News

Partnerships / Acquisitions
Telefónica Shakes Up 5G Race With Rakuten Deal
September 16, 2020

Telefónica is teaming up with a pioneering Japanese eCommerce company in a bid to speed up the rollout of 5G. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Fitness Platform Zwift Notches $450M Amid Home Workout Investment Craze
September 16, 2020

Indoor, at-home training is apparently an in thing right now during the age of social distancing and coronavirus restrictions. 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...

International
Today In Payments Around The World: WorldRemit Introduces Tracking App; SBM Bank India Collaborates With...
September 16, 2020

In today’s top news in payments around the world, WorldRemit has launched a WorldRemit Transfer Tracker mobile app, and SBM Bank India has introduced a premium debit card for high-net-worth clients with Mastercard. Plus, Standard Chartered and Amazon.ae are launching a new installment payment method...

Partnerships / Acquisitions
Freight Logistics Startup sennder Buys Uber’s European Freight Operation
September 16, 2020

Berlin-based digital road freight logistics startup sennder announced Wednesday (Sept. 16) it has acquired Uber’s European freight business in an all-stock deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Delivery
Amazon Plans Massive Suburban Expansion To Speed Up Delivery
September 16, 2020

An Amazon delivery hub may be coming soon to a suburb near you. 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....

International
Decision Expected Soon On TikTok-Oracle Deal
September 16, 2020

President Donald Trump is expected to decide shortly whether the sale of TikTok, the China-based short video-sharing app, to Oracle Corp. is a go, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Kohl’s Reduces Corporate Workforce By Approximately 15 Pct
September 16, 2020

Kohl’s Corporation decreased its corporate headcount by roughly 15 percent as it took different measures to “further align its cost base” in response to the impact of the coronavirus on its business, according to an 8-K filing with the U.S. Securities and Exchange Commission (SEC)....

Retail
One-Click Checkout Gets Wheels With Company’s Fast Pivot
September 16, 2020

Talk about reinventing the wheel. Meet Shark Wheel, a company that has literally invented a wheel that’s not round and added some innovation to the eCommerce space by partnering with a new one-click checkout system. Get the Full Story Complete the form to unlock this...

Retail
US Retail Sales Rose 0.6 Pct In August, Short Of 1 Pct Prediction
September 16, 2020

Retail sales increased in August to $537.5 billion, up 0.6 percent, according to data published on Wednesday (Sept. 16) by the U.S. Census Bureau. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...