News

eCommerce
Women Could Drive $280 Billion To Southeast Asian eCommerce Market
May 28, 2021

A new report on Friday (May 28) by the International Finance Corporation (IFC) found that women could drive more than $280 billion to Southeast Asia’s eCommerce market between 2025 and 2030. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
House Committee Asks Kabbage, BlueVine For Pandemic Loan Security, Revenue Data
May 28, 2021

U.S. lawmakers have opened an investigation into FinTechs Kabbage and BlueVine, along with their partner banks, for their role in the distribution of billions of dollars in COVID relief money to small businesses. Get the Full Story Complete the form to unlock this article and...

International
Today In Payments Around The World: Ada Health Notches $90 Million; Wayflyer Lands $76 Million
May 28, 2021

In today’s top payments news around the world, Ada Health has notched $90 million in a Series B fundraise headed up by Leaps by Bayer, while Wayflyer has landed $76 million in funding. Plus, ToditoCash has disbursed 200,000 cash payments for the social media platform...

Retail
Pandemic Or No, To-Go Cocktails Are Here To Stay
May 28, 2021

COVID-19 restrictions may be ending, but some pandemic-related routines are here to stay. 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....

Retail
Today In Retail: Caleres’ eCommerce Sales Rise; Stimulus Helps Fuel Ulta Beauty’s Net Sales
May 28, 2021

In today’s top retail news, footwear company Caleres reported a rise in total company-owned eCommerce website sales, while Ulta Beauty attributed a rise in net sales to consumer confidence, government stimulus and the relaxation of pandemic restrictions. Plus, Google is furthering its open commerce ecosystem...

Security & Fraud
Microsoft: Nobelium Cyberattackers Targeting Governments, NGOs
May 28, 2021

Microsoft said this week that the group behind the cyberattacks on SolarWinds customers last year has turned its focus on government agencies, think tanks and NGOs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

News
Today In Payments: New Funding Could Value Klarna At $40 Billion; Paytm Eyes $3 Billion...
May 28, 2021

In today’s top news, a new funding round could value Klarna at $40 billion, and Paytm is reportedly planning a $3 billion initial public offering (IPO). Plus, savings and investing app Acorns is going public through a SPAC merger. Get the Full Story Complete the...

Retail
To Mall Or Not To Mall, That Is The Question Facing Retailers And Consumers
May 28, 2021

The evolution of online sales and omnichannel selling is seeing the physical footprint plans of at least two marquee retailers head in different directions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
The AMZN vs. WMT Weekly: Hello Partners, Goodbye CEO Bezos
May 28, 2021

It was a busy week for the two titans of retail, as the reigning box-store king struck no less than three new partnerships while rival Amazon got set to say goodbye to Founder Jeff Bezos as CEO, with a mix of news about disruption, acquisitions...