British venture firm Albion Capital has raised nearly $100 million for its portfolio companies. According to a UK Tech News report Wednesday (April 12), the money arrived a little more than a year after the company said it was looking for financing, and comes at...
The list of financial institutions — smaller banks among them — readying for real-time payments grows longer. Salem Five, a mutual bank with roots tracing back to the 19th century, will be among Fiserv’s financial institution (FI) clients working to implement the FedNow Service when...
The United Kingdom is considering changes around deposit insurance, especially in smaller banks. Noting that the United States is doing the same, Bank of England Governor Andrew Bailey said in a Wednesday (April 12) speech that the U.K. is considering improvements to its approach to...
French cloud company Pricemoov has raised $10 million to expand its price management tool. The Series A funding round, announced in a Wednesday (April 12) press release, arrived during a difficult capital environment for European companies. It will allow Pricemoov to add to its team,...
Seamless, embedded payment capabilities are emerging as a critical growth flywheel for tech platforms. This, as Meta pilots in-app business payment capabilities for WhatsApp users and merchants in Brazil, and Elon Musk ends Twitter’s run as an independent organization by merging the social platform with...
America’s biggest banks are reportedly setting aside cash in anticipation of first-quarter losses. The banking giants that helped shore up struggling First Republic Bank with a $30 billion infusion last month have put aside roughly $100 million each in quarterly earnings to protect against losses,...
Unconventional partnerships have transformed the retail industry, disrupting traditional business models and creating new opportunities for growth and success. From Shopify and TikTok to Target and Ulta Beauty, companies are joining forces to offer innovative shopping experiences for customers. Here’s a look into how some...
Mid-priced apparel, accessories and footwear retailer Buckle reported a drop in sales in March. The 439-store firm’s comparable store net sales for March were down 10.1% from the same period the previous year, and its net sales for the month were down 9.2% year over...
In recent years, the concept of quiet luxury has become a trend in the fashion industry. The term refers to the subtle but expensive garments offered by high-end brands like Loro Piana and Brunello Cucinelli, which convey an understated elegance and refinement. But is it...
