i2c and The Bank of Missouri (TBOM) have partnered to help FinTechs accelerate their launch of digital banking products. With this five-year partnership, TBOM, a community bank with digital banking initiatives, will leverage i2c’s core banking and payments platform, the companies said in a Thursday (Jan. 25) press...
Lloyds Bank is reportedly eliminating 1,600 jobs amid an increased focus on digital banking. The British lender also plans to create 830 new jobs for its “relationship growth” team to understand customers’ financial aims and offer services at branches, via video meetings and over the phone, a Lloyds spokesperson...
Lightspeed Commerce has unveiled a range of new features and updates aimed at simplifying and expanding operations for businesses in the retail and hospitality industries. These new solutions join the company’s point-of-sale (POS) and payments platform that serves retail, hospitality and golf businesses in more than...
B2B payment solutions provider Mondu has raised an additional 30 million euros ($33 million). This new debt financing from Vereinigte Volksbank Raiffeisenbank eG adds to 20 million euros ($22 million) raised in October and brings Mondu’s total funding to over 115 million euros ($125 million) since its...
Jack Henry has introduced a cloud-native banking solution designed to enable community banks and credit unions to better support small and medium-sized businesses (SMBs). The new Banno Business solution equips these financial institutions with advanced digital tools that deliver modern banking experiences, the company said...
Investors in fashion retailer Shein are reportedly selling discounted shares. Those private-market deals value Shein at as low as $45 billion, Bloomberg News reported Thursday (Jan. 25), noting this shows a drop in enthusiasm for the company ahead of its much-anticipated initial public offering (IPO). The report...
Footwear brand Puma is cautioning that external challenges are expected to persist throughout 2024. “For 2024, we foresee the geopolitical and macroeconomic challenges as well as highly volatile currencies to persist,” said Puma CEO Arne Freundt in a Wednesday (Jan. 24) statement. “This continues to weigh...
Creators and influencers have moved beyond their conventional roles as simple product endorsers, and transformed into trusted advisers who play a pivotal role in shaping the consumer journey. Across all age groups, these individuals can hold substantial influence, offering insights, recommendations, and connections with their...
eCommerce company Bold Commerce has introduced its first biometric checkout offering. Powered by Wink, the company’s Bold Checkout lets retailers offer their customers the chance to use their faces and voices to prefill the information needed to complete a purchase, Bold Commerce announced Thursday (Jan. 25). “Retailers...