Trends: Finance

Article about trends in Finance

  1. Technology & Innovation

How Jack Dorsey’s Cash App plans to become a super app

Jack Dorsey’s Cash App plans to be come a super app in order to rival PayPal as it aggressively integrates its buy now, pay later (BNPL) subsidiary Afterpay. Block, formerly… The post How Jack Dorsey’s Cash App plans to become a super app appeared first on Latest Retail Technology News From Across The Globe – […]
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  1. Trends & External Forces

Dutch Fintech in3 raises $85.3 million series B round and announces partnership with Mollie

in3, a Dutch ‘Buy-Now-Pay-Later’ (BNPL) fintech has today announced a $85.3m Series B funding round from the British VC Force over Mass, U.S. institutional asset manager Waterfall Asset Management LLC and Dutch investor Finch Capital.  Launched in 2018, in3 gives consumers the option to pay in 3 instalments without interest or other hidden costs. Current customers […]
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  1. Shopper & Customer

How Millenials and Generation Z Are Driving New Spending Methods

The retail and commerce industries are emerging from COVID-19 radically altered. These changes stem not only from the pandemic and its rippling after effects, but also from the rapid shifts in consumer dynamics, behaviors, and desires. In this altered economy, millennials and Generation Z are steadily becoming dominant demographics. And businesses need to completely rethink […]
3 min read
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  1. Data & Insights

Retail Traffic Trends #77: The Rise of Retail Subscriptions

Can you count on one hand how many subscriptions your household is subscribed to? Over 62% of households are now subscribed to at least one retail membership. Not surprisingly, 54% of U.S. households are subscribed to Amazon Prime. This week we dive deep into emerging retail subscription services and the potential of a BNPL bubble. […]
2 min read
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  1. Corporate Finance

The e-commerce boom is still afoot in Africa, Jumia’s earnings indicate

Jumia, the pan-African e-commerce company and sole tech company based on the continent listed on the NYSE, released its first-quarter financial performance today. The company’s results included consistent growth but lapses in some areas compared with Jumia’s previous quarter.  As always, the first page of every Jumia report highlights its year-over-year wins. The first quarter […]
3 min read
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  1. Corporate Finance

BNPL sector ‘a bubble’ not a boom, Harvard analyst suggests

The buy now, pay later (BNPL) sector has been referred to as a ‘bubble’ by Harvard fellow Marshall Lux. According to Experian, four in five US consumers use BNPL solutions… The post BNPL sector ‘a bubble’ not a boom, Harvard analyst suggests appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Technology & Innovation

VC Investments for Tech Startups Drop 26% in Q1 2022

Startups that had previously been seen as darlings have had to lay employees off and cut spending, canceling projects and generally scaling back ambitions, due to a seriously changed economy, The Wall Street Journal (WSJ) wrote Monday (May 16). This is all part of what WSJ characterizes as a changed playing field for companies, even […]
2 min read
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  1. Channel: Restaurants

Restaurants and Customers Agree: Short Lines Are Simply Better

Imagine sitting at a crowded restaurant after a meal with friends and it’s 11 p.m. at night. Suddenly, it seems everyone wants their check at the same time, leaving the few waiters struggling to cater to eager guests who already have one foot out the door. In an interview with PYMNTS, Adnan Haque, CEO at […]
3 min read
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  1. Partnerships & Alt Profit

Adyen expands global partnership with Afterpay

Adyen, the global financial technology platform for leading businesses, is expanding upon its partnership with BNPL giant Afterpay. Afterpay is working with Adyen to process payments across key markets including… The post Adyen expands global partnership with Afterpay appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Media & Marketing

Buy now pay later hits hospitality as Brighton’s Lucky Beach claims industry first

Lucky Beach cafe in Brighton says that it is the first hospitality business in the UK to introduce buy now pay later technology.  The initiative has seen Klarna working in partnership with storekit to deliver BNPL to the restaurants, cafes, and hotels which comprise the latter’s customer base. Lucky Beach was the beta client for […]
3 min read
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  1. International

FintechOS launches BNPL offering to help retailers enter booming market

FintechOS has launched a new buy now, pay later (BNPL) offering to allow traditional institutions to create, customise and roll-out their own  product as well as additional embedded lending solutions.… The post FintechOS launches BNPL offering to help retailers enter booming market appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Technology & Innovation

