News

News
Today In Payments: Airbnb Files For IPO; Apple Hits $2T Milestone
August 20, 2020

In today’s top news, Airbnb has filed for an IPO with the SEC, and Apple hit a market value of $2 trillion. Plus, ride-hailing competitors are ready to fill the space if Uber and Lyft suspend services in California. Get the Full Story Complete the...

Retail
Target Rolls Out Grocery Pickup Nationwide As Competition Mounts
August 20, 2020

The grocery wars just got a little hotter, with Target rolling out pickup and drive-up service at 1,500 stores across the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Delivery
DoorDash Dives Into Grocery Delivery Business
August 20, 2020

Delivery powerhouse DoorDash has entered the grocery business, the company announced on Thursday (Aug. 20). 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,...

Ridesharing
Uber And Lyft Vow To Suspend Service Friday In California
August 20, 2020

Unless an appeals court intervenes at the last minute, Uber Technologies Inc. and Lyft Inc. are ready to suspend their ride-hailing services in California on Thursday (Aug. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
AMC Reopens Theaters With 15-Cent Ticket Pricing
August 20, 2020

Another piece of pre-pandemic life came back online today, with AMC Entertainment reopening the doors to 100 movie theaters across the country that have sat vacant for months after COVID-19 triggered sweeping lockdown measures. Get the Full Story Complete the form to unlock this article...

Retail
Airbnb Sets Global Party Ban, Occupancy Limit
August 20, 2020

Airbnb customers who are planning to hold a large party at one of the online rental platform’s vacation homes are advised to make other arrangements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Delivery
Restaurant Closures In India Stymie Food Delivery Demand
August 20, 2020

Despite strong demand for food delivery in India due to dining restrictions wrought by COVID-19, transactions are below pre-pandemic levels because of a supply problem — many restaurants remain closed, delivery company Zomato concluded in a new report. Get the Full Story Complete the form...

Regulation
EU Privacy Regulators Disagree On Twitter Fine
August 20, 2020

European Union (EU) privacy watchdogs are at odds over whether to fine Twitter Inc. for its handling of a data breach last year and how much should be assessed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
USPS Issues Take Toll On eCommerce Deliveries
August 20, 2020

Delays at the Unites States Postal Service are starting to take their toll on eCommerce deliveries. As Postmaster General Louis DeJoy prepares to testify before the Senate Homeland Security and Governmental Affairs Committee in a virtual hearing on Friday (Aug. 21) and slowdowns persist across...