News

Retail
Amazon Prime, Walmart+ See Post-Holiday Declines As Free Trials Expire
January 11, 2021

Amazon Prime and the recently launched Walmart+ both saw drop-offs in U.S. paid subscribers in late December, but Walmart+ fell further — showing the newcomer has a fight on its hands to win broad adoption. Get the Full Story Complete the form to unlock this...

Retail
Retail Rents Falling From Manhattan To Los Angeles
January 11, 2021

COVID-19 and the digital-first trend are sending U.S. retail rents falling in many locales by percentages even greater than those seen in or after the 2007-08 Great Recession. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Build-A-Bear Projects 90-100 Pct Jump In eCommerce Demand
January 11, 2021

Build-A-Bear Workshop, Inc. anticipates that eCommerce demand for the fiscal 2020 fourth quarter will jump 90 percent to 100 percent in contrast to the fiscal 2019 fourth quarter, according to a Monday (Jan. 11) announcement. Get the Full Story Complete the form to unlock this...

Banking
NCR’s $1.7 Billion Cardtronics Bid Signals Appeal Of ATM, Debit Network
January 11, 2021

Cash. Digital. Even cryptos – and post-pandemic, a quickening embrace of the ATM. 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
CarLotz Plans Rollout Of US Hub Network
January 11, 2021

To provide a used automotive purchasing and selling experience to new geographies, CarLotz, Inc. unveiled intentions to launch a countrywide hub network. The news comes on the heels of its announcement that it would become a public company through a merger with a special purpose...

Mobile Commerce
Mastercard Launches Pilot Program Using Smartphones As POS Devices
January 11, 2021

Mastercard is testing a cloud-based setup that will “enable contactless payments acceptance via a mobile phone.” This Cloud Tap on Phone will mean that “any business – regardless of size – can deliver new and best-in-class contactless consumer experiences using a device they already own:...

B2B Payments
Coronavirus Puts B2B Payment Timing In A Tailspin
January 11, 2021

Having invoices financed is one way to combat late B2B payments, but in Europe, one watchdog is raising concerns that new standards for default may see a dramatic rise in soured debts. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Cutting Through Global Trade Friction At SMBs’ Point Of Need
January 11, 2021

To finance the estimated $27 trillion worth of cross-border B2B trade flowing through the globe’s supply chains, some businesses have plenty of options — from traditional bank loans to invoice factoring and other trade financing products. Get the Full Story Complete the form to unlock...

Digital Banking
Neobank Revolut Applies For UK Financial Services License 
January 11, 2021

British challenger bank Revolut has submitted a banking license application to the U.K. Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...