The Frothy Real Estate Market — with the cofounders of Esusu

Samir Goel and Abbey Wemimo, the cofounders and co-CEOs of Esusu, a fintech platform that captures rental data and reports it to credit bureaus to help renters build their credit scores, join Scott to discuss why real estate prices are through the roof and how their company is dismantling a few of the roadblocks that […]
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  1. Corporate Finance

As markets shift, MercadoLibre’s falling share price shows no company is safe

The declining valuations of major technology companies, including a host of recent IPOs, were partially triggered by lackluster guidance. As we saw this morning with Upstart, guidance can trump trailing results when it comes to setting investor sentiment about any particular company. For one company currently in the public market penalty box, however, the picture […]
2 min read
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  1. International

Nearly one in 10 ‘have used buy now pay later schemes for essentials’

Nearly one in 10 people have used buy now pay later (BNPL) schemes to cover essentials, according to a new report from Hargreaves Lansdown. The research reveals that one in… The post Nearly one in 10 ‘have used buy now pay later schemes for essentials’ appeared first on Latest Retail Technology News From Across The […]
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  1. Shopper & Customer

Interview: Chris Kronenthal, President and Chief Technology Officer, FreedomPay

Chris Kronenthal gives RTIH the lowdown on FreedomPay and discusses the importance of payments tech to retailers today.  RTIH: Can you explain your current role and what you do at FreedomPay? CK: I joined FreedomPay almost 14 years ago, and since then, we’ve become one of the world’s fastest growing FinTech companies.  We’re delivering Next […]
5 min read
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  1. Corporate Finance

New customers, increased spend and more orders: Why retailers should build an effective BNPL strategy

“It’s very hard to walk even ten minutes in London without seeing some sort of advertisement somewhere about BNPL,” Worldpay’s director of enterprise product commercialisation, Reshmi Suresh, told an audience… The post New customers, increased spend and more orders: Why retailers should build an effective BNPL strategy appeared first on Latest Retail Technology News From […]
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  1. Shopper & Customer

Rite Aid and Afterpay partner

SAN FRANCISCO — Afterpay and Rite Aid  announced a partnership Tuesday, offering Rite Aid’s online shoppers a new way to pay for everyday items in four installments at no additional cost when paid on time. This partnership will help customers access and spend responsibly on everyday goods with Afterpay’s budgeting tool. Justin Mennen “Our relationship with Rite […]
2 min read
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  1. Technology & Innovation

Upgrade gives hair stylists tools to market, sell custom wigs from one marketplace

One of Britney Winters’ goals is to “live a less tangled life.” She grew up in Houston and went on to attend Stanford and major in engineering. She worked on Wall Street as an investment banker for a few years in New York before returning to Houston with a job in energy. The company Winters […]
4 min read
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  1. Media & Marketing

Flyp wants to give power resellers enterprise-grade e-commerce tooling

There is no shortage of platforms out there to sell your old stuff. From thredUp and The RealReal to Facebook Marketplace to eBay, the tech world has long sought to capitalize on the generally wasteful attitude of consumerism over the last half century. But lurking among these platforms is a group not often thought about, […]
2 min read
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  1. Data & Insights

Affirm’s CTO talks transparency and the tech that makes BNPL possible

BNPL is not a new concept; it’s just taken off in recent years and become far more mainstream. Buy now, pay later lets people do exactly what its name suggests — buy something and pay for it later. The difference between BNPL and credit cards is that rather than charge the full amount of a […]
3 min read
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  1. Technology & Innovation

Industry Insider: Katia Walsh, Chief Global Strategy and AI Officer at Levi Strauss

We spoke with Katia Walsh, Chief Strategy & Artificial Intelligence Officer at Levi Strauss & Co., about the big trends she’s seeing in AI and Machine learning, how Levi’s is attracting top digital talent and why fostering a positive culture of innovation is critical for today’s retailers.     TRANSCRIPTION:   Katia Walsh: Hi, I’m […]
3 min read
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  1. Trends & External Forces

Dissecting the BNPL ‘Fairytale’

Over the past two years, the Buy Now, Pay Later space has exploded. Retailers of all sizes and across categories have embedded BNPL capabilities into their customer experiences to help boost shopper satisfaction and basket sizes.   But how will the tech landscape continue to evolve as consumer and retailer adoption rates rise? During this week’s […]
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  1. Shopper & Customer

80% of UK consumers believe retailers need to invest in new technology

According to new data from buy now, pay later (BNPL) giant Klarna, 80% of UK consumers believe retailers need to invest in new technology. The research demonstrates that UK shoppers… The post 80% of UK consumers believe retailers need to invest in new technology appeared first on Latest Retail Technology News From Across The Globe […]
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  1. Technology & Innovation

