PYMNTS

APRIL 10, 2020

After having notched more than $110 million in equity funding in the past, India’s Capital Float has received a top-off of $4.8 Sashank Rishyasringa and Gaurav Hinduja rolled out Capital Float in 2013. It aids small manufacturers, business-to-business (B2B) service providers and online retailers. million from current investors.

Capital 230

Capital Lending Fintech Meeting 230

PYMNTS

APRIL 13, 2020

Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales data on Wednesday, retailers will get a sense of how much consumers are spending and the retailers they are spending with. For retailers, there are no surprises from March.

Retail 216

Retail Data Capital New York 216

Bank Innovation

OCTOBER 25, 2018

First PayPal and now Capital One have noted the significance of their partnerships with the retailer in recent earnings calls. Just yesterday, in Capital One’s 3Q18 earnings call, Richard Fairbank, CEO and chairman, mentioned that Capital One will be the exclusive issuer of Walmart […].

Capital 186

Capital Retail Online Cards 186

Bank Innovation

JUNE 26, 2019

Banks have focused much of their innovation efforts on retail in recent years, with corporate banking services taking a backseat. Capital One announced on Friday that it was acquiring BlueTarp, a business-to-business credit company. Capital One […].

Capital 170

Capital Innovation Retail Company 170

PYMNTS

DECEMBER 24, 2020

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

Retail Branding Minneapolis Trends 295

PYMNTS

NOVEMBER 9, 2020

“We are essentially taking glass doors that were probably underutilized and not asking the retailer for any additional physical space.”. From a business standpoint, we believe that things like sales lift are obviously a really important metric,” Dravenstott said, “and you don't hear that much in brick and mortar retail.

Retail 277

Retail Innovation Video Chicago 277

PYMNTS

DECEMBER 7, 2020

Capital One Financial Corp (CapOne) is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “risky,” Reuters reported on Monday (Dec. BNPL transactions allow users to pay for merchandise across several installments interest-free, while also paying the retailer in full at the time of the sale.

Capital 184

Capital Cards Millennials Regional 184

PYMNTS

OCTOBER 19, 2020

Silicon Valley checkout-free, autonomous retail startup AiFi has secured a new round of funding, bringing its total raised to $30 million, the company said in a press release on Monday (Oct. The company said by going cashierless, stores will see an increase in productivity and profitability while making things more convenient for shoppers. .

Retail 226

Retail Security Texas California 226

PYMNTS

NOVEMBER 5, 2020

From where things stand in Q4 2020 it’s not hard to imagine physical retail going extinct. Noting the ways COVID has permanently changed retailing, CNBC recently reported , “As more and more stores go dark at the mall, some major retail executives are looking to grow outside of it — a tactic they hadn’t touted so publicly before.

Retail 252

Retail Millennials Online Report 252

PYMNTS

NOVEMBER 10, 2020

The David’s Bridal application was built by Vertebrae , a tech company that specializes in bringing real-world applications to retailing. Vince Cacace , CEO of Vertebrae, told PYMNTS that AR in 3D has become a high-demand technology for all kinds of products and retailers. “We How does it work on me? How does it work in my space?

Retail 261

Retail Technology Training Online 261

PYMNTS

JUNE 26, 2020

McNicoll said the quick gains aren’t surprising, as physical retail stores essentially closed down worldwide for months. Access to capital has been tough for everyone in this environment,” McNicoll said. Ultimately, the luggage company secured a working capital loan from Payoneer to help finance its pivot.

Retail 318

Retail Online Capital ATM 318

PYMNTS

NOVEMBER 16, 2020

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

Retail Regional Branding Tools 226

PYMNTS

JUNE 26, 2020

To provide retailers with the ability to attain working capital, India-based payment gateway and online shopping platform Instamojo rolled out InstaCash. Retailers can receive loans for as much as Rs 1 lakh ($1,322.26) for a time ranging from seven to 14 days with the offering, The Economic Times reported.

