News

Retail
JPMorgan Forecasts Record Online Holiday Shopping Season
December 04, 2020

J.P. Morgan Chase said that brisk Black Friday and Cyber Monday sales are likely indicators of a record-breaking eCommerce holiday shopping season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

News
Today In Payments: Stripe To Offer Banking As A Service To Merchants; Affirm Expands Canadian...
December 04, 2020

In today’s top news, Stripe will offer financial services to merchants on its platform, Affirm acquired BNPL firm PayBright, and J.P. Morgan analysts predict merger and acquisition deals to continue to surge through the holiday season. Get the Full Story Complete the form to unlock...

Banking
Spanish Bank Sabadell Resets After Failed BBVA Merger
December 04, 2020

Sabadell is reportedly looking at cutting jobs and striking distribution deals with other European banks after merger talks with fellow Spanish banker BBVA crashed last week, Reuters reported. The two could not agree on a price. Get the Full Story Complete the form to unlock this...

IPO
Petco Files For IPO As Demand For Pets Surges During Pandemic 
December 04, 2020

Petco has set its sights on going public as the demand for pets and related supplies skyrocket amid the global COVID-19 pandemic, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Banking
Banking As A Service — Bring Corporates Into The Digital Age
December 04, 2020

Banking as a Service (BaaS) is poised to change the end user experience of corporates as they navigate the daily challenges of cash flow management, supply chain activity and the need to become digital-first. Get the Full Story Complete the form to unlock this article...

IPO
With Millions Trapped At Home, Books Are Back, Baby!
December 04, 2020

It may be half a world away, but the belated and successful initial public offering (IPO) of Australia’s largest online bookseller this week has sent investors and industry watchers alike scrambling to figure out exactly what the heck is going on in an industry that...

Retail
Warner Bros. Just Broke The Movie Business – Can Theaters Rebuild It?
December 04, 2020

It will likely go down in history as a day that will live in infamy in the movie business. In an unprecedented move, the Warner Bros. movie studio has announced that it will send 17 films — including expected blockbusters like the “The Matrix 4,” “The Suicide Squad”...

IPO
DoorDash Raises Target Price To $90-$95 A Share For Potential $3.14 Billion IPO
December 04, 2020

Food delivery platform DoorDash is looking to raise up to $3.14 billion in its hotly anticipated initial public offering (IPO) and has increased its target price to as much as $95 a share, according to a U.S. Securities and Exchange filing Friday (Dec. 4). Get...

Retail
ShipMonk Pulls In $290 Million For eCommerce Growth Effort
December 04, 2020

ShipMonk has pulled in $290 million in a funding round led by Boston-based Summit Partners as part of an expansion effort. Florida’s ShipMonk, started in 2014, offers eCommerce fulfillment services and technology solutions. Get the Full Story Complete the form to unlock this article and...