During #RICE22, Attendees Can Dive Deep, Go Broad or Both

Perhaps you’re laser-focused on discovering ways to maximize ecommerce revenue; perhaps you seek store designs that promote experiential retail, but on a budget; or maybe you want to determine whether live shopping and the metaverse are a fit for your business. Good news: you can satisfy your curiosity on these and dozens of other topics […]
2 min read
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  1. Channel: Ecommerce & Digital

Amazon Enables Prime Delivery Benefits at Other Retailers Using Fulfilled by Amazon

Amazon is extending Prime benefits to ecommerce sites beyond Amazon.com through the Buy with Prime option. Retailers who utilize Fulfillment by Amazon (FBA) will be able to add Buy with Prime to their own checkout process, which will allow Prime members shopping there to utilize Amazon Pay and benefit from two-day shipping and free returns. […]
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  1. Shopper & Customer

Study:  Buy Now, Pay Later Customers Are Overspending

LendingTree is out with a new study saying that “nearly 70% of buy now, pay later users admit to spending more than they would if they had to pay for everything upfront.” Here are some other key findings from the study: •  “43% of Americans have used a buy now, pay later (BNPL) service, an […]
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  1. Trends & External Forces

Wealthsimple transforme le secteur des services financiers du Canada avec AWS

L’une des principales entreprises de technologie financière (fintech) du Canada, Wealthsimple, révolutionne la manière dont les Canadiens interagissent avec leurs finances grâce aux services infonuagiques avancés offerts par AWS, notamment l’apprentissage automatique et la sécurité SEATTLE , 19
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  1. Data & Insights

Your Data Can Become Your Best Detective to Hunt Fraud

We’ve all felt the shockwaves of the e-commerce eruption. It’s transformed the way people and businesses make payments. What’s more, the amount of data it’s creating is swelling with every second. In just 10 years, the amount of data in existence went from 1.2 trillion gigabytes to a whopping 59 trillion gigabytes — that’s a rise […]
3 min read
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  1. Trends & External Forces

Buy Now, Fraud Later?

Buy now, pay later (BNPL) companies are the new normal online, having quickly become a $100 billion industry in the past few years. This growth is attracting more users, companies and investors to the sector. Unfortunately, fraudsters will also inevitably follow suit, so the industry must remain vigilant. This article offers insights into how BNPL […]
3 min read
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Editor’s Choice

  1. Channel: Delivery
  2. Channel: Delivery
  3. Department & Category
  4. Channel: Ecommerce & Digital
  5. Acquisitions, Divestitures & Mergers
  6. Corporate Strategy
  7. Corporate Finance
  8. Partnerships & Alt Profit
  9. Department: Food
  10. Data & Insights
  11. International
  12. Shopper & Customer
  13. Technology & Innovation
  14. Trends & External Forces
  15. Merchandising
  16. Operations & Supply Chain
  17. Stores & Formats

Flink, the German instant grocery upstart, snaps up France’s Cajoo for ~$93M, takes fresh Carrefour funding, sources say at $5B valuation

Instant grocery startups sprang up and grew like weeds during COVID-19, fueled by consumers opting to practice social distancing and ready to order their food and sundries at the tap of an app, and VCs seeing an gap in the delivery market that had yet to be definitively filled. Now, perhaps inevitably, comes the consolidation.
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  1. Shopper & Customer
  2. Agencies & Vendors
  3. International
  4. Shopper & Customer
  5. Associates & Employees

Lowest consumer confidence for nearly 50 years

A consumer confidence monitor that has been running since 1974 recorded its lowest-ever score this month. The well-established GfK index was down to -40 for May, meaning consumers are less confident now than at any time for nearly half a century. Joe Staton, client strategy director at GfK, said: “This comes as UK unemployment hits […]
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  1. Department & Category
  2. Channel: Ecommerce & Digital
  3. Channel: Restaurants
  4. Department: Food
  5. Media & Marketing
  6. Data & Insights
  7. International
  8. Shopper & Customer
  9. Trends & External Forces

Success Does Leave Clues for Food Retailers

Giving credit where credit is due.  The grocerant niche filled with Ready-2-Eat and Heat-N-Eat fresh prepared food continues to drive top-line sales and bottom-line profits in every channel of retail foodservice.  According to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions® the recent insights by the NPD group show just have important the […]
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