News

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

Source: pymnts.com

SEC Threatens Coinbase With Lawsuit Over Lending Scheme
SEC Threatens Coinbase With Lawsuit Over Lending Scheme
September 08, 2021  |  Cryptocurrency

The U.S. Securities and Exchange Commission (SEC) is threatening to sue the cryptocurrency exchange platform Coinbase over its loan product Coinbase Lend — and the...

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In-Store Fulfillment Creates ‘New and Unusual Workloads’ for Retailers
In-Store Fulfillment Creates ‘New and Unusual Workloads’ for Retailers
September 08, 2021  |  Retail

Not too long ago, cashiers would be able to process maybe a couple of hundred orders in an eight-hour shift, repeatedly scanning items brought to...

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Sneaker Startup IPOs Take a Run at Nike
Sneaker Startup IPOs Take a Run at Nike
September 08, 2021  |  Retail

In the past two weeks, two different direct-to-consumer (D2C) sneaker brands have each filed for an initial public offering (IPO) with the U.S. Securities and...

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No Pain, No Gain: Amazon and Walmart Fight for Electronics Share Stagnates
No Pain, No Gain: Amazon and Walmart Fight for Electronics Share Stagnates
September 08, 2021  |  Retail

Amazon and Walmart have both seen their share of electronics and appliance sales remain relatively unchanged for the past two quarters, with Walmart struggling to...

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Most Returns Come During Setup, Amazon Closes Auto Parts Gap, Inside PYMNTS’ Shopping Survey
Most Returns Come During Setup, Amazon Closes Auto Parts Gap, Inside PYMNTS’ Shopping Survey
September 08, 2021  |  Today In Data

PYMNTS research looks at how brick-and-mortar retailers fit into the bring-it-to-me economy. Plus, why almost two-thirds of product returns come during the unboxing or installation...

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Amazon to Pilot ‘Just Walk Out’ Tech at Whole Foods Locations
Amazon to Pilot ‘Just Walk Out’ Tech at Whole Foods Locations
September 08, 2021  |  Amazon Innovations

Amazon’s Just Walk Out technology will be trialed at Whole Foods locations in Washington, D.C.’s Glover Park neighborhood and Sherman Oaks, California, giving shoppers the...

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Barry M Pairs with Perfect Corp for Virtual Try-Ons
Barry M Pairs with Perfect Corp for Virtual Try-Ons
September 08, 2021  |  Retail

Artificial intelligence (AI) and augmented reality (AR) beauty tech company Perfect Corp. has joined forces with U.K. cosmetics brand Barry M on the brand’s first...

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Nextech AR to Make SaaS Option Available in October
Nextech AR to Make SaaS Option Available in October
September 08, 2021  |  eCommerce

Nextech AR Solutions Corp. is making its eCommerce-focused augmented reality (AR) offering available as a Software-as-a-Service (SaaS) solution in early October, bringing the burgeoning technology...

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Coinbase CEO’s Tweet Storm Fuels Escalating Fight With SEC Over Regulation of Crypto, Stablecoins
Coinbase CEO’s Tweet Storm Fuels Escalating Fight With SEC Over Regulation of Crypto, Stablecoins
September 08, 2021  |  Cryptocurrency

For cryptos in general, through the past few years and continuing into today, there has been an existential question: Security or currency? Or something else...

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