Business travel platform BizAway has received 10 million euros (about $11 million) of new medium-term funding to help propel its growth. BizAway will use the new capital from illimity’s Growth Credit division to further the development of its technology-driven business model, the company said in a July 17 press...
European neobank bunq has closed a 44.5-million-euro (about $49 million) funding round that brings its total capital raised this year to nearly 100 million euros (about $111 million). With this latest injection of capital, bunq’s investment valuation stands at 1.65 billion euros (about $1.8 billion), solidifying its status as...
When was the last time you scrolled past or even watched HSN or QVC? If you’ve ever watched even a few minutes of a stream, you’d know how addicting it can quickly become. That’s a feeling livestreams are looking to capitalize on. The concept of...
“Barbie is one of the most inventive, immaculately crafted and surprising mainstream films in recent memory.” That’s what news outlet The Independent said in regard to the Barbie movie premier last weekend. But leading up to the much-awaited premiere, Barbie collaborations — both official and unofficial...
Apple retail stores are gearing up to provide a home delivery service for customers. The company is developing a new mode of delivery known as EasyPay Online Ordering, Bloomberg reported Sunday (July 23). It will enable customers to make in-store purchases and have their products delivered to their...
The Clearing House (TCH) has reported that its RTP instant payments network surpassed the 500 million payment milestone on Saturday (July 22). The RTP network has been providing instant payments to millions of consumers and businesses for more than five years, TCH noted. The RTP...
Mastercard has launched a tool designed to streamline virtual card payments. The company’s Receivables Manager, announced Monday (July 24), comes at a time when businesses are turning to virtual cards to replace paper-based payments. “However this shift towards emerging tech has also left accounts receivable teams...
As consumer behavior goes, the corporate response follows. Miyoshi Lee, head of U.S. real-time payments at Bank of America, told PYMNTS that consumers have become used to instant gratification. That’s setting the stage, she said, for faster payments — and, specifically, instant payments — to...
What happens when you throw a party and nobody comes? Certainly, it can be a disappointing and disheartening experience — yet still it presents an opportunity to learn, grow and find new ways to connect. Although that is not exactly what happened with Walmart+ Week,...