Capital 168

Capital Retail Meeting Payments 168

PYMNTS

JANUARY 11, 2017

Lynch, the onetime chief executive of Frederick’s of Hollywood, have joined forces to provide a new avenue for funding to retailers. According to a report by Bloomberg , the two are making the move to capitalize on an overhaul of shopping malls. It’s also aiming the funding at struggling retail chains.

Capital 100

Capital Lending Retail Industry 100

PYMNTS

JANUARY 12, 2021

As reported , Walmart is working with Ribbit Capital to create an as-yet unnamed FinTech that would, the companies said on Monday (Jan. 11) “bring together Walmart’s retail knowledge and scale with Ribbit’s FinTech expertise to deliver tech-driven financial experiences tailored to Walmart’s customers and associates.”.

Capital 155

Capital Fintech Retail Tools 155

PYMNTS

DECEMBER 17, 2020

Fashion retailer rue21 (r21 Holdings, Inc.) The retailer modified its asset-based credit facility to bolster availability to $155 million due 2025 headed up by Bank of America, N.A. The retailer also opened three new physical retail shops, with another 15 in the works for 2021. million members.

Retail 141

Retail Pennsylvania America Capital 141

PYMNTS

JUNE 24, 2020

The retailer, along with Harbin Pharmaceutical Group Holding Co., Additionally, the retailer has secured roughly $130 million in further liquidity. GNC foresees that it will speed up the shuttering of at least 800 to 1,200 retail locations. At that time, improved bids can be brought forward.

Retail 186

Retail Strategy Branding Security 186

The Paypers

FEBRUARY 20, 2024

Netherlands-based financial services provider Mollie has announced the launch of Mollie Capital in the UK to provide retailers with up to GBP 250,000 in financing for growth.

Capital 45

Capital Retail 45

PYMNTS

JANUARY 19, 2021

Chuck Huang, founder and CEO of Citcon , explores how the pandemic has prompted retailers to capitalize on the surge in demand for contactless, digital payments. "As Progressive retailers have paved the way for this with email collection at registers, enabling them to connect their customers’ behavior in-store with them online.

Retail 211

Retail Payments Online Marketing Strategies 211

Bank Innovation

DECEMBER 30, 2019

For Personal Capital, the path to scale is go broad. The company this month hit a milestone of $12 billion in assets under management, which it sees as evidence its digital and human approach is yielding results.

Capital 259

Capital Management Company Customer Experience 259

PYMNTS

DECEMBER 28, 2020

The dreaded returns season has hit retail with a predictable but painful thud. With Mastercard putting a 49 percent tag on the eCommerce spike for the holidays, this year will be the toughest on record for handling what is a resource- and capital-intensive task. In the brick-and-mortar retail era it was a nuisance to be avoided.

Customer Experience 216

Customer Experience Retail America Branding 216

BankInovation

FEBRUARY 19, 2024

Capital One Financial Corp. McLean, Virginia-based Capital One will pay 1.0192 of its own shares for each Discover share, a 26.6% agreed to buy credit-card lender Discover Financial Services in a $35 billion all-stock deal to create the largest US credit card company by loan volume. premium to the closing price on Feb.

Capital 68

Capital Virginia Cards US 68

PYMNTS

FEBRUARY 24, 2020

Another bankruptcy; another week of trying to sort out the problems at retail. simply has too many stores to support them all and the “retail apocalypse” is simply as natural as a snake shedding skin. The issue was raised by Horan Capital analyst David Templeton in his Monday (Feb. square feet of retail space for every consumer.

Retail 168

Retail Comparison Maine Online 168

PYMNTS

JANUARY 7, 2021

In today’s top retail news, Walgreens Boots Alliance, Inc. reported that its Retail Pharmacy USA segment had $27.2 Walgreens Retail Pharmacy USA Reports $27.2 reported as part of its Q1 fiscal 2021 earnings that its Retail Pharmacy USA segment had $27.2 Billion In Sales. Walgreens Boots Alliance, Inc.

