News

Investments
Travel App Maps.me Notches $50 Million For Multi-Currency Wallet
January 18, 2021

Offline travel app Maps.me has raised $50 million in a funding round led by Alameda Research, joined by new investors cryptocurrency lender Genesis Capital and crypto firm CMS Holdings, according to a Monday (Jan. 18) announcement, Coindesk reported. Get the Full Story Complete the form to unlock...

Retail
Today In Retail: Alimentation Couche-Tard Ends Effort To Purchase Carrefour; Ulta Beauty Decreases Headcount Amid Pandemic
January 18, 2021

In today’s top retail news, Alimentation Couche-Tard has scuttled an approximately $20 billion effort to buy Carrefour SA, while Ulta Beauty has reduced its corporate and field management staff amid the pandemic. Plus, the race is revving up at supermarket aisles throughout the nation to add...

eCommerce
India’s Reliance To Fold JioMart Into WhatsApp For One-Stop Shopping
January 18, 2021

India’s Reliance billionaire Mukesh Ambani is planning to embed its eCommerce app JioMart into WhatsApp within six months, according to a Mint report on Monday (Jan. 18), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Flipkart Lets Consumers Pay Retailers With ‘SuperCoin’ Rewards Points
January 18, 2021

Walmart-controlled Flipkart Group, which is looking to go public, will now allow its customers to use rewards points alone to pay for products — online and off. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

News
Today In Payments Around The World: Mobile Money, bKash Collaborate With Ripple; Ant Group Revamping...
January 18, 2021

In today’s top payments news around the world, Mobile Money and bKash have teamed with Ripple, while Ant Group is said to be quickly working to overhaul its operations to comply with government regulations. Plus, MercadoLibre has sold $1.1 billion in bonds to expand its...

Retail
COVID Vaccinations Could Be A Shot In The Arm For CVS, Walgreens, Other Pharmacies 
January 18, 2021

“We’re going to fully activate the pharmacies across the country to get the vaccination into more arms as quickly as possible,” Biden said in a speech on Friday (Jan. 15), outlining his plan to vaccinate 100 million Americans during his first 100 days in office....

Retail
CarLotz Aims To Disrupt Used-Car Business (And Go Public This Week)
January 18, 2021

CEO Michael Bor of CarLotz — a used-car platform he co-founded and expects to take public this week via a SPAC — says selling used vehicles isn’t all that different from his old job as a mergers-and-acquisitions investment banker. In both cases, someone would approach...

Retail
Kroger Joins Amazon In The Race To Add ‘Smart’ Grocery Carts 
January 18, 2021

The race is revving up at grocery aisles across America to add “smart” shopping carts that can track what consumers pick up off the shelves and allow them to pay without standing in line. Get the Full Story Complete the form to unlock this article...

Payments Innovation
Blackhawk: Better Connected Through Reflection And Focus
January 18, 2021

Talbott Roche, CEO of Blackhawk, explores how COVID-19 has inspired a strengthening of ties to community — and payments have been an important mechanism in that process. “The payment solutions that will rise to the top in 2021 and beyond will be those that meaningfully connect...