As consumers settle in for a chilly winter at home, supermarkets are ramping up their stable of connected recipes to not only capture an uptick in cooking but to drive spending, increase basket size, boost loyalty and swipe share from restaurants. Take, for instance, Walmart,...
Italian banking group Sella Group has collaborated with IDEMIA to launch biometric payment cards that are powered by IDEX Biometrics’ TrustedBio fingerprint sensor solution. Sella Group, which has a presence in five countries, will offer the new biometric payment card to select target segments, IDEX...
B2B marketplace and eCommerce payments platform Balance has received a $350 million credit facility from Viola Credit to boost its financing capabilities. “Merchants can’t facilitate trust with new buyers without payment terms and buyers won’t move from their current vendor without getting the same terms,”...
Early payment solutions provider PayUp, a Rex company, has received a $5 million line of credit from private working capital finance company nFusion Capital and said this would allow it to factor $50 million in invoices. Both PayUp and nFusion Capital focus on small to medium-sized businesses (SMBs), and the...
With the growth of direct-to-consumer (D2C) options enabling coffee drinkers to access increasingly niche, increasingly boutique products, prices have been rising for higher-end brands and blends. Now, the expansion of buy now, pay later (BNPL) is making it possible for some coffee snobs to purchase...
‘Tis the season to be … wary. The holiday weeks mean fewer days in the office — online or onsite. Staffers embark on their usual round-robins of vacation. We’re all browsing sites and stores in search of the best deals on, well … everything. In...
You pick up the phone and hear a recorded message, purporting to be from the IRS. For a moment, you’re worried, but eventually, you think “This seems like a scam.” That’s because it is a scam, and if you’ve received a call like that, you’re...
Fighting a highly promotional environment for consumer electronics, Best Buy sees holiday shopping patterns this year returning to some pre-pandemic norms. Reviewing FY23 third quarter financials on a Tuesday (Nov. 22) earnings call, Best Buy CEO Corie Barry noted year-over-year sales declines across most product categories, adding that the...
After being jeered for raising its long-standing $1 price point strategy a year ago, Dollar Tree said Tuesday (Nov. 22) that the change is working, and that the retailer is planning to add more $3 and $5 items to its fleet of 16,000 stores. In speaking to...
