News

News
Top News In Payments: Alipay Says ‘No’ To Crypto, Shopify Rolls Out Experts Marketplace
October 11, 2019

Today in the payments news roundup, Alipay says it will ban bitcoin and digital currency-related transactions. Also, Shopify has rolled out a gig marketplace focused on retailers. And Domino is collaborating with Amazon Wedding Registry to launch an interactive and shoppable experience. Get the Full Story Complete...

B2B Payments
SAP Headed For Leadership Shakeup As CEO Exits
October 11, 2019

Bill McDermott, the chief executive officer of SAP, is stepping down. 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 Today. By completing...

Investments
Cash-Strapped WeWork Turns To SoftBank For Funding
October 11, 2019

WeWork needs to be financed by the end of November or it will run out of money. 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...

Partnerships / Acquisitions
Uber Moves Into LATAM Grocery Delivery With Cornershop Buy
October 11, 2019

Uber announced that it’s buying a majority stake in grocery delivery company Cornershop. 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 Today....

Retail
Walmart Looks To Split PhonePe, Flipkart
October 11, 2019

Global retail giant Walmart has plans to spin off India’s PhonePe from Flipkart and create a separate entity, the Economic Times reported on Friday (Oct. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Seeing The Future — Via Cosmic Subscription 
October 11, 2019

In the last few years astrology has seen something of a cultural renaissance, particularly among millennial consumers. As recently as five years ago astrology was something of a niche market with only a handful of devotees among New Age enthusiasts. But despite being the generation...

Retail
Audi Offshoot Offers First ‘In-Car Virtual Reality Experience’
October 11, 2019

To provide what has been described as the world’s first “in-car virtual reality experience,” Holoride has collaborated with Universal Pictures and Ford. The software firms’ technology is used by gaming partners like Disney for virtual experiences that simulate a vehicle’s movements. Passengers wear headsets to...

Retail
Retail Pulse: The Vitamin Shoppe Opens NextGen Store; Dollar General Taps Into BOPIS
October 11, 2019

Brick-and-mortar retailers are creating next-generation stores that incorporate interactive features into their designs with the help of technology. The Vitamin Shoppe, for instance, reimagined a 3,185 square-foot space in Edgewater, New Jersey, building off the footprint of an existing store to debut an “innovation retail concept”...

Retail
Mercato Unveils Grocery Delivery Subscription Plans
October 11, 2019

To allow shoppers to save time and money at neighborhood grocers, eCommerce platform Mercato has rolled out Mercato Green. The membership offering lets consumers in over 25 states across the country receive unlimited free, same-day deliveries from local grocers. The company will also “plant a...