With stablecoins, Walmart, Amazon, and Shopify want to break free from traditional banking channels Americas With the Genius Act recently passed in the U.S.A., regulating stablecoins for the first time, two retail giants are planning to issue their own corporate cryptocurrencies, or stablecoins. Their goal is to bypass traditional payment systems, avoid interchange fees, and speed up payment processing.
Pressured Debenhams signs with Romanian unicorn UiPath to optimise prices Europe Debt renegotiation, declining sales, margins under pressure: to regain control of a pricing policy, Debenhams is turning to the Romanian automation unicorn and embarking on a shift towards smarter price management.
Case study Pyrenex boosts e-commerce conversion rate by 67% thanks to Mollie and Shopify Europe Exclusively for mind Retail, Benjamin Wutiuyen, Head of Digital Marketing at Pyrenex, reviews the replatforming carried out in July 2024, with the integration of Mollie as payment provider alongside a replatforming on Shopify. The retailer increased conversion rate doubled business in the U.S.A. and integrated Apple Pay.
Veesion secures a €53-million funding and opens a U.S. subsidiary Americas As shoplifting becomes more prevalent in the retail sector, particularly in the U.S. amid inflation and price increases, Veesion (specialising in AI-powered detection of in-store behaviours) has secured major Series B funding. Here are the details.
[Info mind Fintech] Qashflo, the financing solution dedicated to marketplaces sellers, ceases operations Europe Qashflo, an accelerated payment solution for 3P sellers on European marketplaces, is closing. Despite a positive recovery, the company has not secured sufficient shareholder equity to ensure the growth and sustainability of the financing business.
Can financial services’ offensive in the advertising arena hit the mark? In 2024, banking and payment companies have agreed to invest in the retail media market. Like e-retailers, they are looking to leverage their 1P data, coveted for targeting capabilities in environments that are gradually abandoning cookies. We take a closer look at their offensive in a market that is already close to saturation.
Mollie and Qonto join forces to simplify online checkout Europe After signing an agreement with Alma to offer payment in 3 or 4 instalments,…
African retail: why OmniRetail's US$20 million round is more than just a funding round Africa, Middle East OmniRetail, the Lagos-based start-up editing e-commerce platform designed for small retailers (GMV of US$810 million in 2024,…
Hokodo raises €10 million from investors Europe On April 23, Hokodo, the deferred payment platform for B2B clients, announced a €10 million capital increase.…
Ebay chooses Checkout.com to process payments Americas On April 16, US e-commerce giant Ebay announced selection of Checkout.com as payment provider for the marketplace. At the end of December 2024,…