Amazon is reportedly dialing back some of its efforts in India. The firm has announced over the past week that it’s closing three noncore businesses in the country: a food delivery service called Amazon Food; an education tech business; and a B2B eCommerce business called...
Foot Locker’s chief financial officer will step down next year. The athletic retailer said in a Tuesday (Nov. 29) press release that the departure of Andrew Page — following the release of the company’s next earnings report in January — comes amid a series of...
PYMNTS talks with Karen Bruck, vice president of commerce and strategic initiatives at Mercado Libre, about the unique opportunities and challenges in Latin American eCommerce. — Latin America’s eCommerce market is expanding rapidly, especially as the pandemic has radically altered consumers’ shopping habits. Brick-and-mortar shopping was previously the name of the game,...
A new PYMNTS survey reveals 12% of SMBs are concerned they won’t survive beyond 2023. The Main Street Health Report shows increasing costs and fluctuating revenues are at the root of their worries, as cash flow challenges already impact roughly 1 in 4 small and medium-sized businesses...
Real-time data. Online social networks. Real-time payments. For the fraudsters, it’s all a match made in heaven. As DataVisor CEO Yinglian Xie told PYMNTS’ Karen Webster criminals are proving adept at data sharing in organized ways — and their schemes are proving more lucrative than...
Public transit is still reeling from pandemic impacts that left trains and buses mostly empty in 2020 and 2021. Recently, there’s been a push by transit authorities to consider open-loop payment systems that accept the rider’s preferred payment method, encouraging commuters or visitors to simply...
Payments personalization enables a merchant to deliver a ubiquitous experience — consumers in any market can pay in any manner they choose. We’re not there yet. But BigCommerce CEO Brent Bellm, Computop CEO Ralf Gladis and PayU CEO Mario Shiliashki told Karen Webster that taking...
South Dakota Gov. Kristi Noem has banned the use of TikTok on state devices. Noem signed an executive order Tuesday (Nov. 29) that applies the ban to state devices used by state government agencies, employees and contractors, saying in a press release that the social...
The digital shift is giving way to the delivery shift. Or said another way — for consumers who want to make sure they get exactly what they ordered, while also saving money on shipping costs, becoming the delivery person is becoming an attractive option. In...
