Venmo, the digital money transfer company owned by PayPal, is going after consumers who have a negative balance in their accounts. According to a report in The Wall Street Journal, citing customer service emails reviewed by the paper, Venmo is threatening to involve debt collectors to...
Twitch, the streaming gaming platform, has reportedly dumped cryptocurrency as a payment method. 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....
Naspers, the South African company, is gearing up to spin off and list its Amsterdam internet assets in a new group that will include all of its $134 billion stake in Tencent Holdings, the Chinese technology giant. Get the Full Story Complete the form to unlock...
To connect food delivery platforms with consumers looking for convenience and cost savings, eCommerce innovators are creating aggregators as price and time comparison tools. Take FoodBoss, which was co-founded by Michael DiBenedetto after he faced a challenge when he wanted to order food with a...
Nordstrom did not exactly have the brightest or merriest holiday season in 2018. The retailer was showing many of the same symptoms of Q4 malaise as Macy’s, JCPenney and Neiman Marcus: lower-than-expected revenue, weak same-store sales performance and falling foot traffic. Get the Full Story...
In the latest European Union sanction related to cross-border sales, Nike received a $14.14 million — or 12.5 million euro — fine. The European Commission claimed that the practices involved licensed merchandise from Manchester United, FC Barcelona and AS Roma, among other names, and took place...
To help meet customer expectations in the digital age, retailers have to know who their shoppers are and what they want. While eTailers already have this information about consumers, brick-and-mortar retailers don’t have this in-depth knowledge. New digital innovations, however, provide the promise of offering...
Shipping and logistics conglomerate UPS has partnered with eCommerce technology company Inxeption to allow businesses to market and distribute products on multiple online channels from one secure place. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Across all manner of verticals, efficient supply chains can boost margins, but in order to capture those efficiencies, supply chain management processes need a technological overhaul. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
