News

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

Source: pymnts.com

CVS Reports Strong Quarterly Earnings Amid COVID-19 Efforts

CVS Reports Strong Quarterly Earnings Amid COVID-19 Efforts
CVS Reports Strong Quarterly Earnings Amid COVID-19 Efforts
August 05, 2020  |  Retail

CVS posted strong second-quarter earnings, upped its estimates for 2020 profits and renewed its commitment to fighting COVID-19, the company reported on Wednesday (Aug. 5). Total...

READ MORE >
The Digital Shift In Retail And Payment Methods
The Digital Shift In Retail And Payment Methods
August 05, 2020  |  Today In Data

Social shopping is the newest hot trend fueled by the pandemic, as new startups are emerging and established brands such as Macy’s are catching up to capture this...

READ MORE >
Alexa, What’s The Future Of Voice Commerce?
Alexa, What’s The Future Of Voice Commerce?
August 05, 2020  |  Retail

The present tense for voice commerce shows an eager and accelerated installed base with 90 million devices in the U.S. But as with everything digital...

READ MORE >
Digital Shift Puts Its Feet Up On Furniture Business
Digital Shift Puts Its Feet Up On Furniture Business
August 05, 2020  |  Retail

The digital shift is definitely extending to online furniture sales, with two companies — Wayfair and Blueport — reporting stratospheric increases in sales. Get the...

READ MORE >
Walmart’s New Subscription Service Is Once Again Delayed
Walmart’s New Subscription Service Is Once Again Delayed
August 05, 2020  |  Retail

In a bid to challenge Amazon, Walmart had planned to launch a new subscription service called Walmart+ in July — but that month came and went,...

READ MORE >
Next-Gen Debit Steps Up
Next-Gen Debit Steps Up
August 05, 2020  |  Next-Gen Debit

Advances in mobile banking apps have taught financial institutions (FIs) that people desire more control over their money – in their hands, on their phones...

READ MORE >
Afterpay: New Logo Reflects Company’s Global Business Model
Afterpay: New Logo Reflects Company’s Global Business Model
August 05, 2020  |  BNPL

Afterpay, which works in buy now, pay later (BNPL) services, rolled out a new global look and brand identity on Tuesday (Aug. 4), an emailed...

READ MORE >
Maintaining Control When Employee Spend Looks More Like Procurement
Maintaining Control When Employee Spend Looks More Like Procurement
August 05, 2020  |  B2B Payments

The expense report has come a long way since the days of paper spreadsheets and stapled receipts. In the last decade, automation technology has closed...

READ MORE >