News

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

Source: pymnts.com

Walmart’s Flipkart Reportedly Edging Closer To Launching An IPO

Walmart’s Flipkart Reportedly Edging Closer To Launching An IPO
Walmart’s Flipkart Reportedly Edging Closer To Launching An IPO
December 07, 2020  |  Retail

Talk of Walmart-controlled Flipkart Group going public is heating up as the Indian company continues to expand. Flipkart is an eCommerce marketplace site competing against...

READ MORE >
Vaccines Ready For UK; Data Shows Digital-First Habits Will Remain
Vaccines Ready For UK; Data Shows Digital-First Habits Will Remain
December 07, 2020  |  Coronavirus

A little under a week after gaining approval for use by U.K. authorities, the United Kingdom will officially begin offering up doses of the Pfizer...

READ MORE >
The Long Walk Back To ‘Normal’
The Long Walk Back To ‘Normal’
December 07, 2020  |  Today In Data

Though the COVID-19 vaccine is officially open for business today in the U.K., consumers worldwide are readying themselves for what they believe will be a long...

READ MORE >
Capital One Halts BNPL Transactions On Its Credit Cards
Capital One Halts BNPL Transactions On Its Credit Cards
December 07, 2020  |  Buy Now Pay Later

Capital One Financial Corp (CapOne) is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “risky,” Reuters...

READ MORE >
BigCommerce EMEA Chief Stresses Agility; Urges Retailers To Look Ahead to 2021
BigCommerce EMEA Chief Stresses Agility; Urges Retailers To Look Ahead to 2021
December 07, 2020  |  Retail

The pandemic has been filled with pivots, business model adjustments and dramatic stories about brick-and-mortar merchants finding their digital stride in a hurry. And these...

READ MORE >
Frasers Group Could Purchase Debenhams Department Store Chain
Frasers Group Could Purchase Debenhams Department Store Chain
December 07, 2020  |  Retail

In a potential rescue arrangement that could grow its reach on the U.K. high street, Frasers Group said it is in talks to purchase the Debenhams department...

READ MORE >
Stablecoin Outlook Anything But Stable As Regulation, Legislation Loom
Stablecoin Outlook Anything But Stable As Regulation, Legislation Loom
December 07, 2020  |  Cryptocurrency

Facebook’s Libra (OK, now it’s been renamed to Diem) looms as 2021 dawns – maybe – and in a form diminished from its initial ambitions...

READ MORE >
eCommerce Shift Helps Fuel Strong Sales At Pier 1 Imports, Dressbarn
eCommerce Shift Helps Fuel Strong Sales At Pier 1 Imports, Dressbarn
December 07, 2020  |  Retail

Retail Ecommerce Ventures (REV), the incubator that relaunched Pier 1 Imports and Dressbarn in 2020, noted that the migration to eCommerce in addition to trends...

READ MORE >
Verizon-Discovery Free Streaming Promo A Win For Content And 5G
Verizon-Discovery Free Streaming Promo A Win For Content And 5G
December 07, 2020  |  Partnerships / Acquisitions

When assessing business deals, Henry Ford supposedly used to ask, “What’s in it for me?” to determine whether an idea made sense. Get the Full...

READ MORE >