Researchers at Spain’s Universitat Politècnica de Catalunya recently published a study showing that reusing 1kg of clothing could save 25 kg of carbon dioxide emissions. Scaling these findings up and it’s clear that extending the life of garments could dramatically reduce the environmental impact of...
The U.K.-based embedded finance company Railsr announced on Tuesday (Nov. 15) that it has partnered with Featurespace to help protect Railsr customers from the threat of fraud. As part of the new partnership, Railsr will integrate Featurespace’s ARI Risk Hub into its anti-money laundering (AML)...
Office technology provider Konica Minolta Business Solutions U.S.A. has partnered with digital commerce firm Elastic Path to launch a B2B digital commerce platform. With this collaboration, Konica Minolta has implemented Elastic Path’s EP Product Experience Manager (PXM) to improve its customer experience, and its EP...
Mastercard is offering a sunny forecast for Black Friday, with its SpendingPulse report projecting a 15% growth in retail sales on the day after Thanksgiving. “Expect Black Friday shopping to be in full force across channels this year,” Steve Sadove, senior adviser for Mastercard and former CEO and Chairman...
U.K.-based FinTech Banked has raised over $15 million in a Series A round, according to a press release on Tuesday (Nov. 15). The round was led by Insight Partners and supported by Citi, National Australia Bank Ventures, and Banked’s recently announced commercial partner Rapyd. The...
Cannabis industry FinTech POSaBIT has debuted an enhanced version of its point-of-sale platform as the sector sees continued demand for new payment services. According to a Tuesday (Nov. 15) news release, POSaBIT 2.0 includes a revamped user interface, upgraded front-end features, new “end-user-centric” enhancements to...
At a time when retailers are competing aggressively on price to drive sagging sales, the need to limit returns via virtual try-on tools and tougher sales policies is expected to rise. Even before the inflation-driven clampdown on spending, free shipping and returns were becoming too...
The country’s largest retail chain said Tuesday that its efforts to reduce inventory were paying off thanks in part to an increase in customers seeking price relief in the face of high inflation — especially more affluent households. For the three months that ended Oct....
The Securities Commission of the Bahamas — the country in which now-bankrupt cryptocurrency exchange FTX is headquartered — has announced the appointment of liquidators for the company. The commission said in a Monday (Nov. 14) press release that it appointed attorney Brian Simms as a...
