News

Retail
From GOAT Insurance To First Fumble, Online Super Bowl Betting Is Going Nuts
February 04, 2021

Although COVID restrictions will see casinos and sportsbook rooms a lot less crowded this year, legal online betting on the Super Bowl is soaring. According to the American Gaming Association, the addition of 36 million adults in seven new legal sport betting states — for...

Delivery
Dubai’s Careem Introduces Commission-Free Model For UAE Restaurants
February 04, 2021

Dubai’s food delivery and rideshare startup Careem is introducing a commission-free model to help its restaurant partners in the United Arab Emirates (UAE) region, CNBC reported on Thursday (Feb. 4).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

eCommerce
Walmart Buys Ad Tech Platform As Rivalry With Amazon Intensifies
February 04, 2021

Walmart is buying up the technology and assets behind Thunder, which uses automation to create digital ads. One key goal for the retailer is to bring in more advertising business from small to medium-size businesses (SMBs). The behemoth retailer’s latest move is part of its...

B2B Payments
IBM Shows Enterprise Blockchain’s Bumpy Path From Concept To Reality
February 04, 2021

In business, as in life,  things don’t always work out. 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...

Retail
eBay Adds 11 Million Buyers in 2020; Looks To Keep Momentum Post-Pandemic
February 04, 2021

eBay ended 2020 with a flourish, with Q4 and full-year results that came in ahead of expectations. The eCommerce stalwart saw its annual active buyers count up  7 percent to 185 million globally, and added two million buyers in the fourth quarter over Q3. That...

Retail
AutoNation Revamps Digital Car Shopping Experience
February 04, 2021

Automotive retailer AutoNation, Inc. revealed an improved experience for its integrated retailing product, AutoNation Express, which provides customers with an omnichannel auto shopping and buying experience, according to a Thursday (Feb. 4) announcement. Get the Full Story Complete the form to unlock this article and...

Retail
Waitwhile Lands $12 Million To Help Retailers Manage Wait Lines
February 04, 2021

Waitwhile has landed a $12 million investment from venture capital firm CRV as part of its Series A financing round. The queue management firm says it will apply the infusion toward growing into new markets, expanding the firm’s technical workforce and continuing to widen its...

Retail
Shiseido Sells Personal Care Business To CVC For $1.5 Billion
February 04, 2021

Shiseido is selling the personal care portion of its business for $1.5 billion to CVC Asia Pacific Limited, a company blog says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
PSD2’s SCA Rules Create Snags For Commercial Card Payments
February 04, 2021

The start of 2021 marked the start of Strong Customer Authentication (SCA) enforcement across Europe under the European Banking Authority’s PSD2 (revised Payment Services Directive) regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...