News

Retail
Ikea And What Comes Next For Printed Catalogs
December 07, 2020

It’s been a seven-decade-long run, but Ikea is formally saying goodbye to its printed catalog. 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,...

B2B Payments
Today In B2B: Revolut Debuts New Business Feature; MonetaGo Targets Trade Finance Fraud
December 07, 2020

Today in B2B payments, Revolut launches a new solution for its business customers, and MonetaGo collaborates to combat trade finance fraud. Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners secures new funding, and ImagineTime partners on FinTech for accountants. Get the Full Story Complete...

IPO
C3.ai Boosts IPO Share Price In Bid To Raise $589 Million
December 07, 2020

With investors flocking to tech stocks, C3.ai said it expects to raise $589 million in its initial public offering (IPO). Reuters reported on Monday (Dec. 7) that the software provider was boosting its price range for shares. Get the Full Story Complete the form to unlock...

News
Today In Payments Around The World: Revolut Rolls Out Acquiring Solution For Businesses; JD.Com Accepts...
December 07, 2020

In today’s top payments news around the world, Revolut has debuted an acquiring solution for its Revolut Business starter pack, while online shopping website JD.com is taking digital yuan. Plus, the European Union (EU) is looking to implement a two-tier system of legislation with its Digital...

Banking
France’s Societe Generale, Credit du Nord To Merge, Ramp Up Digital Banking
December 07, 2020

Societe Generale (SocGen) and Credit du Nord, both based in Paris, have approved a plan to merge their retail banking operations, the banks said in a Monday (Dec. 7) press release. In addition, SocGen said, the plan is to beef up Boursorama, a retail digital banking operation...

Retail
Today In Retail: eCommerce Shift Fuels Pier 1, Dressbarn Sales; Frasers Group Could Buy Debenhams
December 07, 2020

In today’s top retail news, Retail Ecommerce Ventures (REV) indicated that the migration to eCommerce and trends such as “quest for comfort at home” were behind formidable sales at Pier 1 Imports and Dressbarn on Cyber Monday/Black Friday, while Frasers Group said it is in discussions to...

News
Today In Digital-First Banking: Lumin Collaborates With Jax Federal; JPMorgan Predicts Record eCommerce Holiday Season
December 07, 2020

In today’s top news in digital-first banking, Lumin Digital is collaborating with Jax Federal Credit Union (JAXFCU), while J.P. Morgan predicts a record eCommerce holiday shopping season. Plus, a new Singaporean online financial institution created in a joint venture between Grab Holdings Inc. and Singapore...

Retail
Luxury Retail’s 2020 Journey Goes From Up To Down To East And Online
December 07, 2020

If you happen to be sitting on an extra $200,000 and are looking for a special gift for that certain someone, you’d better hustle over to the Luxury Week online auction at Christie’s and place your bid for the “rare and exceptional” diamond- and gold-encrusted...

Regulation
New EU Guidelines Ask Google, Digital Platforms To Disclose Search Ranking Criteria
December 07, 2020

European Union (EU) guidelines released on Monday (Dec. 7) ask that Google, Amazon and other digital platforms provide an explanation about how search results are ranked. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...