Category: Retail

April 24, 2024

Embedded finance platforms hold the key to ensuring both buyers and sellers feel empowered within online marketplaces. To understand how this can truly be achieved, we reached out to the industry. Finance automation must be adopted Rick Verma, head of […]

April 20, 2024

Laybuy is not the first BNPL whose value has taken a dive. In Q1’23, the Australia-based BNPL Openpay announced it was going into receivership following an all-time high total transaction volume. Additionally, in Q4’23, ZestMoney, the Bengaluru-based BNPL also announced […]

April 19, 2024

UK-based Finastra has rolled out its Solution Store, an online platform that offers customers retail lending solutions. The Solution Store provides customers with the ability to buy retail lending solutions seamlessly, eliminating the necessity for meetings, emails, phone calls, or […]

April 3, 2024

According to recent the latest Juniper Research report, the global embedded finance market currently boasts a total transaction value of around $92billion. By 2028, it forecasts this value to hit around $228billion, estimating 148 per cent growth across just four […]

March 11, 2024

Mastercard and Nexi are joining forces to build an integrated digital payment ecosystem by advancing Mastercard Open Banking-powered solutions that offer secure, seamless payment experiences with more choices for consumers when shopping online. Bart Willaert, EVP of international open banking […]

January 16, 2024

“It’s telling that a significant proportion of fraudsters think retailers themselves enable the practice. “Retailers must strike a delicate balance between facilitating sales and minimising fraud risks, but it’s clear from our findings that many don’t get it right. One […]

January 12, 2024

The approval of the first spot Bitcoin exchange-traded funds (ETF) in the United States will open the crypto market to billions of dollars of institutional capital. According to public trading data, the total volume across the 10 approved spot Bitcoin […]

January 9, 2024

BitPay, a leading cryptocurrency payment service provider, has expanded its digital currency offerings, enabling transactions with several new cryptocurrencies at high-end retailers. The company now supports Uniswap (UNI), Chainlink (LINK), Binance Coin (BNB), and Basic Attention Token (BAT (LON:BATS)), alongside […]

January 2, 2024

News of the sale first broke in May 2021, with HSBC reportedly having paid more than €1 billion for New York-based private equity firm Cerberus Capital Management to take its loss-making French branches off its hands. As of 1 January […]

December 29, 2023

The cryptocurrency market’s capitalization metric has been trading within a relatively narrow upward channel for the past 10 weeks. This indicates that bullish momentum has remained intact despite recently failing to break above the $1.7-trillion market cap resistance. In December, […]

December 28, 2023

Trade credit insurance provider Allianz Trade, B2B e-commerce payments platform Two and Santander Corporate & Investment Banking (CIB) teamed up in January to offer the first global B2B buy now, pay later (BNPL) solution for corporates. The solution enables corporates […]

November 29, 2023

Generative AI is rapidly altering the landscape for e-commerce professionals with applications ranging from effective supply chain management to tailored client experiences. The application of generative AI has transformed e-commerce and offered cutting-edge fixes to improve almost all facets of […]

October 17, 2023

Bitcoin continues to trade above $28,000 on Tuesday, maintaining its position near a two-month high. The cryptocurrency’s resilience is attributed to an unexpected 0.7% rise in U.S. retail sales for September. After a dip from Monday’s peak of $30,000 to […]

October 16, 2023

Everything is changing – fast. Economies are being buffeted by macroeconomic headwinds and rocked by geopolitical shocks. Customers are making different demands, societies are shifting unpredictably, and technological disruption is creating new competitors that are posing a potentially serious challenge […]

October 13, 2023

“We’re still in the early innings” of embedded payments, Hersh Mansukhani, vice president of platforms and embedded payments at Fiserv, told PYMNTS’ Karen Webster. “The platformization of the world is occurring, and software is getting into places where it never […]

October 10, 2023

UK-based retail banking company Lloyds Bank has developed a digital trading solution that aims to support businesses to transact more efficiently. The new solution allows clients to request digital Direct Guarantees or Standby Letters of Credit, aiming to help them […]

August 31, 2023

Existing investors Creandum, 10x Founders and Angel Invest also took part in the round, alongside a number of angel investors. According to TechCrunch, the Series A took place at a valuation of around $80 million to $90 million, and follows […]

August 16, 2023

Fiserv’s findings align somewhat with the U.S. Department of Commerce’s analysis released Tuesday. Excluding food, auto and fuel purchases, overall retail sales rose 5% in July year-over-year. The federal department also reported an 8% decline in furniture and home-related purchases. […]

July 20, 2023

On July 13, 2023, United States District Court Judge Analisa Torres ruled that Ripple’s XRP (XRP) token should not be considered a security when sold on retail digital asset exchanges. Stuart Alderoty, chief legal officer at Ripple, told Cointelegraph that […]

July 12, 2023

The partnership seeks to provide new flexibility for onboard sales and to boost the inflight retail experience for Southwest Airlines’ customers. According to the official press release, most.Onthego aims to combine product management, payment hardware solutions, and payment processing capabilities […]