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Austin Is Bringing The FinTech Heat

PYMNTS

Though Austin may fall in the shadows of bigger U.S. Nate Stewart, Group Product Manager for BigCommerce , an eCommerce platform with deep roots in Austin, provided a glimpse into what really helps Austin stand apart and why startups can’t help but flock to the city. Tech jobs account for 11 percent of total Austin employment.

Austin 100
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XOR Data Exchange Releases Fraud Prevention Tool For Online Retailers

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Online retailers just got a new tool in the fight against identity theft and fraud. XOR Data Exchange , Austin-based data and analytics startup, just recently introduced a new resource for online retailers to fight the account takeovers as the number data breaches that include account login credentials grows.

Fraud 100
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Pop Up Grocer Checks All The Pandemic Retail Boxes

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As retailers contend with the continuing COVID-19 crisis and the inevitable resettling of the business, one of the most popular pieces of advice has been to reformat existing stores. The way I see it, the grocery space is missing a discovery phase – in fact, I think you could say that about the broader retail landscape.

Retail 150
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Bringing Specialty Socks To Malls With Automated Retail

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The Sock Spot CEO Ben Williams, for instance, worked for a manufacturer in eCommerce and decided to start his own online shopping company. The Sock Spot is part of a larger trend of digital innovators tapping into automated retail. Alpaca Market , for instance, has a network of vending machines and smart fridges in Austin, Texas.

Retail 140
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Ouai Prepares For Ulta Beauty Store Rollout; Reliance Industries Launches Retail Service

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Online brands are growing their presence in the physical world by bringing their products into brick-and-mortar stores. Ouai , a hair and body care brand founded by celebrity hairstylist Jen Atkin, will roll out some of its merchandise in 1,200 Ulta Beauty locations in addition to the retailer’s website on Sunday (Jan.

Retail 131
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Amazon Accepting Cash Payments At Oxxo Stores

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The service, which is called Amazon Cash, allows Amazon customers in Mexico to deposit between 100 and 5,000 pesos ($5 through $260) per online transaction, with a daily limit of 10,000 pesos. In other Amazon news , the company announced on March 28 that it is expanding its Austin Tech Hub and will be creating 800 new tech jobs.

Austin 154
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Software Co BigCommerce IPO Soars 183 Pct

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BigCommerce , which works in software for online business operations, saw its value rise by 292 percent after an initial public offering (IPO) for $216 million was priced above a target range, according to a report by Bloomberg. exchange for a company raising at least $100 million, according to Bloomberg’s data. 4) for $24 each.

Software 194