept. 11), Bloomberg News reported Wednesday (Sept. 6), citing sources familiar...
Shop Circle has secured $120 million in Series A funding to further develop its suite of eCommerce tools. The firm also aims to solidify its position as a one-stop shop for software for eCommerce merchants, Shop Circle said in a Thursday (Sept. 7) blog post. “Our...
