News

News
The Week In Payments: NFTs Are The Offspring Of Napster, And Point-of-Sale BNPL Is Set...
August 27, 2021

Non-fungible tokens (NFTs) were splashed all over the headlines again this week, as Visa emerged as the unlikely buyer of the awkwardly titled pixel art image “CryptoPunk 7610,” when it paid $150,000 to get its hands on its first piece of digital art. Get the...

Retail
Pizza Hut’s Bid For Grocery Store Presence Marks Move To Grab Bigger Slice Of Consumer...
August 27, 2021

With the announcement of Pizza Hut’s new CEO, it looks like the brand may have ambitions to get into consumer-packaged goods (CPG). The restaurant’s parent company Yum Brands announced Thursday (Aug 26) that Aaron Powell, former president of Kimberly-Clark’s Asia-Pacific CPG business who started his...

International
Britain Contactless Payment Limit Going Up
August 27, 2021

British banks will limit contactless payments across the region to 100 pounds ($137) starting Oct. 15, banking industry body UK Finance said on Friday (Aug. 27), according to a Reuters report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Digital Banking
India Jumps On CBDC Bankwagon With Digital Rupee Trials
August 27, 2021

India is joining the global race to develop a framework for a central bank digital currency (CBDC) and could launch trials in December for a digital rupee, CNBC reported on Friday (Aug. 27). Get the Full Story Complete the form to unlock this article and...

Retail
Allbirds Unveils Atlanta Shoe And Apparel Store
August 27, 2021

Footwear and apparel retailer Allbirds has opened its 30th global location in Atlanta’s Ponce City Market. The 3,000-square-foot outpost includes a retail store and community center, and joins other locations across North America, Asia and Europe. Get the Full Story Complete the form to unlock...

Retail
Peloton Subpoenaed By DOJ, DHS Over Reporting Of Treadmill Injuries
August 27, 2021

Connected fitness giant Peloton said in a filing with the U.S. Securities and Exchange Commission (SEC) on Friday (Aug. 27) that it has been subpoenaed by the U.S. Department of Justice and Department of Homeland Security for documents and information related to how the company...

Retail
AMZN vs. WMT Weekly: Retail Giants Remain In Dead Heat For Top Spot
August 27, 2021

After vaulting ahead of Walmart in the fourth quarter last year, Amazon has held its front-runner status for the third quarter in a row, albeit by a razor-thin and shrinking margin. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Big Lots Shows eCommerce Spike, Rewards Program Boost In Q2
August 27, 2021

Big Lots Inc. on Friday (Aug. 27) reported that eCommerce demand was up 10 percent in the second quarter compared to the same time last year and 400 percent from two years earlier. The company also saw 1.7 million people added to its rewards program...

Regulation
Chinese Securities Boss Looks To Bar Some Tech Startups From Foreign IPOs
August 27, 2021

The main securities regulator in China is planning to bar some technology firms in the country from listing on public markets overseas, sources told The Wall Street Journal in a report on Friday (Aug. 27). Get the Full Story Complete the form to unlock this...