As part of a $1 billion cash deal, Russian-based Yandex will purchase Uber’s stake in its collaborative food, grocery and convenience store delivery efforts, as well as the companies’ joint self-driving business, according to a Tuesday (Aug. 31) Yandex announcement. Get the Full Story Complete...
Shares of Robinhood fell on Tuesday (Aug. 31) after the Securities and Exchange Commission (SEC) Chairman Gary Gensler indicated that he is mulling a full ban of payment for order flow, a method that yields the majority of the online trading platform’s revenue, according to...
Dutch payment processing firm Adyen on Tuesday (Aug. 31) announced the release of Score, a machine learning-based solution that picks up on irregular activity by analyzing the merchant’s data and flagging unusual user behavior. Get the Full Story Complete the form to unlock this article...
In a move to attract cost-conscious consumers with low prices, FreshDirect is taking advantage of parent company Ahold Delhaize’s extensive portfolio of private label offerings to add more low-cost products to its e-shelves. The New York-based online grocer, which delivers in select markets throughout the...
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...
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...
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...
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....
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...
