News

Retail
Wegmans Places Purchase Limits On Items To Prevent Panic Buying
November 18, 2020

As a response to the recent rise in COVID-19 cases across the U.S., Wegmans issued guidelines and safety measures to manage shopping crowds during the holiday season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

News
Today In Payments: US Consumers Pay Down $10B In Credit Card Debt In Q3; Amazon...
November 18, 2020

In today’s top news, U.S. consumers paid off $10 billion in credit card debt in the third quarter of 2020, and Amazon Pharmacy launched for consumers to order prescription medications. Plus, Walmart+ gets a closer look after the retail giant’s third-quarter earnings call. Get the...

Digital Banking
LGBT+ Digital Bank Daylight Launches With Visa Fast Track Boost
November 18, 2020

Daylight, the first digital bank for the LGBT+ community, just went live in a Nov. 18 launch made possible by a big assist from Visa’s Fast Track program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Bain Study: COVID Batters Luxury Goods Sales, Sparks Innovation
November 18, 2020

While the ongoing COVID-19 pandemic has hit the luxury goods market hard, it has also spurred underlying change in the business, according to a new study by Bain & Co. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

IPO
Investor: Ant Group Could Still Have Record IPO, Despite Setbacks
November 18, 2020

Ant Group’s expected initial public offering (IPO) was scuttled this month, but the Chinese internet giant still has fans who are rooting for an IPO, which would be the world’s largest. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payments Innovation
Google Pay Redesign Heralds Rise Of Plex, Google’s Smart DDA
November 18, 2020

Imagine Google Pay as a super app, loaded with more insight. And, coming soon, smart banking to boot. To that end, Google said on Wednesday (Nov. 18) that it has launched its redesigned Google Pay in the United States on Android and iOS. Get the Full...

B2B Payments
Today In B2B: Boost Collabs On Healthcare Biz Card Acceptance; Mogo Enters The B2B World
November 18, 2020

Today in B2B payments, Boost collaborates on commercial card acceptance in healthcare, while consumer payments firm Mogo steps into the world of B2B through an acquisition. Plus, Nav debuts its imbedded small business financing solution, Cambridge Global Payments expands its Beanworks partnership and Basware rolls...

Retail
TJX To Add eCommerce To HomeGoods Site Amid Lagging Physical Sales
November 18, 2020

Retail giant TJX Cos. said Wednesday (Nov. 18) that it plans to add eCommerce to its HomeGoods.com site in 2021 as same-store sales at its flagship Marshalls and T.J. Maxx brick-and-mortar stores continue to suffer from the pandemic. TJX said as part of its fiscal...

Retail
Target Q3 Earnings Show Continued Momentum For Digital-First Strategy
November 18, 2020

Target continued its winning digital-first strategy for the third quarter as the company announced another triple-digit eCommerce spike on its earnings call Wednesday (Nov. 18). By the digital numbers the company rode its “store as a fulfillment center” model to a 155 percent growth rate...