News

Retail
eBay Downplays Continued Decline of Active Buyers
October 28, 2021

Marketplace platform eBay is continuing to shed active buyers and report lower sales volumes as consumers increasingly return to in-person shopping, though the company says losing some customers was always an inevitable part of the company’s long-term plan. Get the Full Story Complete the form...

Retail
Google’s Shoppable Magazine Showcases Strides Made in Commerce
October 28, 2021

Though it’s not yet November, PAPER is already rolling out its list of trends that defined 2021, including freckle pens, cottagecore and low impact home workouts — a wide-ranging list that almost seems too insightful into how people have been living their lives. Get the...

Retail
Shopify Sees Future Where ‘Retail Happens Everywhere’
October 28, 2021

Shopify Inc. reported Thursday (Oct. 28) it has doubled its cumulative gross merchandise value (GMV) in the past 16 months to $400 billion as the company remains focused on simplifying commerce for merchants. Get the Full Story Complete the form to unlock this article and...

Retail
Fanatics Named Global eCommerce Supplier of Olympic Merchandise
October 28, 2021

The International Olympic Committee (IOC) is teaming up with sports merchandise company Fanatics on its first worldwide eCommerce pact, which gives Fanatics a share of sales of Olympic merchandise through the 2028 Summer Games in Los Angeles. Get the Full Story Complete the form to...

Cross Border Commerce
Deep Dive: How POPs Can Help Boost Efficiency for Large Cross-Border Businesses
October 28, 2021

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, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Banking
Wells Fargo on Why APIs Are Key to Seamless, Streamlined Commercial Banking
October 28, 2021

Business decision-makers want the same level of personalization that has come to define consumer banking. In the inaugural Next-Gen Commercial Banking Tracker, Wells Fargo’s Reetika Grewal explains how APIs unify business data insights and payment capabilities while also supporting the consumerization of business banking needs.

Partnerships / Acquisitions
McDonald’s Teams with IBM to Super-Size Drive-Thru Lane Tech
October 28, 2021

McDonald’s is partnering with IBM to bring technological improvements to the drive-thru lanes at its fast-food restaurants and automate the order-taking process, the companies said in a joint statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Experts Say Supply Chain Challenges Spur New Digital Payments Innovations
October 28, 2021

First the bad news: It will take years for supply chains to return to normal. 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,...

Retail
Subscriptions, Personalization Could Be Retail’s Bright Spot This Holiday
October 28, 2021

For years, it was frowned upon to give gift certificates or cash to someone as a gift, something that was seen as lazy or thoughtless in certain social circles. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...