News

IPO
Tencent-Backed WeDoctor Still Planning Huge IPO By February
December 16, 2020

Chinese healthcare technology group WeDoctor is still planning a massive IPO in Hong Kong in the coming months, despite the recent departure of its CFO, John Cai. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
Gaming Platform DraftKings Partners With InComm Payments For Retail Gift Cards
December 16, 2020

Digital sports entertainment and gaming industry platform DraftKings — known for its top-rated daily fantasy sports and mobile sports betting apps — today announced an agreement with InComm Payments, a global leading payments technology company, to launch an industry-first retail gift card.  Get the Full...

Artificial Intelligence
Will Vroom’s Plan To Bring AI To Auto Sales Mark The Death Of Dealerships?
December 16, 2020

“Buy a car entirely online, and have it safely delivered, contact-free.” So goes the pitch at online car-buying platform Vroom, which is turning to artificial intelligence (AI) and machine learning (ML) to further accelerate the transformation of the used car business. Get the Full Story...

Acquiring
Fiserv To Acquire FinTech Ondot Systems
December 16, 2020

The FinTech Fiserv “has signed a definitive agreement to acquire” Ondot Systems, which provides a “digital experience platform” for financial institutions (FIs), according to a press release on Wednesday (Dec. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Delivery
‘Ship-ageddon 2020’ Just Keeps Getting Worse
December 16, 2020

With eCommerce volume way up for the holiday shopping season, we knew it was going to be a tricky year for gift shipping. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Europe
Five Key Takeaways For Big Tech From Europe’s Digital Services Act  
December 16, 2020

In Europe, it’s a shot across the bow for U.S. tech giants. 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...

Retail
Best Buy Caters To Consumer Preferences With In-Store Digital Upgrades
December 16, 2020

The accelerated arrival of the digital-first economy has happened so fast that retailers are making adjustments on the go. One of the most significant at this late point of the holiday season is from Best Buy, which announced this week that it is changing some...

Retail
CarLotz Reports 12 Pct Rise In Net Revenues
December 16, 2020

Consignment-to-retail used vehicle marketplace CarLotz, Inc. said on Wednesday (Dec. 16) that its total revenues rose 12 percent for Q3 2020 to $29.8 million, up from $26.5 million during the same time last year, according to an announcement. Get the Full Story Complete the form...

Retail
Benetton Group Teams With Retail Intelligence Firm EDITED
December 16, 2020

Benetton Group, an Italian fashion company, is teaming once more with retail market intelligence firm EDITED as a “necessary platform” for its future three-year roadmap, according to a Wednesday (Dec. 16) announcement. Get the Full Story Complete the form to unlock this article and enjoy...