Articles with tag: retail

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Flux, H&M partner to introduce digital receipts

16 Oct 2020 | E-invoicing, SCF & E-procurement

UK-based retailer H&M has decided to adopt digital receipts with the help of fintech Flux, according to AltFi.

Flux, H&M, digital receipts, retailer, Europe, United Kingdom, fintech, partnership, fashion, fast food, Schuh, Giraffe, KFC, Just Eat, banks, Monzo, Starling, Barclays, fintech accelerator, Barclays Rise, startup, Launchpad

Rapyd, InComm Payments partner to support cash payments in the US

15 Oct 2020 | Online Payments

Rapyd has entered into an agreement with InComm Payments to enable cash bill pay and load solutions at participating retailers across the US.

Rapyd, InComm Payments, cash bill pay, retailers, US, billers, credit card, debit cards, e-wallets, card issuing, disbursement, cash payments

Zilch, Credit Kudos partner for Buy Now Pay Later credit assessment

15 Oct 2020 | Online & Mobile Banking

Buy Now Pay Later (BNPL) provider Zilch has partnered with challenger credit reference agency and Open Banking provider Credit Kudos to better assess affordability of its customers. 

Zilch, Credit Kudos, Buy Now Pay Later, BNPL, credit assessment, challenger, credit reference agency, open banking, affordability, alternative credit, instalments, credit, UK, pandemic, BNPL Mastercard, online retailer, payments

Fintech Laybuy partners with Manchester United

14 Oct 2020 | Payments General

New Zealand-based Laybuy has teamed up with Manchester United to become the football club’s official buy-now-pay-later partner, according to AltFi

Fintech, Laybuy, Manchester United, New Zealand, United Kingdom, UK, buy now pay later, partnership, football club, interest-free, payments, retail platforms, Premier League, Australia, stock exchange, IPO, coronavirus, pandemic

Cover Genius gets AUD 15 mln to support expansion of global partnerships

14 Oct 2020 | Payments General

Cover Genius, a global insurtech company, has raised AUD 15 million as it expands its product suite and partner network globally.

insurtech, ecommerce, retailers, insurance, funding, online companies, technology

Nuvemshop raises USD 30 mln to further support SMBs with online presence

14 Oct 2020 | Ecommerce

Nuvemshop, a commerce platform operating in LATAM, has closed a USD  30 mln Series C round to further support SMBs seeking to launch, develop and promote their own online business.

Nuvemshop, funding, SMBs, merchants, retail, digital payments, investment

Walmart, Flipkart make additional investment in Ninjacart

13 Oct 2020 | Ecommerce

Walmart and Flipkart have announced a fresh round of investment in Ninjacart, the supply chain platform that connects farmers of fresh vegetables and fruits with kiranas and businesses.

Walmart, Flipkart, investment, Ninjacart, kiranas, India, retailers, COVID-19, delivery, Supermart, Flipkart Quick, e-grocery

UnionBank, Lazada announce Philippines' first ecommerce debit card

13 Oct 2020 | Cards

The UnionBank of the Philippines and Lazada online shopping center have announced the launch of the country's first ecommerce debit card, according to ATMmarketplace.com.

UnionBank, Lazada, ecommerce, debit card, retail, merchants

UnionPay launches a QR code payment solution to help retailers in Australia and New Zealand

12 Oct 2020 | Mobile Payments

UnionPay has launched UnionPay QR code payment technology to merchants in Australia and New Zealand.

UnionPay, UnionPay QR code, merchants, Australia, New Zealand, merchant, mobile payments, COVID-19, cardholders, scan&go, e-wallet, retailers

Hindustan Unilever, State Bank of India offer digital financing solutions for retailers

09 Oct 2020 | Payments General

Hindustan Unilever (HUL) has partnered with the State Bank of India (SBI) to provide digital payment solutions for small retailers in India.

Hindustan Unilever, Unilever, HUL, State Bank of India, SBI, India, digital payment, cashless payment, retail, mobile payment, retailers, financing

Consumers' preferences across Europe regarding pay later solutions - interview with AfterPay

09 Oct 2020 | Online Payments

Pay Later solutions are becoming increasingly popular: consumers are more likely to opt for ‘try first- pay-later’ solutions and like to have the option to split payments. We spoke with Johan Rönnerman of AfterPay to learn more about consumers’ preferences across Europe

AfterPay, Johan Rönnerman, pay later, split payments, security, pay after, ecommerce, merchants, payments, Arvato Financial Solutions, retail

FCA bans crypto-derivatives selling to retail consumers

08 Oct 2020 | Cryptocurrencies

The FCA has published final rules banning the sale of derivatives and exchange traded notes (ETNs) that reference certain types of crypto assets to retail consumers, starting with 6 January 2021.

FCA, UK, crypto derivatives, retail, exchange traded notes, ETNs, derivatives, crypto assets, Bitcoin, Ether, Ripple, tokens, contract for difference, CFDs

Foot Locker selects Adyen to power in-store and online payments internationally

08 Oct 2020 | Ecommerce

Adyen has been selected by Foot Locker, the specialty athletic retailer, to power payments in various markets and sales channels globally. 

Adyen, Foot Locker, retail, in-store payments, online payments, PSP, customer experience

H&M fined EUR 35.2 mln fine over violating EU privacy rules

07 Oct 2020 | Digital Identity, Security & Online Fraud

Privacy regulators in Germany have posed to H&M a fine of EUR 35.2 million for violating EU privacy laws.

H&M, data privacy, law, GDPR, retail, fine, regulation, compliance

Macy's selects Klarna to offer its customers pay later option

06 Oct 2020 | Ecommerce

Klarna has partnered with Macy’s, to offer customers the ability to select to pay in four equal, interest-free instalments at online checkout.

Klarna, pay later, Macy's, instalments, retail, checkout conversion

Walmart sells Asda to UK-based businessmen in GBP 6.8 bln deal

06 Oct 2020 | Ecommerce

Walmart has announced a deal to sell supermarket retailer Asda to UK-based businessmen, the Issa brothers.

Walmart, deal, retailer, Asda, UK, Issa brothers, ecommerce, acquisition, COVID-19

Venio expands mobile payments services across the Philippines

06 Oct 2020 | Mobile Payments

Venio, a mobile application providing ‘nano-credit’ facilities to unbanked consumers in emerging markets accessed via a smartphone, has expanded its services nationwide across the Philippines.

Venio, mobile app, financial inclusion, Philippines, loans, nano-laons, credit, retailers

STCPay e-wallet selects Temenos to expand digital payments portfolio

06 Oct 2020 | Online Payments

Temenos has announced that the e-wallet STCPay has selected Temenos Payments and Temenos Transact running on a private cloud to expand its digital payments capabilities.

Temenos, STCPay, e-wallet, digital payments, cashless, contactless, retail

Castles Technology completes Spire Payments acquisition

05 Oct 2020 | Payments General

Taiwan-based PSP Castles Technology has acquired the business and assets of UK-based Spire Payments, according to electronicpaymentsinternational.com.

Castles Technology, Spire Payments, payment solutions, software app, payment development, transactions, online payments, PSP, user experience, in-store acceptance, value-added, merchants, retailers, Taiwan, UK, United Kingdom

Pinterest to roll out new site tools and UK shopping feature

05 Oct 2020 | Ecommerce

Pinterest has announced is adding new shopping tools to its platform, and enabling UK-based users to shop on its site, ahead of the Christmas season.

Pinterest, shopping tools, to its platform, UK, COVID-19, Pinterest Lens, US, retailers, online shopping, ecommerce