News

Retail
Amazon to Expand ‘Just Walk Out’ to the Suburbs as Grocery Shoppers Demand Frictionless Convenience
January 25, 2022

Frictionless checkout is growing its reach beyond city-dwelling early adopters and bustling business districts. Amazon announced Tuesday (Jan. 25) that it is opening an Amazon Go location with its “Just Walk Out” cashierless checkout technology in Mill Creek, Washington, a suburb about a half hour’s...

IPO
Report: Shein Likely to Go Public in US Later This Year
January 25, 2022

Chinese fashion retailer Shein is once again exploring a public listing in the U.S. later this year, while Founder Chris Xu is thinking about becoming a citizen of Singapore to help him get around proposed tighter restrictions on offshore initial public offerings (IPOs) in China,...

Regulation
Congress Should Take Decisions on Digital Asset Regulation, Says US Rep McHenry
January 25, 2022

U.S. Rep. Patrick McHenry (R-NC), the ranking Republican member of the House Financial Services Committee and cryptocurrency advocate, is urging Democratic Chairwoman Maxine Waters to work with others on digital currencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Unilever Announces Sweeping Restructuring of Global Businesses
January 25, 2022

Unilever has announced an organizational restructuring that includes 1,500 layoffs and the creation of five business groups to replace the “matrix” structure it has used for much of its history, according to a Tuesday (Jan. 25) press release. Get the Full Story Complete the form...

Investments
International eCommerce Shipper Passport Raises $39M
January 25, 2022

Passport, a company specializing in international shipping for eCommerce, has raised $39 million in a Series B funding round. 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...

Retail
For Brands, Retailers and Consumers, It’s All About the ‘Buy it Now’ Button
January 25, 2022

Just as doctors routinely use x-rays, MRIs and arthroscopes to “take a look inside” their patients to better diagnose problems, the world’s leading brands are also using deep digital analytics and real-time data to get a better look at what’s actually happening inside the retail...

Banking
PYMNTS Intelligence: How Open Banking Growth Impacts Business Banking Prospects
January 25, 2022

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B2B Payments
PYMNTS Intelligence: How Virtual Cards Are Reinventing How Businesses Pay Their Vendors
January 25, 2022

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eCommerce
Digital River Debuts Drop-in Checkout, Allows Payment Acceptance with Global Compliance
January 25, 2022

Global commerce enabler Digital River has debuted a new Drop-in Checkout offering, letting brands accept payments more quickly without major investments in development or resources, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and...