Retail 172

Retail New York City New York Texas 172

PYMNTS

JUNE 8, 2020

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

Retail Management Customer Experience Capital 142

PYMNTS

JANUARY 25, 2021

The National Retail Federation ’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast — especially when it comes to their embrace of increased digitalization. Stores As Social Centers.

Community 269

Community Retail Strategy National 269

PYMNTS

MARCH 12, 2020

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

Retail US Survey Examples 169

PYMNTS

MAY 22, 2020

Bad news hit the startup community this week as new analysis from CBInsights revealed a significant decline in venture capital (VC) funding in the first quarter of 2020. The company connects SMBs to invoice financing via is mobile app Bridge2Capital, targeting retail shopkeepers with a way to finance their outstanding payables.

Capital 141

Capital Analytics Fintech Report 141

PYMNTS

JUNE 15, 2020

Square Capital LLC processed more than $820 million in Small Business Administration (SBA) Paycheck Protection Program (PPP) forgivable loans in six weeks, the firm reported. Last year, Square Capital did $2.3 Of that number, 60 percent of the borrowers had never before received a loan through Square Capital.

Capital 141

Capital San Francisco New Jersey Massachusetts 141

PYMNTS

JUNE 15, 2020

The pandemic’s harsh impacts on retail continue to show themselves as brands report plummeting quarterly earnings and eye additional store closings. And one retail expert says what is taking place is more an interaction revolution than a post-pandemic eCommerce revolution. . 1 to April 30 due to the pandemic. €1B

Retail 150

Retail America Data Strategy 150

Bank Innovation

DECEMBER 10, 2019

Power study reports that mobile banking adoption for small business owners has surpassed adoption for retail banking customers. consumers may be hesitant to adopt mobile payments, small businesses are more open to it. A recent J.D. The findings from the research firm’s 2019 U.S.

Retail 259

Retail Mobile Study Report 259

PYMNTS

JULY 3, 2020

Retail CEOs faced a parade of problems in 2020’s first six months, but some executives look ready to set off plenty of fireworks in the year’s back half. . Here’s a July 4 th look at some top executives in retail who seem ready to declare their independence from business as usual in 2020’s final six months. . John Donahoe, CEO, Nike.

Retail 267

Retail Apple Branding Marketing 267

PYMNTS

JULY 19, 2020

Drop Delivery is touted as the first all-in-one system for cannabis retailers to use for developing a business in a safe and compliant manner. Equifund CFP CEO and Founder Jordan Gillissie said the capital raising is being done to help the industry come into the new digital age.

System 218

System Capital Payments Regulation 218

PYMNTS

OCTOBER 7, 2016

Capital One has reportedly inked a deal to acquire Paribus, a price tracking service, as the credit card company makes another acquisition in the FinTech space. While the terms of the deal were not disclosed, the report noted the acquisition includes bringing the team of Paribus and its technology under the Capital One umbrella.

Capital 191

Capital Online Retail Cards 191

PYMNTS

MARCH 31, 2020

As recently as a few years ago, it was often difficult to get retailers to think seriously about unattended retail as an expansion or extension of their business. That shift in consumer preferences is driving an ever-expanding digitization of the physical retail experience, he noted. While that is a growth area, Layden Jr.

Retail 175

Retail New Jersey Oregon Technology 175

PYMNTS

MARCH 27, 2020

The divide between essential and non-essential retail grows bigger by the day as deep discounters and dollar stores continue to add stores, employees and revenue during the COVID-19 crisis. We’ve had pretty much 100 percent cancellation from all major retailers,” he said , naming Macy’s Inc., Nordstrom Inc., TJX Companies Inc.

Retail 130

Retail Capital Groups Community 130

BankInovation

OCTOBER 27, 2023

Capital One’s technological advances allowed the bank to expand underwriting, modeling and marketing in the third quarter of 2023. “Our Our modern technology capabilities are generating an expanding set of opportunities across our businesses,” Chief Executive Richard Fairbank said during the bank’s Q3 earnings call Thursday.

Capital 66

Capital Technology Examples Marketing 66