News

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

Source: pymnts.com

FTC Warns Amazon To Crack Down On Fake Reviews

FTC Warns Amazon To Crack Down On Fake Reviews
FTC Warns Amazon To Crack Down On Fake Reviews
May 21, 2021  |  Amazon

Amazon banned sellers of Chinese electronics brands earlier this month following a database leak that apparently connected some of these companies to fake reviews, which...

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The Week In Payments: Bouncing Bitcoin, Content Pick-Ups And Digital-First Staying Power 
The Week In Payments: Bouncing Bitcoin, Content Pick-Ups And Digital-First Staying Power 
May 21, 2021  |  Payment Methods

It has been another exciting week in payments, particularly for those following the bouncing crypto ball this week, as the price of the world’s best...

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Ultrafast Delivery Fight Heats Up As Amazon Folds Prime Now Into Main Site
Ultrafast Delivery Fight Heats Up As Amazon Folds Prime Now Into Main Site
May 21, 2021  |  Delivery

Although Amazon’s announcement that it was retiring the app and website of its Prime Now ultrafast delivery service and incorporating it into the main Amazon site was...

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US Banks, Installment Payments, On-Demand Payroll Top This Week’s News
US Banks, Installment Payments, On-Demand Payroll Top This Week’s News
May 21, 2021  |  The Weekender

In this week’s news, we saw a report that U.S. banks could end up cutting as many as 200,000 jobs. Also, new insights have emerged...

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Deal Pipeline For Slumping IPOs And SPACs Suggests Rebound May Be Coming
Deal Pipeline For Slumping IPOs And SPACs Suggests Rebound May Be Coming
May 21, 2021  |  IPO

The PYMNTS IPO/SPAC Tracker finds relatively muted announcements of public listings in the payments/financial services space, with a bit more than two dozen bank listings...

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Restaurants Struggle With Post-COVID Supply Strains
Restaurants Struggle With Post-COVID Supply Strains
May 21, 2021  |  Retail

Diners are flocking to U.S. restaurants as COVID restrictions ease, putting a strain on the supply of both food and labor. Get the Full Story...

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Japanese Farm-to-Table Platform Secai Marche Bags $1.5 Million
Japanese Farm-to-Table Platform Secai Marche Bags $1.5 Million
May 21, 2021  |  Investments

Farm-to-table platform Secai Marche, a Japanese startup, has hooked about $1.5 million in venture funding from Japan’s Rakuten Capital and Beyond Next Ventures. Get the...

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Kellogg’s Eyes Return Of Breakfast To-Go With On-Campus Cereal Robot
Kellogg’s Eyes Return Of Breakfast To-Go With On-Campus Cereal Robot
May 21, 2021  |  Retail

Serving a bowl of cereal is hardly the most labor-intensive task, but that has not stopped Kellogg’s from automating the process. This as the packaged...

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India’s MedPlus Plans IPO, Seeks $300 Million
India’s MedPlus Plans IPO, Seeks $300 Million
May 21, 2021  |  IPO

MedPlus of India, an omnichannel retailer with over 1,800 stores, is planning an initial public offering (IPO) with a goal of raising 2,000 crore rupees,...

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