News

Retail
MercadoLibre: The ‘Amazon Of Latin America’ Spreads Its Wings
June 03, 2020

Imagine if a North American company had the market share of Amazon, the payment flexibility of PayPal and the credit portfolio of Visa. In Latin America, such a company exists in the form of MercadoLibre, a triple-threat regional financial powerhouse based in Argentina. It is...

Security & Fraud
It Takes A Hub: Fighting eCommerce Fraudsters Across New Vectors
June 03, 2020

As commerce shifts online in a pivot that is likely to remain permanent, the fraudsters are also shifting their targets — and methods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Banana Republic Gives $20M In Clothing To Disadvantaged
June 02, 2020

Banana Republic will donate more than $20 million in clothes to Americans in need to help with the financial strain of the pandemic through its Will Work for a Better Republic initiative, a press release states. Get the Full Story Complete the form to unlock...

IPO
Vroom’s IPO Could Net $366.6M
June 02, 2020

eCommerce vehicle retailer Vroom has started the initial public offering (IPO) of its common stock, according to an announcement. 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...

B2B Payments
DBS Bank India Collab Provides Truck Drivers With Instant Payments
June 02, 2020

DBS Bank India is partnering with Transport Corporation of India Limited (TCIL), which works in supply chains and logistics services, to provide truck drivers with instant payments via an application programming interface (API) solution, according to a press release. Get the Full Story Complete the...

B2B Payments
GoCardless Partners With YayPay For Faster Automated B2B Payments
June 02, 2020

GoCardless, a FinTech specializing in recurring payments, has partnered with predictive accounts receivable (AR) automation solution firm YayPay, which will allow the latter to integrate automated AR services and get B2B payments to customers around the world quicker, according to a press release. Get the...

Loyalty & Rewards
New Apple Card Users Can Earn $50 For Shopping At Walgreens
June 02, 2020

Apple and Walgreens are now partnering to offer new cardholders a $50 Apple Card bonus after they spend the same amount of money at Walgreens, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Amazon Seeks To Use Blockchain Tech For Supply Chain Trust
June 02, 2020

Amazon Technologies Inc. is seeking to create supply chain trust with “verifiable tracking of an item through a supply chain using a distributed electronic ledger,” FreightWaves reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
Aussie BNPL Firm Zip Co Inks Deal With QuadPay To Reach US Market
June 02, 2020

Zip Co Ltd, the Australian buy now, pay later (BNPL) company, is acquiring rival QuadPay, the New York-based payment installment platform, the firms announced on Tuesday (June 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...