News

News
Amazon’s Bitcoin Embrace And Cannabis Burgers Top The Week’s News
April 26, 2019

The end of a busy week provides a chance to catch up on the biggest news from the world of digital payments and commerce – news, trackers and even fun stories you may have missed. Welcome to the PYMNTS Weekender. We hope you enjoy. Get...

Delivery
Amazon’s One-Day Shipping Sends Target, Walmart Shares Toppling
April 26, 2019

Amazon announced on Thursday (April 25) that it was going to make one-day shipping standard for all Amazon Prime members. Shares in retail giants Walmart and Target tumbled on Friday (April 26), according to a report by CNBC. Get the Full Story Complete the form...

Cross-border Payments
Alibaba Aims To Double Tmall Transaction Volumes
April 26, 2019

With ambitious aims for Alibaba Group Holding Ltd., Jiang Fan wants to increase transaction volume by two times in three years. Fan, who is one of the closest lieutenants to Jack Ma, runs the two largest eCommerce businesses for the firm, Bloomberg reported. Get the...

Retail
Sweetgreen Reverses Cashless Approach
April 26, 2019

Amid the backlash to cashless stores around the country, Sweetgreen plans to start taking legal tender. Critics contend that cashless stores impact those that don’t have credit cards, bank accounts or like to pay via cash, The New York Times reported. Get the Full Story...

Retail
Retail Pulse: Floravere Opens NYC Store; Target Debuts Everspring Brand
April 26, 2019

Direct-to-consumer wedding brands are opening stores in real life — and personalizing the customer experience within them through digital technology. Floravere, for instance, opened its first brick-and-mortar location in New York City’s Tribeca neighborhood — a space that it says “reimagines shopping for one of the...

Retail
The Whole Paycheck Tracker: One-Day Shipping, Online Pharmacy And AI-Enabled Stores
April 26, 2019

In the race for the consumer’s whole paycheck, Amazon was the busier runner this week with a host of announcements on quarterly earnings, upgraded shipping options and its ongoing push into the healthcare industry. Less out of Walmart this week, by comparison, though the in-store...

B2B Payments
Employees Start To Expense eScooter Rides
April 26, 2019

The rise of Uber, Lyft and other ridesharing services on the corporate expense report represented a significant shift in the ground transportation sector and how business travelers embrace such on-demand services. Now, data from T&E solution provider Certify has identified another shift in this market....

B2B Payments
Supply Chain Compliance In The Amazon Era
April 26, 2019

In the world of supply chain compliance, complex regulatory requirements like Know Your Customer (KYC) and anti-money laundering (AML) probably come to mind. There are also the challenges of supplier management, tax legislation, cross-border compliance, worker protection and more. Get the Full Story Complete the...

B2B Payments
Mile High Labs Targets CBD Supply Chain Friction
April 26, 2019

CBD isolate extractor Mile High Labs is targeting friction in the CBD supply chain through the launch of supply chain management solutions offered by Chain.io, the company said in an announcement on Thursday (April 25). Get the Full Story Complete the form to unlock this...