The world’s tech giants are among 19 firms the EU says are subject to new content regulations. Europe’s Digital Services Act (DSA) requires these companies to share data with authorities, adhere to a code of conduct, and carry out risk management and independent auditing. “We...
The European Payments Initiative says its vision of a unified payment system is closer to reality. The EPI plans to launch a pilot of a person-to-person instant payment program in France and Germany by the end of the year, according to a Tuesday (April 25) news release. The...
Greengage has launched an eMoney account service facilitating payments in British pounds sterling and euros. This new offering from the United Kingdom digital merchant banking firm is designed for small and medium-sized businesses (SMBs), high net worth individuals (HNWs) and digital asset firms, Greengage said...
Rising next-gen social engagement platforms are not on the metaverse or Web3 but rather simplified and streamlined text-based apps that draw together like-minded users and drive commerce through true interest and engagement, relying less on algorithmic feeds. Among those leading the way is Community.com, the social...
Beyond Yoga has opened its third brick-and-mortar location and will open a fourth on May 11. The athleisure brand’s new store at Westfield Century City in Los Angeles features its women’s, maternity, extended sizing and men’s collections, Beyond Yoga said in a Saturday (April 22)...
To achieve relevancy with consumers, brands must exhibit authenticity and a clear mission, although what this looks like can vary from brand to brand. For example, Elie Seidman, former CEO of Tinder and current interim CEO of Fast Growing Trees, explained in a recent interview...
Authentic Brands Group (ABG) is looking to strengthen its position in the luxury market with another acquisition. The group has entered into a deal with the understated luxury brand from California, Vince Holding Corp., to acquire the intellectual property of the Vince brand. Per the...
Bankrupt party supply retailer Party City is closing more stores as it prepares to go private. The company last week shuttered nine stores in five different states and will auction the locations off later this week, according to A&G Real Estate Partners, its real estate...
Klarna has debuted a personalized shopping feed powered by artificial intelligence (AI). The new tool, announced Tuesday (April 25), is part of a suite of new products for shoppers, creators and retailers from the Swedish payments company, and the latest example of AI’s prevalence in...
