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.
Retail Pulse: Recess Opens ‘IRL’ Pop-Up In NY; Walgreens To Accept Alipay In More Stores
February 15, 2019
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 ... Read moreBEC Targets BSA Officials At Credit Unions
February 15, 2019
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, ... Read moreJPMC Embraces Crypto For Real-Time Payments — Ripple Says It’s Not Worried
February 15, 2019
There was a time when JPMorgan Chase (JPMC) CEO Jamie Dimon didn’t have much in the way of positive things to say about bitcoin.
“The currency isn’t going to work,” the executive said. ... Read moreStudy: China To Generate More Data Than U.S. By 2025
February 14, 2019
Data and information are becoming an increasingly important currency in the global economy – not only currently, but especially in the future – and China is set to overtake the ... Read moreCaixaBank Brings Facial Recognition To ATMs; Tesco Bank Unveils Apple Siri Feature
February 14, 2019
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the introduction of automated teller machines (ATMs) with facial recognition technology from Spain’s CaixaBank. ... Read moreApple’s Enterprise Certificates Being Used By Software Pirates
February 14, 2019
Apple has been infiltrated by software pirates who figured out a way to use digital certificates to gain access to an Apple program, which corporations use to distribute business apps, ... Read moreAmazon Officially Pulls NY HQ2 Plan
February 14, 2019
After days of swirling reports that Amazon might be rethinking plans to build one-half of its second headquarters in New York’s Long Island City, the final choice has been made.
The ... Read moreJPMorgan Debuts First Bank-Backed Crypto
February 14, 2019
Might this be the validation that at least some cryptocurrency enthusiasts and advocates have been awaiting?
Thursday morning (Feb. 14), CNBC reported that JPMorgan Chase will be rolling out the first ... Read moreAlipay Accepted At Walgreens Nationwide
February 14, 2019
Alipay’s mobile payment platform will now be available at thousands of Walgreens locations throughout the U.S.
“Walgreens is focused on making shopping more convenient for our customers. This collaboration has particular ... Read moreVisa: EMV Cuts Card-Present Counterfeit Fraud By 80 Pct
February 13, 2019
Merchants saw a drop in card-present fraud due to the increased adoption of Europay, Mastercard and Visa (EMV) chip cards, Visa said.
Merchants who have upgraded to chip technology saw a decrease ... Read more
Walmart, Udelv Pair On Self-Driving Delivery Vans
January 8, 2019
California autonomous car startup company Udelv announced it is teaming up with Walmart to offer its self-driving vans for deliveries, according to a report in VentureBeat.
The company made the announcement ... Read moreAmazon Adds Eight More Cities To Grocery Pickup At Whole Foods
November 7, 2018
Amazon announced Wednesday (November 7) that it is expanding grocery pickup from Whole Foods Market through Prime Now to eight more cities.
In a press release, Amazon said the cities it ... Read moreKroger Expands Delivery Deal With Instacart
August 31, 2018
Kroger is broadening its delivery deal with Instacart, gearing up to expand the number of stores where it offers the service.
According to a report in USA Today citing the company, as ... Read moreAmazon Rolls Out Whole Foods Curbside Delivery In Two Markets
August 8, 2018
Amazon and Whole Foods Market announced Wednesday (August 8) the launch of curbside grocery pickup in Sacramento and Virginia Beach.
In a press release, Amazon said the service will come to ... Read moreWalmart Testing Robots To Fill Grocery Orders More Quickly
August 6, 2018
Taking a page from Amazon.com, Walmart announced late last week that it will be testing robots to help it fill online grocery orders quicker.
According to a press release, the company ... Read moreWalmart Bringing Grocery Delivery To 100 Cities
March 14, 2018
Walmart is expanding its efforts to take on Amazon, planning to offer home delivery of groceries in 100 cities in the U.S. by the end of 2018.
Citing a spokesman for ... Read moreAmazon Sold $11 Million Of Whole Foods Groceries In 2017
January 16, 2018
Whole Foods’ private-label brand is aiding sales at Amazon’s online grocery delivery service, AmazonFresh, which were up 35 percent to $135 million in the last four months of 2017, the ... Read moreThe Last Mile, With (Literal) Food For Thought
January 11, 2018
It’s not the fall that kills you. It’s the landing, as they say.
Similarly, it may not be the price or product that breaks the retailer – it may be the last ... Read moreMost US Consumers Don’t Shop Online For Groceries
August 10, 2017
Online sales may be skyrocketing, but when it comes to shopping online for groceries, eCommerce is still just scratching the surface.
