News

Retail
Toshiba Debuts ‘Mission Control’ for Retail Intelligence
April 19, 2023

Toshiba Global Commerce Solutions has opened a new center to provider retailers with enhanced intelligence. The company on Wednesday (April 19) announced the launch of its Global Services Command Center at its headquarters in Durham, North Carolina. “The ‘mission control’ site for the company’s Proactive...

B2B Payments
Airbase Adds Guided Procurement to Spend Management Platform
April 19, 2023

Airbase has added Guided Procurement to its spend management platform. The new procurement function automates the intake process for purchasing by directing employees to capture all necessary information and documentation, routing the purchase details to appropriate stakeholders and securing the required approvals, Airbase said in...

Banking
Europe’s Neobank Struggles Offer Fertile Ground for Traditional FIs to Gain Share
April 19, 2023

The neobanks promised to shake up the world. Especially in Europe. It hasn’t quite worked out that way. As the first quarter of 2023 is firmly in the rearview mirror, as open banking becomes ever-more firmly entrenched within the fabric of everyday financial life in...

Mobile Payments
Square Debuts Android Tap to Pay for Merchants
April 19, 2023

Square is giving merchants an easier way to make contactless payments. The commerce solutions provider has begun offering Tap to Pay on Android for sellers in the U.S., U.K., Australia, Ireland, France and Spain, letting them accept contactless payments with a compatible Android device, according...

Retail
Fashion Retailers Embrace Beauty for Connected Shopping Experience
April 19, 2023

From Stella McCartney launching sustainable beauty to Dries Van Noten and Off-White expanding into makeup or skincare, apparel retailers have increasingly made strategic efforts into the beauty industry, seeing it as a promising avenue for growth. H&M is the most recent apparel retailer to venture...

Retail
Zalando to Add ChatGPT-Powered Fashion Assistant to Online Platform
April 19, 2023

Zalando will add a ChatGPT-powered fashion assistant to its online platform for fashion and lifestyle. The fashion assistant’s generative artificial intelligence (AI) capabilities will enable it to help customers find and select items based on questions they ask using their own words or fashion terms,...

Retail
WWE Puts Fanatics in Charge of Event Merchandising
April 19, 2023

WWE has expanded its partnership with Fanatics, giving the sports retailer control of events merchandising. That means that Fanatics Commerce — the company’s eCommerce, licensed merchandise and physical retail operations business — will manage on-site retail sales for all of the WWE’s 300-plus wrestling events...

Retail
Luxury Brand Brunello Cucinelli Grows Sales Despite Inflation
April 19, 2023

In the first quarter of the year, Italian luxury group Brunello Cucinelli, most renowned for its cashmere apparel, witnessed sales growth of 33% at constant exchange rates. The increase was mainly attributed to performance in the Americas and a resurgence in Asia, reflecting the emergence...

Faster Payments
Instant Wage Payouts Could Aid Employers as Workers Eye Better-Paying Jobs
April 19, 2023

Wage growth is still on the rise despite the recently cooling job market, leading some employers to turn to pay-related “perks” in order to retain workers. Bureau of Labor Statistics data published earlier this month noted that hiring has cooled from its previous breakneck pace....