News

International
Indian Fashion Brand Barcelona Rolls Out B2B App for Retailers
December 29, 2021

Men’s fashion brand Barcelona, located in over 80 cities across India, released a business-to-business (B2B) app that offers a suite of tools that also includes actionable data, the Business Standard reported on Wednesday (Dec. 29). Get the Full Story Complete the form to unlock this...

Bitcoin
Bitcoin Daily: Marathon to Buy 78,000 Bitcoin Miners; GEM Deploys Over 13,000 Miners; Bitcoin Price...
December 29, 2021

Marathon Digital is set to purchase 78,000 Antminer S19 XP bitcoin miners from Bitmain at a $879.1 million price tag, according to an SEC filing Tuesday (Dec. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Holiday Gift Returns Expected to be Higher in Part From Supply Chain, Labor Woes
December 29, 2021

Americans’ returns of unwanted holiday gifts will prove costlier for retailers, CNN wrote Wednesday (Dec. 29), particularly as retailers grapple with higher costs due to the tag-team attack of the supply chain and labor market issues. Get the Full Story Complete the form to unlock...

Retail
3 Trends to Watch For After a Year of Retail Innovation
December 29, 2021

With 2021 coming to a close and 2022 kicking off soon, now is a good time for retailers to hit pause. Here, we reflect on how retail is becoming more consumer-driven in new and unexpected ways, and highlight three key trends that stood tall and...

International
Kenya Looks to FinTech, Credit Union Convergence to Advance Growth
December 29, 2021

Credit unions have served as a financial backbone to millions of households in Africa for decades, with some 39,000 organizations across the continent providing small installment loans and credit lines. Now, the industry is embracing technology to accelerate growth and bring about expanded financial inclusion....

Retail
Retailers Have Clear Opportunity to Ramp and Revamp the DIY Checkout Experience
December 29, 2021

Skipping lines always feels like a luxury. Whether skipping the line at Disney World or the local supermarket, the feeling of empowerment is the same. When it comes to supermarkets, consider how the self-checkout options allow consumers to breeze through what might otherwise involve 10...

Banking
FinTech Challenger Bank Chime’s Claims of No Fees Hold up Under Scrutiny
December 29, 2021

FinTech challenger bank Chime can continue using terms like “no overdraft fees” and “no hidden fees” after the National Advertising Division (NAD) of BBB National Programs determined that the advertising for its “SpotMe” program disclosed the necessary information. Get the Full Story Complete the form...

Regulation
Congress Wants Biden to Get in the Game and Play Bigger Role in Regulating Big Tech  
December 29, 2021

Congress is calling on President Joe Biden to join the effort for stronger regulations on social media and other internet platforms. 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 daily newsletter,...

IPO
SenseTime is Second Chinese Unicorn to List Overseas
December 29, 2021

When China’s largest artificial intelligence (AI) company begins trading on Thursday (Dec. 30) on the Hong Kong Stock Exchange, SenseTime, ticker HK:0020, will be the first overseas initial public offering (IPO) by a well-known Chinese technology unicorn since Didi’s July listing in New York. Get...