News

Social Commerce
Twitter Testing Shopping Card eCommerce Feature
March 04, 2021

Twitter is getting into the social shopping scene with a “Shop” button prominently displayed on some tweets, TechCrunch reported on Thursday (March 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Payment Methods
For ISVs, The Lure Of Northern Exposure And Integrated Payments
March 04, 2021

Payment facilitators (PayFacs) could do with some northern exposure. 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,...

Security & Fraud
Equifax Battles The Chargeback Deluge With AI And Digital ID
March 04, 2021

The trend toward the digital-first economy over the past year has meant that all businesses have become omnichannel by necessity. And after this flood of online commerce in the wake of the pandemic, one of the consequences may be a deluge of chargebacks. Get the...

Security & Fraud
Geolocation Helps Crypto Exchanges’ Fight Financial Crime
March 04, 2021

Cryptocurrencies are gaining an ever-increasing number of adherents on Wall Street, Main Street and, bit by bit, in everyday commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Partnerships / Acquisitions
Apollo Global Closes Acquisition Deal With Crafts Chain Michaels 
March 03, 2021

The private equity firm Apollo Global Management will acquire the crafts retail chain Michaels in a potential $3.3 billion deal, according to a Wednesday (March 3) press release.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Deliverr Goes After Amazon Prime With $170 Million To Expand Warehouses
March 03, 2021

Deliverr has raised $170 million in new funding, with $135 million of that being Series D funding led by Coatue, according to a company blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Ransomware Could Have Hit Payroll Firm PrismHR
March 03, 2021

PrismHR, a payroll company, suffered what could have been a ransomware attack over the weekend that left a massive outage, according to a Tuesday (March 2) report from BleepingComputer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
Clothing Reseller ThredUP Preps Its IPO
March 03, 2021

ThredUP, a secondhand apparel marketplace, has filed a registration statement with the Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO), according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
What Kohl’s And Target’s Earnings Teach Us About Physical Retail’s Road To Recovery
March 03, 2021

While a wild and white-knuckled ride all the way through, the year 2020 wasn’t necessarily a bad time for everyone.  In fact, as Target reported its earnings this week, the words it had for the pandemic year were “record-breaking.” All in, Target said it grew...