News

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

Source: pymnts.com

Israeli’s Red Dot Capital Raises $200M For Southeast Asia-Focused Tech Startups

Israeli’s Red Dot Capital Raises $200M For Southeast Asia-Focused Tech Startups
Israeli’s Red Dot Capital Raises $200M For Southeast Asia-Focused Tech Startups
November 09, 2020  |  Investments

Red Dot Capital Partners has raised close to $200 million to invest in tech companies seeking to expand into Southeast Asia and Japan, Bloomberg reported Monday (Nov....

READ MORE >
FSB: Outsourcing Banking Technology Could Pose ‘Systemic Risk’
FSB: Outsourcing Banking Technology Could Pose ‘Systemic Risk’
November 09, 2020  |  Banking

An international watchdog group is cautioning banks about the risks involved with outsourcing key technology. The Financial Stability Board (FSB) warned, in particular, “about the...

READ MORE >
Patience Required: Consumers Will Wait For Vaccine To Return To Stores And Dining
Patience Required: Consumers Will Wait For Vaccine To Return To Stores And Dining
November 09, 2020  |  Coronavirus

Consumer confidence got a big lift on Monday (Nov. 9) on news that Pfizer and BioNTech’s ongoing COVID-19 vaccine trial has proven 90 percent effective...

READ MORE >
UK FinTech Startups Scrambling As No-Deal Brexit Looks Probable
UK FinTech Startups Scrambling As No-Deal Brexit Looks Probable
November 09, 2020  |  Brexit

FinTech startups in the U.K. are scrambling to create backup plans to avoid disruption to users as a no-deal Brexit appears increasingly probable, CNBC reported on...

READ MORE >
Long-Term Thinking Meets Digital-First Retail Economy
Long-Term Thinking Meets Digital-First Retail Economy
November 09, 2020  |  Retail

By now, it’s apparent that the pandemic has left an indelible mark on retail. That’s not a judgment, it’s reality. No one wants to say...

READ MORE >
The Digital Shift In Retail Subscriptions And Back-Office Technology
The Digital Shift In Retail Subscriptions And Back-Office Technology
November 09, 2020  |  Today In Data

Amazon, Walmart and Apple are pursuing subscription business, months after Apple announced its Apple One bundled offering in June. Peloton’s fiscal Q1 2021 performance exceeded expectations with rises in total revenue, connected...

READ MORE >
VF Corporation To Buy Streetwear Brand Supreme
VF Corporation To Buy Streetwear Brand Supreme
November 09, 2020  |  Retail

VF Corporation and streetwear brand Supreme have inked a merger agreement, while Goode Partners and The Carlyle Group are selling their investments in the Supreme...

READ MORE >
Rite Aid Rebrands, Reconfigures Retail Experience
Rite Aid Rebrands, Reconfigures Retail Experience
November 09, 2020  |  Retail

Rite Aid, locked in a battle for U.S. market share with CVS and Walgreens, unveiled its rebranding Monday (Nov. 9) along with a new vision...

READ MORE >
Stocks, Vaccine Data Anticipate Return To ‘Normal’ For Consumers
Stocks, Vaccine Data Anticipate Return To ‘Normal’ For Consumers
November 09, 2020  |  Economy

The rally has legs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

READ MORE >