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Stripe Capital Extends Business Lending To Online Platforms

PYMNTS

Payments giant Stripe is taking Stripe Capital , its push into online business finance and lending, to the next level. Stripe Capital first got off the ground in September 2019, offering customers and businesses financing options through its online platform. So we built Capital for platforms: [link].

Capital 302
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CRE risk management: Navigating hazards and opportunities

Abrigo

Stress testing, monitoring are essential Financial institutions should challenge assumptions about CRE risk while also watching for red flags as they manage the CRE portfolio. WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters.

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Retail Dispute Management Firm Chargeback Raises $6.6M

PYMNTS

Retail dispute management system Chargeback announced Monday (June 8) that it has closed a $6.6 Chargeback said the money will accelerate its growth and ability to help online and offline retailers decrease credit card disputes, achieve higher win rates and retain more revenue. million Series A1 funding round.

Retail 142
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Driving Retail’s Rebound With A Human Capital Revamp

PYMNTS

Retail has been among the sectors most dramatically impacted by the pandemic, though it’s impossible to paint the industry with a broad brush. With widespread furloughs and a growing wave of bankruptcies , many retailers were hit hard. “Flexibility and agility are the common factors among the retail winners,” said Orr. .

Capital 277
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Brookfield Asset Management Raises A Record $23B

PYMNTS

Alternative-asset manager Brookfield Asset Management said it raised a record $23 billion in Q2 and foresees speeding up the pace of investments in the wake of the pandemic’s disruption. Separately, Brookfield is going to spend $5 billion in an effort to get the retail mall industry back on track following COVID-19 per news in May.

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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. Some retailers are just excellent about telling stories about themselves and about the products that they're selling,” Taylor told PYMNTS.

Retail 226
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PayPal Invests In Extend As Merchants Seek New Ways To Boost Online Conversion

PYMNTS

Even online merchants who offer customers extended warranties at the time of sale traditionally see about a 4 percent or 5 percent conversion rate. Retailers] are seeing double-digit higher conversion rates when an extended warranty is shown – not on the extended warranty, but conversion rates on the product itself,” Levin said.

Online 334