Cryptocurrency wallet manufacturer Ledger has announced its Series C extension fundraising round. The firm offers hardware wallets that store crypto users’ private keys in a secure device, isolating the keys from a computer or smartphone that could be hacked, according to the company’s website. With...
Canadian FinTech Neo Financial has debuted what it calls a debit card alternative. The Neo Money card, announced Thursday (March 30), is designed to help Canadians deal with the same high inflation that’s plagued the U.S., Neo said in a news release. “Canadians who have...
Paysafe has expanded into Massachusetts to serve the newly legal sports gambling market. The entertainment-focused payment platform is supporting the mobile sports-betting market by enabling players to fund their accounts by debit card, its own alternative payment methods (APMs) and third-party APMs, Paysafe said Thursday (March...
Proactis and Finexio have partnered to help mid-market organizations eliminate manual processes from B2B payments. With their new agreement, Finexio’s accounts payable (AP) payment capabilities have been added to Proactis’ source-to-pay software solution, the companies said in a Thursday (March 30) press release. “Extending our...
To win in contextual commerce, Giada De Laurentiis’ direct-to-consumer shop has learned, content is king. In an interview with PYMNTS, Lindsey Galey, chief marketing officer of Giadzy, the De Laurentiis-founded publication and D2C retailer, explained that the company’s contextual commerce business benefits from the trust...
Clothing retailer H&M saw sales rise in its latest quarter, while also posting a surprise profit. The Swedish fast-fashion chain announced in a Thursday (March 30) earnings release that its sales rose 12% for the three months between December and February. It’s a trend H&M...
Want more loyal customers? Give them a smooth checkout experience and the payment options and shopping features they desire. It’s not rocket science, but it is a science. It’s also an art, as PYMNTS learned speaking with leading retailers for our recent article series, “Merchant...
The market for home furnishings is “likely getting worse before it gets better.” So said RH Chairman and CEO Gary Friedman Wednesday (March 29) during the luxury home furnishings company’s quarterly earnings call. Persistent inflation, record-high interest rates, an underperforming stock market, an unexpected banking crisis and a 45%...
Regulators want America’s biggest banks to help cover the cost of the recent banking crisis. The Federal Deposit Insurance Corp. (FDIC) is weighing the idea of shifting a large chunk of the $23 billion cost of two high-profile bank failures to large lenders like J.P....
