pymnts Profile:
Target (NYSE: TGT)
Target Corporation is the eighth-largest department store retailer in the United States, and is a component of the S&P 500 Index.
India Defends Global Turnover Antitrust Rule as Apple Challenges Multibillion-Dollar Fine
January 11, 2026
India is pressing ahead with a controversial competition law that allows regulators to calculate penalties based on a company’s worldwide revenue, a move that could significantly raise the financial stakes ...Read moreIndia Defends Global Turnover-Based Fines as Apple Challenges Antitrust Law
January 8, 2026
India’s antitrust regulator has told a court that calculating penalties based on a company’s worldwide revenue is necessary to effectively deter misconduct by large multinational corporations, according to Reuters. The stance was ...Read moreMusk’s Suit Over OpenAI’s for-Profit Switch Headed to Trial
January 8, 2026
Elon Musk’s suit against OpenAI has reportedly been cleared to proceed to court. The multi-billionaire convinced a judge Wednesday (Jan. 7) to permit a jury trial on his claim that the AI startup had violated ...Read moreNBH Bank Acquires Vista Bank for $377 Million
January 7, 2026
Colorado lender National Bank Holdings (NBH) Corporation has finalized its acquisition of Texas-based Vista Bank. The $377 million deal, announced Wednesday (Jan. 7), is designed to increase NBH’s footprint in three ...Read moreIndia Antitrust Watchdog Finds Major Steelmakers Guilty of Price Collusion
January 6, 2026
India’s competition regulator has concluded that some of the country’s largest steel producers, including Tata Steel, JSW Steel and state-owned Steel Authority of India Ltd (SAIL), breached antitrust rules by ...Read moreSouth Korea to Sharply Raise Fines for Price-Fixing and Unfair Trade Practices
January 4, 2026
South Korea’s government announced Tuesday that it will significantly increase financial penalties for companies found colluding to fix prices or engaging in other unfair trade practices, part of a broader ...Read moreApple Retreats on Vision Pro as Consumer Demand Falls Short
January 2, 2026
Apple is scaling back the Vision Pro after weak sales. For the payments ecosystem, it is a sign that “spatial computing” will remain a niche channel for shopping, identity and ...Read moreStablecoins Became Useful in 2025, Can They Become Ubiquitous in 2026?
December 30, 2025
For all of cryptocurrency’s volatility, stablecoins made steady progress in 2025. And by any measure, be it transaction volumes, regulatory milestones, partnerships, acquisitions, integrations or use cases, stablecoins progressed into the ...Read moreCrypto Loses the Hype but Wins the Banks
December 24, 2025
For cryptocurrency markets, 2025 was a year that went full circle. Digital assets are ending the year with nearly all of their gains over the past 12 months having been erased ...Read morePrediction Markets Leveraged CFTC Oversight to Go Mainstream in 2025
December 23, 2025
Who could’ve predicted the run that prediction markets have had in 2025? These novel platforms, which let participants trade contracts tied to the outcomes of real-world events, entered a decisive phase ...Read more
Affordability Rewrites the Household Balance Sheet
December 19, 2025
Rising prices are reshaping not just household budgets but the financial relationship between generations. Younger and older consumers in the United States are responding to the same pressures in different ways, ...Read moreInstacart AI Pricing Tool Faces FTC Investigation
December 18, 2025
Federal regulators are reportedly seeking information about Instacart’s artificial intelligence (AI) pricing tool. The Federal Trade Commission (FTC) has sent the grocery delivery platform a civil investigative demand asking about its ...Read moreAirbnb Experiments With Instacart Grocery Deliveries to Guests
November 12, 2025
Airbnb is reportedly testing a service that lets guests order groceries from Instacart. The house-sharing company will offer “kitchen stocking” as part of a three-month pilot program starting Jan. 5, Bloomberg ...Read moreDoorDash Extends Kroger Partnership to 2,700 New Stores
September 29, 2025
DoorDash is expanding its partnership with grocery chain Kroger to 2,700 new stores. The updated collaboration kicks off Oct. 1 and will cover deliveries of fresh foods, essential items and Kroger’s ...Read moreTame April Inflation Report May Be Calm Before the Tariff Price Hike Storm
May 9, 2025
On Tuesday (May 13), we may see what could arguably be the calm before a stormy sea of inflation driven by volatile tariffs. The Consumer Price Index inflation reading from the ...Read moreInstacart Teams With POS Firms to Advance Smart Cart Usage
January 13, 2025
Instacart has teamed with two point-of-sale (POS) providers to promote smart cart usage. The grocery technology company announced Monday (Jan. 13) new partnerships with Dumac Business Systems, a POS solutions provider ...Read moreInflation Is Down. Will Paycheck-to-Paycheck Consumers Notice?
