News

Retail
CDC Encourages Online Holiday Shopping To Keep Consumers Safe
September 28, 2020

The Centers for Disease Control and Prevention (CDC) has some advice for holiday shoppers who prefer brick-and-mortar stores to online shopping: avoid crowds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
Big Tech Compliance Tracker: Facebook Hints At EU Pullout Over Data Transfers Laws; Appeal Filed...
September 28, 2020

The latest news on Apple, Google, Facebook and other Big Tech firms that are coming under increasing scrutiny from regulatory watchdogs, trade organizations and politicians globally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Digital Banking
Ant Group Debuts Virtual Bank In Hong Kong Weeks After Filing IPO
September 28, 2020

Ant Bank, the virtual banking division of Hangzhou, China-based Ant Group, has launched banking services in Hong Kong, Fintech News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Amazon Gains Ground In Holdout Markets
September 28, 2020

The myth of Amazon dictates that any move it makes is nearly pre-ordained to end in rousing success for the eCommerce giant, crushing defeat for whatever incumbent force is trying to compete with them and a commerce paradigm left forever altered. Get the Full Story...

Mobile Payments
Mobile Payments On Smartphones Soar 26 Pct YOY In Japan
September 28, 2020

Making mobile payments with a smartphone in Japan is more popular than ever, according to eMarketer, a New York-based market research company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
ALDI To Test Online Grocery Ordering At UK Stores
September 28, 2020

ALDI, the German discount grocer, is taking another big step into the world of eCommerce as the coronavirus pandemic reshuffles the retail landscape around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
CarMax Shifts Into Digital Overdrive
September 28, 2020

Online car-buying continues its momentum as CarMax, which bills itself as the largest retailer of used cars, has announced the completion of its digital rollout, which the company says gives CarMax the largest addressable market in the used car industry. Get the Full Story Complete...

Retail
The Metaverse Sets Up Real Opportunities For Retail
September 28, 2020

Back before social distancing, when people used to have cocktail parties, “metaverse” would have been a cocktail party word. After all, it’s hot, trendy, digital and no one seems to know exactly what it means, hence its power as a discussion starter. But as it...

Retail
Neiman Marcus Emerges From Chapter 11
September 28, 2020

Neiman Marcus Holding Company Inc. has completed its Chapter 11 bankruptcy protection process and emerged from one of the highest-profile retail collapses since COVID-19 began, the Dallas-based company disclosed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...