Following the unveiling of its electric vehicle concepts in 2018, Rivian Automotive LLC has notched a $700 million equity investment led by Amazon. And the electric automaker, which is based in Michigan, is reportedly in discussions with General Motors about potential funding, Bloomberg reported. Get...
CVS retail business, separate from its pharmacy operations, has had a difficult few years. Same-store sales have been falling, particularly as some staples that were once common drugstore sales have departed solidly online. Get the Full Story Complete the form to unlock this article and enjoy...
eCommerce brands are opening up pop-up shops in cities to test out brick-and-mortar retail, and Recess is using this platform to highlight its hemp-extract beverages in a temporary space in New York City that is dubbed the Take A Recess IRL Pop-Up. The company offers...
To stand out from the ubiquitous ridesharing giants of the world, on-demand startups are putting a new spin on transportation services with premium membership-based offerings. Alto, for instance, serves customers in the Dallas area who pay a monthly membership fee to receive a differentiated travel...
In a potential challenge to Apple at brick-and-mortar retail, Samsung Electronics is looking to move beyond pop-up shops with its own full-scale U.S. locations. The company will reportedly open three stores on Feb. 20, which is the day that the brand is expected to announce...
The costs of using some cards is going on the incline, as news is breaking that the nation’s two largest card networks, Visa and Mastercard, are preparing to up the fees charged to merchants to accept network-branded cards. The change will go into effect in early April, according to...
Order-to-cash software provider HighRadius is turning to artificial intelligence to enhance the accounts receivable process. 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,...
Corporate accounting platform ScaleFactor is rolling out its Android app for business professionals to gain real-time visibility into company finances. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Even Bank Secrecy Act officials are in the crosshairs of scammers, according to news of recent email “phishing” campaigns. Separately, the saga over the alleged accounting scandals at Wirecard continues, with raids at company offices in Singapore. Elsewhere, taxpayer dollars go missing in Ukraine amid...
