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MoneyLion names Samantha Roady COO in preparation for ‘exponential’ customer growth

Bank Innovation

Personal finance, banking and investment platform MoneyLion has named Samantha Roady chief operating officer as it makes moves to expand its customer base. Roady, who has been on MoneyLion’s board of directors since 2016, was previously a founding partner at GAIN Capital and president of its global retail brokerage business.

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Digital-First Economy Redefines Retail And Consumer Behavior

PYMNTS

When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. They and others have succeeded because they entered the market independent of traditional retail, and because their business model fit the needs of the pandemic.

Retail 295
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Eddie Bauer And Pacific Sunwear Combined In New Operating Company

PYMNTS

After news surfaced in May that Golden Gate Capital was considering a merger of Eddie Bauer and Pacific Sunwear of California , the private equity firm has created a new operating company comprised of the two retailers. Both brands have made great progress in the past 24 months and have generated strong performance.

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SEC Appoints Small Business Capital Committee Members

PYMNTS

Securities and Exchange Commission has appointed members to its newly-formed Small Business Capital Formation Advisory Committee as it works to support small business access to capital. The SEC’s new advocate for small business capital formation, Martha Legg Miller, and 15 other members are also a part of the team, reports said.

Capital 108
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India’s Retail Battle Attracts Fresh Energy

PYMNTS

One of the biggest retail stories as we head into 2020 is how India is a battlefield of digital commerce, along with a hotbed of retail innovation. The company was founded in 2016. The eCommerce retailer is said to be working with Catamaran and has started hiring workers for the operation per unnamed sources, Reuters reported.

Retail 108
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India Closes 2016 On Top

PYMNTS

FinTech is no stranger to this pattern, and while venture capital levels have seemed to dwindled in certain markets (analysts found VC funding down by 29 percent in 2016 compared to last year), B2B startups remain the apple of many investors’ eyes. India saw a particularly lucrative year. India saw a particularly lucrative year.

Capital 124
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Retail Pulse: CVS, UPS Test Drone Potential; Birchbox Grows Walgreens Partnership

PYMNTS

Brick-and-mortar retailers are teaming with logistics firms to test drones for delivery — and making progress on their experimental flights. A remote operator monitored them and could step in if needed.) Department of Transportation’s Integration Pilot Program, starting in 2016. UPS subsidiary UPS Flight Forward Inc.

Retail 101