DoorDash is offering on-demand delivery of consumer electronics from Best Buy. The new partnership marks the appearance of a national consumer electronics retailer on the local commerce platform, DoorDash said in a Wednesday (Nov. 29) press release. “This partnership provides consumers access to Best Buy’s...
Several direct-to-consumer (D2C) brands, such as apparel brand Madhappy, are taking a detour from the original playbook and stepping into the retail arena to weave closer connections with consumers. However, its venture into retail doesn’t entail partnering with an existing retailer to leverage their established...
Payments company PayU plans to go public in India in the second half of next year. Ervin Tu, interim CEO of parent company Prosus, revealed that information Wednesday (Nov. 29) during an earnings call, per a report by Reuters. The company’s half-year earnings show that...
Consumer packaged goods (CPG) companies, through their retail partners, sell scores of items every day that are essentials for individuals and households. In these days of stress and uncertainty, as the holidays loom, it may be no surprise that candy and cookies are top of...
Clara, a Latin American FinTech company, has launched a payment account in Brazil. The new payment account offering complements Clara’s existing range of products, which includes corporate cards and expense management solutions, Reuters reported Tuesday (Nov. 28). With this expansion, clients in Brazil will gain access to...
Lineage Logistics, a major player in the cold storage and logistics industry, is reportedly aiming for a valuation of over $30 billion in its upcoming initial public offering (IPO). The firm and its advisers are engaged in discussions with potential investors to garner support for...
The Thanksgiving holiday weekend saw a record-breaking number of consumers engaging in shopping. Over the five days from Thanksgiving Day through Cyber Monday, 200.4 million shoppers participated, surpassing last year’s record of 196.7 million, the National Retail Federation (NRF) and Prosper Insights and Analytics said...
For banks, artificial intelligence is both foe and friend in the eternal battle against fraud. Foe because the bad actors are harnessing advanced technologies to forge new paths toward scamming financial institutions and their customers. Now, synthetic IDs, especially, are proving to be popular attack...
The International Monetary Fund (IMF), the World Bank and the Bank for International Settlements (BIS) have reportedly joined forces to explore the concept of tokenization. This collaboration aims to leverage tokenization technology to streamline financial processes and enhance global economic development, Reuters reported Tuesday (Nov. 28). Tokenization involves converting traditional financial assets into...
