News

Automated Retail
Standard Cognition Acquires DeepMagic Auto-Pay Startup To Take On Amazon Go
October 10, 2019

Standard Cognition, which is an autonomous self-pay startup valued at $535 million, has set its sights on competing with rival Amazon Go, a cashierless enterprise from the online marketplace giant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cross-border Payments
Russian Central Bank Says ‘Nyet’ To Digital Crypto
October 10, 2019

The Chief of Russia’s Central Bank Elvira Nabiullina said she doesn’t see any pertinent or obvious reason to create a national digital currency, according to a report by Russian News Agency TASS. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
PUMA To Capitalize On eSports Trend With Cloud9 Partnership
October 10, 2019

PUMA has announced that it is signing a multi-year deal with eSports brand Cloud9 to make clothing for gamers in the same way it makes soccer jerseys and other sports-related apparel. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Delivery
Einride Presses The Pedal On Autonomous Delivery
October 10, 2019

The (delivery) robots are coming fast, and seem poised to take over the world. 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...

News
Top News In Payments: Credit Card Interest Rates Approach Record Levels; WhatsApp Pay India’s Rollout...
October 10, 2019

Today in the payments news roundup, average interest rates on credit cards are approaching record levels. Also, the rollout of WhatsApp Pay in India may be held back by data processing regulations. And the Libra Association’s member firms are slated to meet on Monday (Oct....

Retail
Athleisure 2.0 And Standing Out With (CBD) Innovation
October 10, 2019

Athleisure is a large and growing market. As of 2016, the industry generated around $46 billion in U.S. sales, and by next year that figure is widely forecast to hit $83 billion in the U.S. and $360 billion worldwide. That is slightly more than the...

Retail
Dollar General Works On Buy Online, Pick Up In-Store Feature
October 10, 2019

In a move that could help the retailer bring in a younger demographic, Dollar General Corp. is in the process of making it possible for shoppers to buy products online and pick them up at a store near them. The retailer has a mobile app feature that...

Retail
As NBA Drama Plays Out In China, Retailers Push Forward
October 10, 2019

The last few days has brought new retail news from China, as the NBA tries to keep hold of its commerce presence in that country after controversy involving the protest in Hong Kong. But that’s not all that’s going on with retail in China, where...

Retail
H&M Becomes Majority Owner In Sellpy
October 10, 2019

With a move that follows the fashion retailer’s efforts to become fully circular and support its global expansion, H&M Group has taken a majority stake in Sellpy. The group began investing in the re-commerce business in 2015 and has invested roughly US$5.07m (SEK50m) via its...