August 14, 2024
Inflation is at a multiyear low, according to July’s Consumer Price Index from the U.S. Department of Labor. Inflation has broken through an important psychological barrier, so to speak. The Federal ...Read moreDeliveroo Sees Promise in Groceries as Orders Climb
August 8, 2024
With order volumes increasing, Deliveroo sees opportunities from its loyalty program and grocery business. The U.K.-based delivery service on Thursday (Aug. 8) released earnings for the first half of 2024 showing ...Read moreKroger Sees Private-Label Push Bring Low-Income Shoppers Back
June 20, 2024
With ongoing financial challenges affecting consumers very differently depending on their financial standing, Kroger is seeing its initiative to improve its private-label offerings prove key to getting more budget-strapped shoppers ...Read more54% of Gen Z Shoppers Use Pay Later Plans to Buy Groceries
May 31, 2024
Pay later plans — those arrangements enabling consumers to cover purchases over a set period of time — are not only a popular way to shop; they have increasingly become ...Read more
Walmart Teams With Google to Promote ‘Agent-Led Commerce’
January 11, 2026
Walmart has launched an agentic commerce partnership with Google. The collaboration, announced Sunday (Jan. 11), is built around Google’s new Universal Commerce Protocol and pairs Google’s Gemini artificial intelligence (AI) tool ...Read moreWalmart’s OnePay Employee Share Repurchase Hints at $4 Billion Valuation
January 11, 2026
Walmart-backed FinTech OnePay is now reportedly a $4 billion company. OnePay reached that valuation, up from $2.5 billion in 2024, after repurchasing shares from employees, Bloomberg News reported Friday (Jan. 9), ...Read moreInside the NFL’s Strategy to Monetize Every Second of Super Bowl Week
January 10, 2026
The Super Bowl has always been a game. It’s also a retail ecosystem with shoulder pads. For one Sunday (and increasingly, for a full week), the NFL turns fandom into an add-to-cart ...Read moreSaks Global Weighs Competing Bankruptcy Financing Offers
January 9, 2026
Saks Global is reportedly weighing two competing offers of bankruptcy financing packages as it prepares to file for bankruptcy. The company, which owns Saks Fifth Avenue and Neiman Marcus, is looking ...Read moreAmazon Plans to Build Big-Box Store Near Chicago
January 9, 2026
Amazon reportedly plans to open a big-box store comparable to a Walmart or Target location in a Chicago suburb. The 229,000-square-foot facility would sell groceries, general merchandise and prepared foods, Bloomberg ...Read moreFiserv Launches Analytics Capability for In-Store Transaction Data
January 9, 2026
Fiserv has launched a new analytics capability designed to help merchants and their marketing partners better understand in-store customers. The new Unknown Shopper solution transforms payment data into actionable insights by ...Read moreOnline Finally Breaks Brick and Mortar
January 9, 2026
In 2026, online and digitally-influenced retail finally surpasses brick-and-mortar sales in the categories that matter most to modern retail. This moment has been years in the making, obscured less by ...Read moreMicrosoft Introduces Agentic AI Solutions for Retailers
January 8, 2026
Microsoft has announced several agentic artificial intelligence (AI) solutions designed for retailers. These solutions power automation in functions such as merchandising, marketing, store operations and fulfillment, the company said in a ...Read moreWalmart Launches Digital Destination Focused on Health and Wellness
January 8, 2026
Walmart has launched a digital destination designed to help customers access health and wellness services and products. The new Better Care Services offers access to third-party providers for urgent care and ...Read moreWalmart’s Retail Media Scores Wins While Amazon’s AI Goes Ambient
January 8, 2026
The holiday shopping spree has come to a close. And while returns are no doubt occupying a fair amount of time at the world’s two biggest retailers, a relatively quiet ...Read more

Banks, Cards and Creators Push Stablecoins Into Financial Mainstream
January 9, 2026
The stablecoin pitch has always been a digital token that maintains a stable value, usually pegged to a fiat currency, while inheriting the speed, programmability and global reach of blockchains. What ...Read moreRipple Secures Electronic Money Institution License and Crypto Asset Registration in UK
January 9, 2026
Ripple received permissions that allow it to scale Ripple Payments, its cross-border payment solution that uses digital assets, in the United Kingdom. The permissions include approval of Ripple’s electronic money institution ...Read moreSwap Raises $100 Million to Expand Global Commerce Solutions Platform
January 8, 2026
Swap raised $100 million in a Series C funding round to continue expanding the capabilities and reach of its global commerce solutions platform. The platform was initially focused on returns but ...Read moreCiti and PYMNTS Launch ‘From the Block’ Podcast: Straight Talk on Digital Assets
January 8, 2026
PYMNTS and Citigroup are launching a weekly podcast series aimed at giving corporate leaders practical guidance on stablecoins and tokenized real-world assets. The first episode will debut Tuesday (Jan. 13). Called ...Read moreZilch Plans to Acquire Fjord Bank to Accelerate European Expansion
January 7, 2026
Consumer payments platform Zilch plans to acquire Fjord Bank to gain a European banking license that will enable Zilch to accelerate its expansion across Europe. The transaction is expected to close ...Read moreTokenized Deposits Steal Stablecoin Buzz — and the Business Model
January 6, 2026
In 2026, tokenized bank deposits overtake stablecoins as the preferred on-chain dollar for institutional and wholesale money, not because stablecoins disappear, but because banks turn deposits into programmable infrastructure without ...Read moreMastercard and QNB Group to Expand Digital Payments in Syria
January 5, 2026
Mastercard has granted a license to QNB Group, the largest financial institution in the Middle East and Africa, to extend its issuing and acquiring activities in Syria, a move intended ...Read moreLatin America FinTechs Expand Despite Regional Volatility
January 5, 2026
Latin America has captured an outsized share of global attention in recent weeks as geopolitics, elections and monetary pressures sharpen focus on emerging markets. Despite the volatility in the region, however, ...Read morePYMNTS’ 2025 Healthcare Coverage Followed the Money and the Friction
January 1, 2026
Healthcare is not typically filed under “payments innovation.” But across 2025, PYMNTS’ reporting treated the sector less like a purely clinical domain and more like a sprawling, regulated marketplace where the ...Read moreWallets Become the Default Front Door to Global Payments
January 1, 2026
Digital wallets did not suddenly transform money movement in 2025. They did it quietly, one use case at a time. At the start of the year, wallets were still widely framed ...Read more