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.
Crypto Regulation To Tighten Scrutiny On Money Laundering
June 24, 2019
Amid the announcement of a new cryptocurrency – that would be Libra – the Financial Action Task Force (FATF), which operates as global regulatory firm based in Paris with a ... Read moreCapital One Acquires Trade Credit Firm BlueTarp
June 24, 2019
Capital One Financial Corporation announced Friday (June 21) that it has reached an agreement to acquire purchase-to-payment and credit management company BlueTarp.
In a press release, Capital One pointed to augmented ... Read moreJPMC Marks X-Border Milestone In China
June 21, 2019
JPMorgan has announced the launch of its E-Customs Payment Solution, making it the first foreign bank in China to fully digitize and automate cross-border payments of goods.
While importers in China ... Read moreCan Legal Pot Thrive With Closed-Loop Payments?
June 21, 2019
People can say what they will about the wisdom of legal retail sales of marijuana (we here at PYMNTS take no position), but the payments knot that the cash-dominated industry ... Read moreLegal Cannabis Retail Rides A Wave Of Revenue Growth
June 20, 2019
In a way, watching the emergence of legal retail marijuana in North America is like watching someone grow up. Not really a toddler or baby — even black-market sale of recreational ... Read moreFPC Chooses Industry Expert Kimberly Ford As Exec Director
June 20, 2019
The U.S. Faster Payments Council (FPC) has chosen industry expert Kimberly Ford as the organization’s first executive director. Ford, who used to work with the First Data Corporation, will start ... Read moreThe Competitive Advantage Of Commercial Card Acceptance
June 20, 2019
Commercial cards account for only a portion of corporates’ overall spend, as checks stick around and ACH gains ground. However, their market share is on the rise as card issuers ... Read moreThe World Gets Its Libra Look — And Is Divided On What It Sees
June 19, 2019
The world has gotten its first good look at Libra — Facebook’s long-anticipated move into cryptocurrency and global payments. That move includes new rails (the Libra Blockchain), the new currency ... Read moreLoot Founder To Become Bó Chief Product Officer
June 17, 2019
After financial startup Loot reportedly went into administration in May, Loot Founder Ollie Purdue is reportedly becoming a part of a digital bank being developed by RBS-owned Natwest called Bó. ... Read moreWESCO Partners With Plug And Play On B2B Accelerator
June 17, 2019
WESCO International has announced that WESCO Distribution has partnered with Silicon Valley-based startup Plug and Play to launch their newest accelerator, B2B Sales and Distribution.
Pittsburgh-based WESCO joins as a founding anchor ... Read more
Walmart Bringing Back Delivery To Refrigerators
June 7, 2019
Walmart is relaunching its delivery service that brings groceries into the refrigerators of customers.
Reuters, citing Marc Lore, head of U.S. eCommerce for the retailer, said the move is aimed at ... Read moreWhole Foods And Instacart Officially Call It Quits
May 15, 2019
In a move that’s been anticipated since 2017 when Amazon acquired Whole Foods, the grocer and delivery firm Instacart have parted ways, according to a report by CNBC.
Instacart Co-Founder and ... Read moreBigbasket Raises $150M As It Takes On Amazon, Flipkart
May 6, 2019
Bigbasket, the Indian online grocery store operator, raised $150 million in a fresh round of venture funding, valuing the company at more than $1 billion.
Chinese eCommerce giant Alibaba and South ... Read moreSNAP Recipients In NY Can Now Buy Groceries Online
April 19, 2019
While the race for the consumer’s whole paycheck between Walmart and Amazon was somewhat quieter this week than it has been in the for the last several weeks, things started ... Read moreInstacart Expands Alcohol Delivery Across The US
March 12, 2019
Instacart, the online grocery company, announced Tuesday (March 12) it has expanded alcohol delivery for customers across the U.S..
In a press release, Instacart said customers in 14 states, as well ... Read moreWalmart, 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 more
Perfecting Perfumery For The Instagram Era
June 24, 2019
When Baptiste Bouygues joined forces with his mother, Marie-Lise Jonak, to create a line of perfumes called Ormaie, they quickly learned that selling all-natural luxury perfume directly to consumers was much ... Read moreToys R Us May Return With Smaller Stores
June 24, 2019
Ahead of this year’s holiday season, defunct toy chain Toys R Us could be making a comeback: The remnant of the company will reportedly open a shopping website along with ... Read moreAdvancing The Adoption Of Real-Time Payments
June 24, 2019
Major financial institutions (FIs) need to get on board with real-time payment systems for them to achieve widespread availability, while credit unions are finding friendly ground with FinTech firms. In retail, a closed-loop payments ... Read moreRetailers Show The Path Forward On AI Innovation
June 24, 2019
Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart.
