November 13, 2022
Walmart Tells Suppliers No to Higher Prices
With the economy slowing, Walmart’s CEO is warning suppliers that the retail giant is through paying higher prices. That’s according to a report by The Wall Street Journal, citing accounts...
November 13, 2022
Thousands Complain to BBB About Slow Payments From Sports-Betting Apps
Consumers have filed roughly 2,400 complaints against the three largest U.S. sports betting operators in the last three years, citing delays or glitches in withdrawing winnings. That’s according to a...
November 11, 2022
Report: Shein to Open First Brick-and-Mortar Showroom in Tokyo
Fast-fashion eCommerce retailer Shein is reportedly preparing to open its first brick-and-mortar location. The two-story showroom is to open in Tokyo Sunday (Nov. 13), Bloomberg reported Thursday (Nov. 10). Located...
November 10, 2022
Report: Fast-Fashion Retailer Shein Tests B2B Program in Brazil
Fast-fashion eCommerce retailer Shein is reportedly piloting a B2B program in Brazil that allows brands to offer their products for sale on the firm’s platform. The trial program began in...
November 10, 2022
Egyptian Digital Lender Blnk Raises $32M
Blnk, an Egyptian buy now, pay later (BNPL) startup, has raised $23.7 million in equity and debt funding and a further $8.3 million via securitized bond issuance. The capital will...
November 10, 2022
Nigeria’s SMEs Boost Traffic and Cut Fraud With Cardless Transfers
Card payments, as ubiquitous as they may appear, are actually not the preferred payment method in certain markets. Take the case of Nigeria, for example. According to Lagos FinTech firm...
November 09, 2022
Bankful Merchants Can Now Offer Consumers BNPL Option
Payment gateway Bankful and buy now, pay later (BNPL) provider Sezzle have partnered to enable Bankful’s merchants to offer their customers the option of paying in monthly installments. Bankful, which...
November 09, 2022
BNPL for Business Finds Home in Furniture Marketplaces
B2B eCommerce furniture and home décor marketplace HomeRoots has announced that its payments solution will be powered by B2B payments firm Balance and will bring a buy now, pay later...
November 09, 2022
How the New Anti-Merger Policy May Be the New Antitrust...
Neo-Brandeisian policies that would chill acquisitions by highly capitalized companies, or companies with 30%+ market share in some related market, would remove from the competitive race the companies that often...
