News

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

Source: pymnts.com

Credit Suisse: iPhone Sales Could Plummet 12 Pct. This Year
Credit Suisse: iPhone Sales Could Plummet 12 Pct. This Year
April 11, 2019  |  Investments

With Apple suffering from lackluster demand for its iPhone devices, Wall Street firm Credit Suisse was prompted to start the Cupertino, California tech giant at...

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Bezos Warns Of Future Failures; Challenges Retailers To Pay Employees More
Bezos Warns Of Future Failures; Challenges Retailers To Pay Employees More
April 11, 2019  |  Amazon

Amazon may be firing on all cylinders, but Chief Executive Jeff Bezos realizes not all of its efforts will see success, warning investors in the...

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Kyriba Raises $160M As Bridgepoint Becomes Majority Owner
Kyriba Raises $160M As Bridgepoint Becomes Majority Owner
April 11, 2019  |  Investments

Kyriba, the cloud treasury and finance services company, announced on Thursday (April 11) that it closed a $160 million growth round of funding led by...

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BofA Debuts Digital Financial Coach
BofA Debuts Digital Financial Coach
April 11, 2019  |  Consumer Finance

Bank of America is gearing up to launch Life Plan, a digital portal that helps customers achieve financial goals, this fall. Get the Full Story...

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Solving The Subscription Movie Formula
Solving The Subscription Movie Formula
April 11, 2019  |  Retail

The appeal of a subscription service like MoviePass is obvious. Movie tickets are expensive: The average price of a ticket for a non-matinee in 2018...

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Canvas Technology Acquired By Amazon
Canvas Technology Acquired By Amazon
April 11, 2019  |  Retail

Amid its endeavors in robotic technology, Amazon has reportedly bought Canvas Technology. The Colorado-based startup, which was started in 2015, has offered such devices as...

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Walmart To Revamp 500 Stores In eCommerce Age
Walmart To Revamp 500 Stores In eCommerce Age
April 11, 2019  |  Retail

In an effort to keep physical retail relevant in the online commerce age, Walmart plans to revamp 500 of its U.S. brick-and-mortar locations. The refits...

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High-End Wedding Retail Takes A Dive — But Rebirth Is Possible
High-End Wedding Retail Takes A Dive — But Rebirth Is Possible
April 11, 2019  |  Retail

Stroll along certain streets in New Orleans (site of the PYMNTS bureau of slow and lost time), and you’ll come across one: A full-service, high-end...

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How To Power Plant-Based Baby Food Delivery, While Keeping It Real
How To Power Plant-Based Baby Food Delivery, While Keeping It Real
April 11, 2019  |  Retail

Using the subscription business model, eCommerce innovators are connecting parents with plant-based meals through delivery services. Raised Real, for instance, provides food in pre-portioned and...

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