News

IPO
Kakao Pay Updates IPO Prospectus With Reduced Valuation 
August 31, 2021

South Korean payments startup Kakao Pay filed an updated prospectus and will move forward with an initial public offering (IPO), making its debut on the Korea Composite Stock Price Index (KOSPI) exchange on Oct. 14. Get the Full Story Complete the form to unlock this...

Retail
Two-Thirds of Consumers Don’t Trust Retailers’ Ability to Prevent Fraud
August 31, 2021

The increase in eCommerce activity over the past 18 months is good news for merchants hoping to drive online sales, but it’s also raising the risk of fraud and raising consumers’ anxieties about how bad actors might compromise their personal data. Get the Full Story...

Retail
Made-to-Measure Suits Join Growing List of Virtual Fit Experiences
August 31, 2021

For many men, particularly young ones, the traditional way of buying a made-to-measure suit can be intimidating because of the many aspects that can be customized, as well as the time it takes to get a suit fitted. Get the Full Story Complete the form...

Retail
Home Furnishings Remain Sore Spot for Walmart Despite Gap Collaboration
August 31, 2021

After losing its market share lead in the furniture and home furnishings category prior to the COVID-19 pandemic, Walmart has struggled to make up any ground against Amazon, which continues to reap the benefits of consumers’ continued comfort buying big-ticket items online without seeing them....

Retail
Topps Releases New NFT Collection for MLB
August 31, 2021

Topps on Tuesday (Aug. 31) announced the 2021 Topps MLB Inception NFT Collection, calling it “a brand-new baseball card inspired release” on blockchain platform ToppsNFTs.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Kohl’s Expands Augmented Reality Offering for eCommerce
August 31, 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...

Partnerships / Acquisitions
Credit Karma Hires Bitmatica Team to Bolster Data Science, Engineering Work
August 31, 2021

Credit Karma has hired the software consulting firm Bitmatica to bolster data science and engineering work. The team, which specializes in web and mobile development, had previously helped build Lightbox, its first-of-a-kind enterprise platform, according to a company press release. Get the Full Story Complete...

B2B Payments
Digitization and Digital Payments Delivering Greater Trust For Indian SMBs
August 31, 2021

Smartphones have rapidly become ubiquitous across the developing world, and hundreds of millions of Indians have come online in the past decade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Payables Departments Confront Need To Consumerize Business Payments
August 31, 2021

For much of the manufacturing, healthcare, higher education and hospitality sectors, the accounts payable (AP) regimen is still largely an outdated process in which employees spend countless hours going through invoices, scribbling numbers on checks before mailing them to suppliers who then have to cash...