Amazon’s grip on the online shopping industry appears to be tightening. A new survey of Black Friday shoppers from PYMNTS showed the Seattle retailing giant dominated its rivals in the traditional post-Thanksgiving holiday season kickoff. Get the Full Story Complete the form to unlock this...
In today’s top news in digital-first banking, European Central Bank (ECB) President Christine Lagarde cautioned that stablecoins could be a risk to monetary sovereignty, while Velo Labs is working with Visa and Lightnet on lending in Asia. Plus, the Central Bank of Iceland (CBI) is...
U.S.-based fast food chain Wendy’s is partnering with India’s Rebel Foods and Sierra Nevada Restaurants to launch roughly 250 ghost or cloud kitchens across India. As part of a strategic partnership designed to increase Wendy’s presence in the country, Sierra Nevada will also develop 150...
In today’s top payments news around the world, total revenues for China-based Meituan increased in Q3 by 28.8 percent year over year, and Amazon merchants rang up over $4.8 billion in global sales from Black Friday up to Cyber Monday. Plus, former Google CEO Eric...
Kohl’s and Sephora are partnering for a long term shop-in-shop strategy to enhance the selection of available beauty products. 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...
Anyone who missed the significance of Cyber Monday this year gets a hall pass. The pandemic has rendered what started in 2005 as a reason for people to shop at work after a long holiday weekend meaningless. Yes, the numbers were there – but Cyber...
Today in B2B payments, Virgin Money has tapped a FinTech partner as it prepares the rollout of its business banking offering, while Iceland debuts its instant payments network. Plus, Altana raises funding for its supply chain technology, Velo Labs partners with Visa on SME lending...
European Union competition watchdogs are looking to not only rein in today’s Big Tech online platforms, but also create rules that would prevent new companies from achieving market dominance in the future, a top EU regulator says. Get the Full Story Complete the form to...
GoSite, a digital platform for small businesses, has landed $40 million in a Left Lane Capital-led Series B fundraising round. Cove Fund, Longley Capital, Ankona Capital, Stage 2 and Serra Ventures also took part in the round, according to a Tuesday (Dec. 1) announcement. Get...
