News

B2B Payments
NatWest Launches Incentives for New and Expanded Business Accounts
June 27, 2023

NatWest is offering incentives to businesses in the United Kingdom that switch their accounts to the bank. The U.K. bank is offering 24 months of free business banking to customers with turnover of up to 2 million pounds (about $2.6 million) that switch to NatWest, new...

Retail
Inform Act Cracks Down on Organized Retail Theft
June 27, 2023

A new law aims to tackle organized retail theft and the trade of counterfeit and hazardous items on digital platforms. The Integrity, Notification and Fairness in Online Retail Marketplaces for Consumers Act — or the INFORM Consumers Act — went into effect Tuesday (June 27). Under the...

eCommerce
Papa John’s Hires Nike Exec as CFO as Restaurants Learn From Retailers
June 27, 2023

Papa John’s is looking to learn from Nike’s omnichannel success with its new C-suite addition, tapping Nike North America’s chief financial officer to take over the same role at the pizza chain as restaurants across the industry learn from retailers’ successes and failures. The restaurant giant, which...

Payments Innovation
NCR Spinoff Eyes Acquisitions, Recurring Revenues to Bolster ATM-as-a-Service Growth
June 27, 2023

NCR’s restructuring will seek to capitalize on Software-as-a-Service and recurring revenues as ATMs undergo a digital transformation. NCR filed its Form 10 registration statement Monday (June 26) with the Securities and Exchange Commission (SEC) for the planned spinoff. Upon completion, with a fourth-quarter 2023 timeframe, NCR will exist...

News
The Barbie Phenomenon and Its Impact on Brands and Consumers
June 27, 2023

“Barbie” is everywhere. It has taken over retail marketing. Everywhere you look there’s a new collaboration, from fast fashion to food and beverage to department stores. Apparel retailers, including Gap, Aldo, Forever 21, Primark, Hot Topic, and Spirit Halloween, have launched collections in celebration of...

Retail
Personalized Skincare Puts a Fresh Face on Heyday’s Subscription Model
June 27, 2023

If TikTok told you to rotate your skincare products biweekly, you probably started to rotate your skincare regimen. Or you know someone who did. But while the recommendation could be a solid tip, it lacks personalization. And with insane makeups on personalized skincare services, it’s...

Retail
Best Buy Begins Offering Tiered Memberships
June 27, 2023

Best Buy has officially launched its new three-tiered membership program to entice cost-conscious shoppers. Beginning Tuesday (June 27), customers can take part in one of three memberships: an existing free tier, a new, more affordable paid program priced at $49.99 per year, and a revamped...

Payments Innovation
Tokenized Payment Networks Empower Businesses and Consumers With Enhanced Security
June 27, 2023

The digitization of the payment landscape brings with it both opportunity and challenges. As digital wallets, contactless payments, and eCommerce technologies continue to transform the way money moves, sensitive account information often moves alongside each transaction. This leaves personal data like addresses, purchasing history and...

Point of Sale
Flatpay Raises $16 Million for Flat-Rate POS Technology
June 26, 2023

Danish FinTech Flatpay has raised €15 million (about $16 million) in its Series A funding round to expand its presence in Denmark, Finland and Germany and continue its product development. Flatpay offers a flat-rate point-of-sale (POS) technology for businesses that aims to make payments transparent and...