News

Retail
Amazon vs Walmart Weekly: An Unprecedented Price War in Healthcare
September 09, 2022

When news crossed this week that Walmart, the self-titled leader for “everyday low prices,” had struck a 10-year deal with UnitedHealth, it was likely unsurprising to most industry observers to see the word “affordable” prominently placed atop the announcement. Get the Full Story Complete the...

Retail
Roger Federer-Backed Running Shoe Brand Launches Resale Site in Green Push
September 09, 2022

Seeking to boost its sustainability and reach new customers, Swiss athletic footwear and apparel brand On — which is backed by tennis star Roger Federer — has launched a resale site called Onward.  Get the Full Story Complete the form to unlock this article and...

Retail
Amazon Acquires Belgian Warehouse Automation Firm Cloostermans
September 09, 2022

Aiming to makes its workplaces “safer, simpler and more productive,” Amazon has signed an agreement to acquire Belgium-based mechatronics solution designer and manufacturer Cloostermans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
CalCPA Teams With Anchor to Bring Autonomous Billing to Accountants
September 09, 2022

The California Society of Certified Public Accountants (CalCPA) is working with autonomous billing and collections platform Anchor. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Retail
RH Says Luxury Brands Don’t Discount, Resists Promos Despite Slumping Sales
September 09, 2022

Luxury lifestyle retailer RH won’t sacrifice its image and margins to keep its sales growing as consumers tighten their wallets, RH Chairman and CEO Gary Friedman said Thursday (Sept. 8) in a presentation released along with the company’s quarterly earnings call. Get the Full Story...

Banking
PYMNTS Intelligence: With Digital Payment Needs Growing, Embedded Finance Can Help
September 09, 2022

The banking and financial services industry is undergoing a rapid digital transformation. In response to the pandemic and the emergence of new technologies, consumers are rapidly exchanging traditional financial products and services for innovative digital solutions. Get the Full Story Complete the form to unlock...

Cross Border Commerce
Car Importers Tap Power of Platforms to Tame Price Volatility
September 09, 2022

In a way, used cars are like stocks, options and bonds from the point of view of Ryan Davidson, founder and CEO of Trade X, in that volatility is an opportunity for profit. Get the Full Story Complete the form to unlock this article and...

Cross-border Payments
Inside the Upside of India’s New Bundled, Cross-Border Remittance System
September 09, 2022

In India, a broadening by the Reserve Bank of India (RBI) of the ways and means through which citizens can send money abroad will open the floodgates to FinTechs and other businesses dealing with cross-border payments. Get the Full Story Complete the form to unlock...

eCommerce
Shopify, eCommerce Platform Luxlock Team on Token-Gated Shopping
September 08, 2022

Online retail platform Luxlock will offer new shopping options on Shopify through a partnership with Web3 open source software development company Smart Token Labs, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...