News

Payment Methods
Aetna to Go Digital for Payments, Statements, Remittances
October 24, 2021

Aetna is looking toward September of next year to switch to all-digital payments, remittances and explanation of benefits statements – a goal which it has already started. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Great Britain’s Retailers Report Unexpected Fall in Retail Sales
October 24, 2021

Retail sales in Great Britain have dipped for the fifth consecutive month, The Guardian reported. The 0.2% decline in September was unexpected, comes despite the removal of most pandemic-related restrictions and marks the worst slump since modern records began in 1996. Get the Full Story...

Delivery
Post Office Promises to Be Ready for Holiday Rush
October 24, 2021

The U.S. Postal Service is adding 45 new facilities for the holiday shipping season to handle the expected increase in volume, adding 112 new machines to sort packages and hiring 40,000 seasonal workers, U.S. Postmaster General Louis DeJoy told The Wall Street Journal (WSJ). Get...

Social Commerce
Twitter Debuts Revue Subscription Button
October 24, 2021

Twitter has announced it is adding a Revue subscription button to tweets that will allow users to make money off their content, 280 characters at a time, Slashgear reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Today in Retail: Mattel Touts Supply Chain Flexibility; Google Bets on Social Commerce 
October 22, 2021

In today’s top retail news, Mattel executives are confident they can overcome supply chain issues, while Google is looking at making moves in India’s social commerce space. Also, Carvana is under scrutiny after dozens of customer complaints, and the Federal Trade Commission says Amazon customers...

Bitcoin
Walmart Rolls Out First Installation of Bitcoin ATMs
October 22, 2021

Walmart is bringing bitcoin ATMs to 200 locations across the U.S. via a partnership with coin-cashing machine company Coinstar and crypto-cash exchange Coinme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
Hot Dog Chain Sees Hot IPO as Differentiated In-Restaurant Experience Offsets Mid-Tier Digital Efforts
October 22, 2021

Villa Park, Illinois-based hot dog chain Portillo’s, which operates around 70 locations across nine states, is generating huge interest from investors following its initial public offering (IPO) Thursday (Oct. 21), bolstered by the chain’s consistent ability to generate sales at its restaurants and maintain a...

Investments
Google Makes Social Commerce Push with Meesho Investment 
October 22, 2021

Search engine behemoth Google and social commerce company Meesho are exploring the details of a possible $50 million to $75 million investment by the former, according to media reports on Friday (Oct. 22).  Get the Full Story Complete the form to unlock this article and...

Retail
French Retailer Carrefour Pursues Quick eCommerce Ambitions in Europe With Uneven Q3 Growth Performance
October 22, 2021

French retail giant Carrefour announced uneven growth performance in Europe in its third quarter financial results, generating about 20.4 billion euros ($23.7 billion), a 4% quarter-on-quarter increase in sales revenue across all its markets. Get the Full Story Complete the form to unlock this article...