Online U.K. bank Monzo, fresh off a round of layoffs, has taken a major hit from the coronavirus pandemic, as shown by a funding valuation that is 40 percent lower than its valuation last year. Get the Full Story Complete the form to unlock this...
Carrefour Group, one of the world’s biggest supermarket chains, and Google are launching a voice-activated grocery shopping service in France. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
In today’s top news, Walmart acquired health services tech startup CareZone for $200 million, and Grab will lay off more than 300 employees. Plus, WhatsApp launched digital payments features for its app in Brazil. Get the Full Story Complete the form to unlock this article...
Square Inc., the San Francisco-based payments platform, has announced it purchased Verse, the Spanish mobile app startup that allows users to make payments instantly at no cost. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
As much as $26 billion in unemployment benefits in the United States is either being taken by fraudsters or improperly made for one reason or another, a top federal government watchdog estimates. Get the Full Story Complete the form to unlock this article and enjoy...
JCPenney may have a suitor. Reports circulating Tuesday (June 16) have Authentic Brands teaming with mall landlords Simon Property Group and Brookfield Properties teaming up to purchase the troubled retailer, which filed for bankruptcy on May 15. Get the Full Story Complete the form to...
U.S. eCommerce companies may be missing out on one of the hottest global trends. In China, eCommerce live streaming is all the rage — and a huge revenue generator — with all indications that eCommerce giants there will keep it growing. Get the Full Story...
As a next step in the direction of a digital-first, omnichannel experience, David’s Bridal is teaming with mobile wallet marketing automation platform Popwallet. The bridal and special occasion brand will have the ability to engage directly with shoppers in a “personalized, innovative, and dynamic” fashion...
U.S. retail and food services sales rebounded in May from April amid the pandemic, but they were still under levels seen in May 2019, according to the latest U.S. Census Bureau advance monthly sales numbers. The agency estimated advance monthly sales for May of $485.5...