According to a new report, the retail chain, hoping to reduce checkout ... Read moreDelivering Regional Flavor With State-Specific Subscriptions
June 24, 2019
To offer shoppers a curated selection of local products ranging from décor to local flavors, eCommerce innovators are assembling subscription boxes around different U.S. states. California Found, for instance, is ... Read moreMacy’s, JCPenney Push Back Against 25 Pct Tariffs
June 24, 2019
Letters filed by department store retailers Macy’s and JCPenney, along with other companies, asked the U.S. Trade Representative to remove many footwear and apparel items from an expansive list of ... Read moreEuropean Banking Authority Offers Relief On SCA, PSD2 Rules
June 23, 2019
The European Banking Authority (EBA) published an opinion on strong customer authentication (SCA) under the revised Payment Services Directive (PSD2), acknowledging that implementing the new standards might be difficult for ... Read moreMajor Restaurant Chains Push For Lower Delivery Rates
June 23, 2019
In an online food delivery service market that is becoming more crowded, some of the largest operators of restaurants are renegotiating with the firms that bring takeout to consumers. While ... Read moreMore Retailers Are Checking Into Hotels In Search Of Innovation
June 21, 2019
Part of the future of retail is playing out inside hotels — and that’s happening as the wider part of the travel-and-tourism industry is undergoing its own significant disruption.
One of ... Read moreRetailers Head To College For The Latest Commerce Innovation
June 21, 2019
It’s summer — finally — and that means most college students are back home on break, thinking of beach time and extra cash, and gearing up for the next set ... Read more
How ACH Business Payments Pave The Way For US Open Banking
June 24, 2019
In B2B payments, corporates’ continued use of paper checks confounds FinTech firms working to give businesses more affordable, faster and more efficient payment options. Yet, for many business payers, the ... Read moreLibra, MoneyGram-Ripple Deal And Fraud Prevention Top Week’s News
June 21, 2019
Summer is officially here, and with it, the first official weekend of summer — YES!! Payments and commerce, though, never take a break. In the latest edition of the PYMNTS ... Read moreDigital Payments And The Online Workforce
June 21, 2019
Online payment methods and digital technologies are coming into the working world. In healthcare, identity is taking center stage amid digitalization in the space. And, in retail, Verishop has officially ... Read morePayPal COO Bill Ready Announces Departure
June 20, 2019
Big news from PayPal — the payments firm on Thursday afternoon (June 20) that COO Bill Ready is leaving the company.
According to a statement from PayPal, “Ready will transition at ... Read moreLegal Cannabis Retail Rides A Wave Of Revenue Growth
June 20, 2019In a way, watching the emergence of legal retail marijuana in North America is like watching someone grow up. Not really a toddler or baby — even black-market sale of recreational ... Read moreCross-Border Efforts Ripple (Literally) Through Cryptos And Payments
June 20, 2019
Libra topped headlines, spurring debate over crypto’s role in eCommerce. However, beyond Facebook’s announcement were several other initiatives, also designed to speed digital transactions across borders, from Ripple’s new wave ... Read morePOS Payments At The Speed Of Sound (Waves)
June 20, 2019
Friction bedevils all types of retail — and that holds true for transactions inside stores or via eCommerce sites. At the same time, the ongoing effort to create true omnichannel ... Read moreHSBC Taps Tokenization For Accounts Receivable Tool
June 19, 2019
HSBC is rolling out its digital accounts receivable solution for corporates in India after teaming up with Australia-based Identitii, reports in IT Wire said on Tuesday (June 18).
The bank is ... Read moreWholesale Cannabis Marketplace Hits $1B Milestone
June 16, 2019
The legal retail cannabis industry keeps on growing, and further evidence of that reportedly comes from LeafLink.
The eCommerce wholesale marketplace, according to The Motley Fool, said that “$1 billion in ... Read moreAnalyst: Square Cash App Downloads Top Venmo’s
June 13, 2019
A new report shows that Square’s Cash App downloads increased by 2.2 million last month, while Venmo’s were up 1.7 million.
According to a report from Nomura Instinet analyst Dan Dolev, ... Read more