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Why The Biggest US Retailer Will Stick To Stamps

PYMNTS

Quick: Who’s the biggest retailer in the U.S.? In terms of sheer size and locations, the United States Postal Service (USPS) is the biggest retailer in the country, with 31,000 locations covering pretty much every town. Now, a new report is asking a good question: What if the post office expanded its retail offerings?

Retail 169
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The 2014 GonzoBanker Awards

Gonzobanker

It’s time for the 2014 GonzoBanker Awards! Rise of the Analytics Organization in a Dog-Eat-Dog World – Brush off your resumes Gonzoanalysts, at our client roundtables we heard about analytics organizations being formed and analysts and managers being hired to head them. but let’s just dive into it! THE BANKING AWARDS.

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Amazon Replacing Retail Vets With Software

PYMNTS

Amazon is replacing some of its retail veterans with software that predicts what shoppers want and how much merchants should charge for it. The shift to automating retail team jobs started several years ago with an initiative called “hands off the wheel.” Amazon is so cutthroat and crowded,” she says.

Software 108
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Subscription Commerce Is Expanding Beyond Retail

PYMNTS

Subscription commerce is attractive to entertainment platforms as well as retail businesses because it locks in revenue streams, and customer data can help with planning and forecasting. Subscription commerce isn’t immune to the retail data breaches that have become widespread, though it does have different payment issues.

Retail 118
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German FinTech N26 Eyes IPO With Hiring Of New CFO

PYMNTS

The former CFO of Zalando SE, one of Europe’s most successful eCommerce retailers, Kemper was instrumental in leading the company’s IPO in 2014 on the Frankfurt stock exchange. Dropbox leader Adrienne Gormley will become the chief operating officer. The company operates in 25 countries and employs more than 1,500 people.

Fintech 254
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LendingPoint Unveils Retail Financing Platform

PYMNTS

To help merchants and other service providers convert more consumers at the point of sale, LendingPoint has unveiled LendingPoint Merchant Solutions, a platform that will provide fully integrated one-stop retail financing, the company said in an announcement. The move comes after the company acquired LoanHero in Dec.

Retail 100
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Flipkart Switches Up Top Management Again

PYMNTS

India’s top eCommerce company Flipkart has gone and switched up its top management positions for the second time in the past year following a series of valuation write-downs across 2016. Kalyan Krishnamurthy, former managing director of Tiger Global, was reportedly named the new CEO of Flipkart after joining the company this past June.