Steps to Simplifying Checkout, November Retail Sales Slump
Steps to Simplifying Checkout, November Retail Sales Slump
December 16, 2021  |  Today In Data

PayPal is relying on trust, choice, ease and fast approvals to streamline the online checkout process. Plus, a dip in department store and electronics purchases...

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Boohoo: Profits Slammed by Returns and Freight Costs
Boohoo: Profits Slammed by Returns and Freight Costs
December 16, 2021  |  Retail

U.K. fashion retailer Boohoo on Thursday (Dec. 16) downgraded its profit and sales growth projections for the second time in 2021, saying that supply chain...

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Senate Grills Airline Execs Over Refund Complaints and COVID Flight Cancellations
Senate Grills Airline Execs Over Refund Complaints and COVID Flight Cancellations
December 16, 2021  |  Travel Payments

Airline cancellations are making news again as the omicron variant brings its own disruption, refueling a drama playing out over refunds that found major airline...

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Indian Ride-Hailing App Ola Nets $500M
Indian Ride-Hailing App Ola Nets $500M
December 16, 2021  |  Investments

Ola, the Indian-based ride-hailing startup that competes with Uber, has generated a $500 million from investors, according to a Thursday (Dec. 16) report from Reuters. ...

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As Smash-and-Grab Raids Go Viral, the Retail Industry Is Fighting Back
As Smash-and-Grab Raids Go Viral, the Retail Industry Is Fighting Back
December 16, 2021  |  Retail

Organized retail crime is running rampant in the run-up to Christmas. As captured on smartphones and closed-circuit video cameras across the U.S. and splashed all...

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Michaels Taps Affirm for BNPL
Michaels Taps Affirm for BNPL
December 16, 2021  |  Retail

Buy now, pay later (BNPL) platform Affirm on Thursday (Dec. 16) announced it has partnered with arts and crafts retail chain Michaels to allow customers...

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Nium Offers Virtual Cards to US Travel Industry 
Nium Offers Virtual Cards to US Travel Industry 
December 16, 2021  |  B2B Payments

The payments and card issuance firm Nium has brought its virtual card issuing tool to the U.S., a move the company says will make it...

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Department Store 2.0: Three Key Trends
Department Store 2.0: Three Key Trends
December 16, 2021  |  Retail

The majority of consumers shop both in-person and virtually. According to PYMNTS data, 88% of consumers make an in-store purchase daily, weekly or monthly. Sixty-three...

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ConsenSys Teams With Mastercard to Debut Tool Aimed at Scalability on Ethereum Blockchain
ConsenSys Teams With Mastercard to Debut Tool Aimed at Scalability on Ethereum Blockchain
December 16, 2021  |  Blockchain

Ethereum blockchain software company ConsenSys, in conjunction with Mastercard, has debuted a tool used to make blockchain technology scalable on the Ethereum Mainnet or for...

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