News

IPO
eCommerce Retailers Make Trading Debuts In Global IPOs
June 16, 2021

eCommerce firms have made their trading debuts, or have plans to go public, on markets from Indonesia to Germany, while other players in the online shopping industry are set to be acquired. Get the Full Story Complete the form to unlock this article and enjoy...

International
Amazon Lures Sellers As Vietnamese Exports Surge
June 16, 2021

Amazon is looking to expand its eCommerce relationship with Vietnam and is recruiting merchants to join its marketplace as exports in the country soar, Nikkei Asia reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
Contactless Payments Comprise 27 Pct Of All UK Transactions
June 16, 2021

A payment analysis shows that 2020 was the year of contactless payments in the U.K., up 12 percent to $9.6 billion and comprising 27 percent of all payments in the region, according to the U.K. Finance 2021 Payment Markets Report report on Wednesday (June 16). Get...

Investments
Digital Bank FamPay Pulls in $38 Million For Teen-Focused Products
June 16, 2021

India’s FamPay, a startup that is building a digital bank aimed at teenagers, has collected $38 million in venture capital. In a blog post, Bengaluru-based FamPay said the funding round was led by Elevation Capital. The company said it will use the cash to build...

Retail
Amazon Takes Battle To Thwart Fake Reviews To Social Media Peers, Regulators
June 16, 2021

In its ongoing fight to stamp out fake product reviews and earn customers’ trust, Amazon is calling upon social media companies and consumer protection regulators to do more to protect unwitting buyers and well-intentioned sellers from a growing spate of fraudulent activity. Get the Full...

Retail
Best Buy’s Delivery And Service Model Guides Easy Expansion Into Outdoor And Travel
June 16, 2021

Move over, Geek Squad, and make room for the Grill Squad. That’s the latest twist from digitally transforming electronics and appliance retailer Best Buy, which just announced plans to expand its product offerings into two new categories: outdoor living and travel. Get the Full Story...

Retail
La-Z-Boy’s Consolidated Sales Soar Amid Record Demand
June 16, 2021

La-Z-Boy’s consolidated sales surged 41 percent to $519.5 million for the fourth quarter from the previous year. 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...

Investments
FinTech Novo Grabs $40.7 Million To Fuel Growth
June 16, 2021

Novo, a financial technology company, has pulled in $40.7 million in venture capital. The FinTech focuses on digital banking for small to medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Williams-Sonoma Taps Capital One To Be Issuing Partner For New Credit Cards
June 16, 2021

Capital One has struck a deal with Williams-Sonoma to become the “exclusive long-term issuing partner” for the home retailer’s new co-brand and private-label credit card program, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...