News

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

(source: pymnts.com)

Whole Paycheck Tracker: New Blows Against The Amazon Empire
Whole Paycheck Tracker: New Blows Against The Amazon Empire
August 14, 2020  |  Walmart Amazon whole paycheck

Success breeds imitators, especially when the U.S. consumer’s whole paycheck is at stake. This week saw two major shots across the bow in the battle...

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Dillard’s Drops For Q2; Report Shows Foot Traffic Falling In Sector
Dillard’s Drops For Q2; Report Shows Foot Traffic Falling In Sector
August 14, 2020  |  Retail

The department store segment had mixed news this week, as Dillard’s showed signs of recovery but a new report showed a reversal of some of...

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Brookfield Asset Management Raises A Record $23B
Brookfield Asset Management Raises A Record $23B
August 14, 2020  |  Retail

Alternative-asset manager Brookfield Asset Management said it raised a record $23 billion in Q2 and foresees speeding up the pace of investments in the wake...

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July Retail Sales Rise 1.2 Pct From June
July Retail Sales Rise 1.2 Pct From June
August 14, 2020  |  Retail

The U.S. Census Bureau reported estimated advanced U.S. retail and food services sales for July of $536 billion, marking a rise of 1.2 percent (±...

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Addressing ID Verification At The Source
Addressing ID Verification At The Source
August 14, 2020  |  Authentication

As PYMNTS continues tracking a multitude of factors surrounding the COVID-19 pandemic and how it’s changing the ways we live and work, the digital shift...

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Deep Dive: How The Pandemic Is Prompting A Fresh Look At AP Processes
Deep Dive: How The Pandemic Is Prompting A Fresh Look At AP Processes
August 14, 2020  |  CFO

The COVID-19 pandemic and its resulting economic downturn have placed new strains on corporate buyers that could persuade them to more quickly replace manual AP...

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How US Carves Its Own Path To Open Banking
How US Carves Its Own Path To Open Banking
August 14, 2020  |  B2B Payments

While open banking frameworks and initiatives have slowly trickled throughout the U.S. financial services system, the landscape is nowhere near as developed as in other...

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Trade Finance, Early Wage Access Take B2B VC Lead
Trade Finance, Early Wage Access Take B2B VC Lead
August 14, 2020  |  B2B Payments

With $227.5 million in combined funding, B2B FinTechs remain resilient in today’s current market. Investments ranged across geographies and industries, but the biggest highlights landed...

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Amazon Launches Online Pharmacy In Bengaluru, India
Amazon Launches Online Pharmacy In Bengaluru, India
August 14, 2020  |  Amazon Commerce

Amazon India has added an online pharmacy to its offerings in Bengaluru, one of the nation’s largest cities with a population of nearly 12 million....

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