News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

Today in Data: Delivering What People Want, When They Want It
Today in Data: Delivering What People Want, When They Want It
March 21, 2022  |  Today In Data

Grocery delivery firm Buyk is planning to cease operations in Chicago and New York City after filing for Chapter 11 bankruptcy. Plus, Deliveroo continues to...

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Slumping Nike Faces $150 Sneaker Problem and Shift to Secondhand
Slumping Nike Faces $150 Sneaker Problem and Shift to Secondhand
March 21, 2022  |  Retail

Within the spectrum of problems facing retailers right now, Nike’s predicament of being the most sought-after and recognized brand in the world would seem to...

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Consumers Use Credit Cards for Fine Dining, Debit for QSR, PYMNTS Data Suggest
Consumers Use Credit Cards for Fine Dining, Debit for QSR, PYMNTS Data Suggest
March 21, 2022  |  Payment Methods

When it comes to restaurant spending, consumers are opting to use credit cards when they spring for a premium meal but sticking with debit when...

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Taliban to Replace Conventional Banking Network With Islamic Banking
Taliban to Replace Conventional Banking Network With Islamic Banking
March 21, 2022  |  Banking

The Central Bank of Afghanistan will update the south central Asian country’s financial rules, according to Jurist.org. Get the Full Story Complete the form to...

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SPAC Efforts to Keep Investors Aboard May Not Be Enough to Calm Turbulence
SPAC Efforts to Keep Investors Aboard May Not Be Enough to Calm Turbulence
March 21, 2022  |  SPAC

In the land of special purpose acquisition companies (SPACs), turbulence lies ahead. Get the Full Story Complete the form to unlock this article and enjoy...

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Kohl’s Gets ‘Multiple’ Non-Binding Buyout Offers
Kohl’s Gets ‘Multiple’ Non-Binding Buyout Offers
March 21, 2022  |  Retail

Kohl’s has gotten “multiple” preliminary offers from entities looking to acquire the department store chain, company officials confirmed Monday (March 21), according to a company...

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Euroclear Backs Blockchain Payments Consortium Fnality
Euroclear Backs Blockchain Payments Consortium Fnality
March 21, 2022  |  Blockchain

International securities settlement system Euroclear has invested in the regulated blockchain payments consortium Fnality — formerly known as the Utility Settlement Coin (USC) — which...

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Amsterdam FinTech Recharge.com Expands to Australia
Amsterdam FinTech Recharge.com Expands to Australia
March 21, 2022  |  International

London- and Amsterdam-based FinTech Recharge.com has launched in Australia, the company announced Monday (March 21). Get the Full Story Complete the form to unlock this article...

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After Shopify Loses 60%+ of Its Worth Since November, Investors Suddenly See Value
After Shopify Loses 60%+ of Its Worth Since November, Investors Suddenly See Value
March 21, 2022  |  Retail

Canadian eCommerce platform Shopify has been taking investors on quite the roller coaster ride lately, with its stock price dropping from a high of $1,690...

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