article thumbnail

Drip Capital Aims To Create Trade Finance Network For Cross Border Buyers, Suppliers

PYMNTS

And enter Drip Capital , the middleman that serves as the financial grease that enables trade to flow, easing concerns of both buyers and suppliers. said Pushkar Mukewar , co-founder and CEO of Drip Capital in a conversation with PYMNTS’ Karen Webster. When you think of any cross-border transaction — let’s say an importer in the U.S.

Capital 259
article thumbnail

Farfetch Raises $250M To Grow Luxury Fashion Platform

PYMNTS

Farfetch will use the capital to continue growing and expanding into new markets, particularly China. We are excited to build on our cooperation with Farfetch and support the company as it accelerates its growth in China and enhances its customer experience and offerings in the region,” said Martin Lau, Tencent’s president.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Visa Taps Chris Newkirk To Serve As Chief Strategy Officer

PYMNTS

To lead strategic planning for the firm overall and in conjunction with its regional teams, Chris Newkirk is coming to Visa Inc. Newkirk has held multiple leadership roles at Capital One since 2008, most recently as president of Small Business, International & Walmart Partnership. as its new chief strategy officer.

Strategy 131
article thumbnail

The Bank Legacy Is Dead: Long Live the Fintech Collision

Gonzobanker

Instead, stories and conversations were salted with examples of fintech investments, BaaS opportunities, customer experience transformation, crypto integration, and even blockchain experiments and the potential of DeFi. The grassroots of community and regional banking will no longer be vanilla operations geographically focused.

Fintech 166
article thumbnail

Shogun Brings Big Retail Tech To Digital-First Retailers

PYMNTS

Four years and $35 million in venture capital funding later, Taylor’s company is expanding and simplifying the ability for eCommerce companies to build sophisticated yet simple web stores. It enables companies like Leesa to import their product data during an expansion to a new region. A new Shogun was born.

Retail 226
article thumbnail

Walgreens Fights Promotion Abuse With Digital Tracking

PYMNTS

Fraudsters are also capitalizing on the holiday shopping season as merchants experience higher online shopping rates than ever before due to social distancing orders. Other fraudsters are deploying phishing schemes to net their ill-gotten gains, either using the stolen data themselves or selling it online.

Fraud 255
article thumbnail

Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

Popular Bank is optimizing its resources to better support the changing customer experience and enhance our offering to consumers and small businesses. Customers will continue to have access to Popular’s digital banking tools, as well as the 55,000 ATMs within the AllPoint Network 1 across the United States. New York Metro.