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Jesta I.S | September 01, 2022
Jesta I.S. Inc., a global developer of modular cloud solutions and unified ERP for retailers, e-tailers, wholesalers and brand manufacturers, is excited to announce that a leading global distributor and multi-banner retailer of sports and outdoor wear has selected Jesta’s Omnichannel Merchandising, Point of Sale, Mobile Store, Warehouse Management and Analytics solutions to drive its digital and physical channel expansion.The sporting apparel and footwear company has been in business for o...
Cision PR Newswire | August 24, 2020
MagicCube, the creator of the world's only Software Trusted Execution Environment platform, today announced a strategic investment from Visa. Visa, which previously invested in the company, is renewing its support for MagicCube with this latest financing as the company continues to gain momentum in global partnerships and customers to bring its virtual TEE-based platform and solutions to scale. MagicCube was awarded the first recognition of a software-based Trusted Execution Environment issu...
retaildive | April 16, 2020
J.C. Penney missed an interest payment on its senior notes that was due Wednesday, the retailer said in a securities filing. The company said it "elected" not to make the roughly $12 million payment, which puts Penney into a 30-day grace period. It did so, "in order to evaluate certain strategic alternatives, none of which have been implemented at this time," Penney said in the filing. Reuters reported earlier this week that Penney was considering a possible bankruptcy filing...
Corsair | January 10, 2022
Corsair, a leading private equity firm targeting services, software, and payments investments in the financial services market, today announced that it has acquired a majority stake in Aurora Payments (“Aurora” or “the Company”), a full-service payment solutions provider for small and medium sized businesses (SMBs) across a variety of industries. Founded in 2005, Aurora offers a one-stop-shop solution for partners and merchants seeking to accept and receive...
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