Global merchant acquirer and payment processor EVO Payments has turned down an acquisition offer by payment processing solution firm Shift4 Payments, Bloomberg reported on Wednesday (Nov. 17), citing unnamed sources familiar with the situation. Get the Full Story Complete the form to unlock this article...
The U.S. Securities and Exchange Commission (SEC) are looking into BlockFi Inc. and its product that pays its customers high interest rates for lending their digital tokens, according to a BNN Bloomberg report Wednesday (Nov. 17). Get the Full Story Complete the form to unlock...
Speaking at the Bloomberg New Economy Forum on Wednesday (Nov. 17), Axel Weber, chairman of UBS Group AG, shared his skepticism around bitcoin and said the concept of anonymous payments won’t last. Get the Full Story Complete the form to unlock this article and enjoy...
In today’s top retail news, Target is touting its ability to meet consumers wherever they shop during the holiday season, while Amazon, Walmart, Home Depot and others are using purchase data to sell more online ads. Also, visual search technology is helping to drive digital...
If online sales growth is slowing, and overall retail spend is on the rise (even accounting for inflation), it stands to reason that on-site shopping — the brick-and-mortar kind —is the beneficiary. Get the Full Story Complete the form to unlock this article and enjoy...
Music streaming service Tidal has launched a new membership tier that will send payments to artists in two ways, Music Business Worldwide reported Wednesday (Nov. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Some artists and activists are giving a thumbs-down to the use of Amazon’s palm-scanning technology in concert venues. Some 200 artists and 30 groups have signed an open letter to the Red Rocks amphitheater, ticketing provider AXS and AEG (the parent company of AXS) demanding...
Logistics FinTech RoadSync has joined forces with Professional Transportation Partners, LLC (PTP) to offer its checkout product to vendors in the PTP Shop Repairs Centers network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
With the strength of its eCommerce business, Target is quickly becoming a major player in grocery. Discussing its third-quarter 2021 financial results on Wednesday (Nov. 17), the retailer announced comparable sales growth in the food and beverage category in the mid-teens percentage range, on top...