That’s according to American-based performance management consulting company Gallup’s annually-conducted ... Read morePeapod And Alexa Deliver Greater Grocery Ordering Convenience
July 13, 2017
Peapod was one of the earliest Internet startups to offer grocery delivery services, so it only makes sense that the company would strive to stay at the forefront of the ... Read more
Can Healthcare Services Revitalize Retail For CVS?
February 15, 2019
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 ... Read moreRetail Pulse: Recess Opens ‘IRL’ Pop-Up In NY; Walgreens To Accept Alipay In More Stores
February 15, 2019eCommerce 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 ... Read moreReinventing On-Demand Wheels In The Rideshare Era
February 15, 2019
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 ... Read moreData As A Prescription For FIs And Healthy Healthcare Collections
February 15, 2019
Data is everywhere, and ripe for the mining. It can help financial firms offer better services and can help healthcare providers set up payment plans tailored to individual clients’ needs ... Read moreSamsung Expands Beyond Pop-Ups With Full-Scale Stores
February 15, 2019
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 ... Read moreThe Price Of Paying With Plastic Is Going Up
February 15, 2019
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 ... Read morePayless To Shut Down Stores After Second Bankruptcy Filing
February 15, 2019
Payless ShoeSource will close all of its stores when it files for bankruptcy for a second time later this month.
Sources told Reuters that the U.S. discount retailer will shut down ... Read moreFAO Schwarz Planning New Locations, Product Collections
February 14, 2019
Toy brand FAO Schwarz is continuing its resurgence with the announcement of several new locations and a few different licensing agreements to move beyond toys, according to reports.
The brand will ... Read more‘Amazon Moments’ Lets Devs Gift Users With Tangible Rewards
February 14, 2019
Amazon has launched a service called Moments, to let developers create actions for customers and give them rewards for completing them, according to reports.
The actions vary: They could include watching ... Read moreCashless Amazon Go Stores Are Coming To The UK
February 14, 2019
Amazon is bringing its cashless store concept, Amazon Go, to the U.K., and has secured retail space in London to do so, according to reports.
The move would be the company’s ... Read more
UATP, Conferma Pay Team To Bring Virtual Payment Cards To Airlines
February 14, 2019
UATP and Conferma Pay announced on Thursday (Feb. 14) that they have inked a partnership aiming to bring virtual card payment technology to airlines.
According to a press release, the joint ... Read moreAnt Buys WorldFirst In $700M Deal
February 14, 2019
Ant Financial, the Chinese financial services affiliate of Alibaba, has inked a deal to acquire WorldFirst, the U.K. payments company.
According to a report in Bloomberg, this marks the biggest overseas deal ... Read moreMastercard CFO Retiring; Sachin Mehra To Take On Role
February 13, 2019
Mastercard, the Purchase, New York payments company, announced Wednesday (Feb. 13) that its chief financial officer is retiring.
In a press release, Mastercard said that after more than a decade as ... Read moreDynamic Friction, Keeping Consumers Safe Amid Contextual Commerce
February 13, 2019
Contextual commerce is everywhere, and much desired by consumers (just check out some of the latest stats from the Digital Consumer Report). But merchants need to keep an eye on ... Read moreSociete Generale Taps HPS For Payment Tech; ADCB Rolls Out App With Strands Tech
February 12, 2019
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Societe Generale’s selection of HPS for payment operations technology in Africa. The Abu Dhabi ... Read moreUK Lawmakers, Regulators Call For Cash System Overhaul
February 12, 2019
Lawmakers and regulators in the U.K. called for an overhaul of the cash system in the country to avoid people from being completely shut out.
Reuters, citing lawmakers and regulators in the U.K., ... Read moreDigital Payments, Connected Commerce And The Need For Speed
February 12, 2019
For consumers, and increasingly for businesses, speed is coveted when it comes to payments. That’s especially true as transactions are done in bits and bytes – increasingly so – and ... Read moreHow Face ID Can Power End-To-End Verification
February 12, 2019
Go back a generation or two and imagine the construction of the Gateway Arch — the sleek, shiny monument to westward expansion that stands along the west side of the Mississippi ... Read moreDigital Gains Often Come With Setbacks — And Criminality
February 11, 2019
One of the participants in one of the biggest payments megadeals to date has made recent gains — a good sign for all the changes on deck for 2019. Meanwhile, ... Read moreFiserv’s Yabuki Points To Payments Digitization Amid 4Q Sales Growth
February 8, 2019
Fiserv’s Q4 results were in line with a preliminary announcement, including 6 percent payments growth. As the deal with First Data sinks in and becomes an operational reality, and as ... Read more