News

Retail
After 16 Years, Does Cyber Monday Even Make Sense Anymore?
November 29, 2021

When the National Retail Federation unveiled the “Cyber Monday” concept to the world in 2005, it was a well-intentioned retail strategy designed to not only draw attention to the then-nascent world of eCommerce, but to delineate it from its better-known in-store ancestor, Black Friday. Get...

Retail
Cyber Monday Shoppers Find Fewer Online Deals
November 29, 2021

U.S. retailers are bracing for a slower sales pace on Cyber Monday, in large part because shoppers are finding fewer and smaller discounts and limited selections because of continuing global supply chain snags, according to a Reuters report on Monday (Nov. 29). Get the Full...

B2B Payments
67% of B2B Buyers Have Switched to Vendors With ‘More Consumer-Like’ Experiences
November 29, 2021

B2B buyers are bringing some of the habits they’ve picked up as consumers into their work life too, particularly when it comes to shopping and purchasing items online. Just as they now turn to digital channels first and foremost to make convenient routine purchases as...

Regulation
India Could Create New Regulatory Body for Social Media
November 29, 2021

A parliamentary panel in India says social media platforms like Facebook and Twitter should be considered publishers and get their own regulatory body. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Delivery
Ultrafast Grocery Delivery Services Compete Globally for On-Demand Loyalty
November 29, 2021

As the ultrafast grocery delivery space begins to see some consolidation, leading services are starting to expand their reach beyond the grocery category. On Monday (Nov. 29), for instance, Yango Deli, the 15-minute grocery delivery arm of Russian tech giant Yandex, announced the launch of...

Retail
Amazon Proves Logistics Is Key to Increasing Online Sales, Market Share
November 29, 2021

In the jockeying between retailers, not just during the all-important holiday season but well beyond the end of December, the battle of giants usually comes down to Amazon, Target and Walmart. And a strategic weapon, increasingly, can be found in logistics. Get the Full Story...

Delivery
Amazon Doubles Fulfillment Network to Fast-Track Holiday Delivery
November 29, 2021

Amazon is ready to deliver for the holidays after nearly doubling the number of its fulfillment centers to more than 930 facilities across the country, The Wall Street Journal reported on Monday (Nov. 29). Get the Full Story Complete the form to unlock this article...

Regulation
New UK Bill Seeks Crackdown on Data Breaches, Cybertheft From Connected Devices
November 29, 2021

The United Kingdom is seeking to crack down on connected device cybercrime with the introduction of a new law urging manufacturers, importers and wholesalers to make changes to how these devices are made, sold and periodically updated, or face stiff new penalties. Get the Full...

B2B Payments
Kanverse Unveils Insurance Form Automation Tool
November 29, 2021

Automation platform Kanverse has rolled out an artificial intelligence (AI)-powered document processing product for enterprise. 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,...