News

Retail
McDonald’s, Burger King And Other QSRs Celebrate National Cheeseburger Day With App-Based Discounts
September 18, 2020

In case you missed it, Google and Apple were enveloped by a teensy scandal of sorts back in 2017. Google’s cheeseburger emoji placed the cheese beneath the burger patty, while Apple’s was on top. You can laugh, but it made headlines. Google CEO Sundar Pichai even tweeted (jokingly) that he...

Ridesharing
Gojek Ramps Up In Thailand With New App
September 18, 2020

Gojek, the Indonesian company that started as a call center for hailing motorcycle taxis 10 years ago and today offers services ranging from ride-hailing to money transfer, is doubling down in Thailand. Get the Full Story Complete the form to unlock this article and enjoy...

Partnerships / Acquisitions
CaixaBank, Bankia Merger Could Create Spain’s Largest Financial Institution
September 18, 2020

CaixaBank and Bankia announced on Friday (Sept. 18) that they are merging in a deal that, if approved by regulators and shareholders, will create the country’s largest financial institution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Mobile Banking Firm Chime Gets $14.5B Valuation With New Funding
September 18, 2020

Mobile banking upstart Chime has completed funding that has provided the firm with a $14.5 billion valuation, CNBC reported. 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...

Retail
Pandemic Predictions: Holiday Forecasts Depend On Three Factors
September 18, 2020

When the pandemic first took hold of the retail industry in March and April, the phrase “it’s hard to forecast during a pandemic” was heard in most every executive interview or earnings call. Now that the holiday sales season is imminent, the operative phrase is...

Retail
Can The US Follow China’s COVID Comeback?
September 18, 2020

The Chinese retail economy is on the comeback trail, lending optimism to the thinking that the U.S. can follow its model if the pandemic is brought under control. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Boosted Commerce Lands $87M, Buys Six Amazon FBA Firms
September 18, 2020

As it aims to develop an online shopping portfolio, Boosted Commerce said it has notched $87 million in investment and has purchased six Amazon fulfillment (FBA) firms. The company intends to “acquire and develop” 100 online shopping consumer packaged brands in the four years to...

B2B Payments
Why Small Coffee Shops Are Thinking Big About Digital
September 18, 2020

Independent coffee shops weren’t totally tuned out when it came to digitization in the pre-COVID-19 world, but it wasn’t an area of focus for them, according to Tim Griffin, founder of small business payments platform Cloosiv and chief product officer of its new parent company,...

Retail
British Retail Sales Volumes Climb 0.8 Pct In August
September 18, 2020

Retail sales volumes in Great Britain rose by 0.8 percent in August in contrast to July, marking the fourth straight month of expansion, according an Office for National Statistics news release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...