The head of America’s biggest bank is predicting tough times for his industry. At least as far as regulations go. “I think it’s going to get worse for banks — more regulations, more rules and more requirements,’’ JPMorgan Chase Chief Executive Jamie Dimon said in a...
B2B marketplace Wasoko has moved into Zambia as part of a broader expansion in Africa. “Launching its central hub in Lusaka, Wasoko’s operations will enable small retailers across the city to access an affordable range of products for same-day delivery and working capital financing solely...
ThreatFabric has raised 11.5 million euros (about $12.5 million) to grow its fraud detection solution. The Amsterdam-based startup aims to expand internationally and add artificial intelligence (AI)-powered behavioral-based fraud detection to its Software-as-a-Service (SaaS) solution for the financial services sector, ThreatFabric said in a Thursday...
Credit cards have been a lifeline in the current inflation-fueled economy. But for the consumers who have been using their credit cards to cover a broad and significant portion of everyday expenses — the high spenders — the pressure looms to find new, alternative ways...
Franchise Group, owner of retailers like Vitamin Shoppe, is set to become a private company. The retail holding company announced in a news release Wednesday (May 10) that it would be taken private by a group led by CEO Brian Kahn in a deal worth...
Best Buy has modified its membership programs and added a more affordable paid tier. The electronics retailer now offers three tiers based on what it has learned from customers who used its previous two tiers, including its first paid membership that was launched in 2021,...
It was once said, “The RealReal is a total mess and I can’t quit it.” That said, keeping up with the company’s progression has been an engrossing tale to follow, as it has looked to various ways to craft its path to profitability but continues...
Etsy continues to rework its positioning to encourage consumers to think of Etsy as a go-to destination for all things shopping, instead of a niche platform for handmade and vintage items. The company is launching its Wedding Registry experience, in a bid give customers more...
Artificial intelligence (AI) platform Everseen has raised $71 million to help retailers prevent theft. The Irish company, whose computer vision technology can block theft at self-checkout stations, announced the Series A round, led by Crosspoint Capital, in a Thursday (May 11) press release, saying it...
