Amazon Advertising Division Soars As Merchants Spend For Visibility
Amazon Advertising Division Soars As Merchants Spend For Visibility
December 29, 2020  |  eCommerce

Amazon’s advertising division is pulling in big bucks as its marketplace merchants jockey for position amid the pandemic-fueled eCommerce boom. The tech behemoth is tracking...

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Today In Digital-First Banking: FinCEN Warns FIs About Vaccine Scams; JP Morgan Chase To Buy cxLoyalty’s Rewards Division
Today In Digital-First Banking: FinCEN Warns FIs About Vaccine Scams; JP Morgan Chase To Buy...
December 29, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, the Financial Crimes Enforcement Network (FinCEN) has issued a warning about COVID-19 vaccine scams and cybersecurity, while J.P. Morgan...

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Ant Group’s Restructuring Could Slash Its Valuation And Slow Its Growth
Ant Group’s Restructuring Could Slash Its Valuation And Slow Its Growth
December 29, 2020  |  International

Chinese giant Ant Group’s plan to put its online financial businesses into a holding company to satisfy regulators could slash the firm’s valuation, require billions...

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Drone Delivery Gets A Lift With FAA Rule Change
Drone Delivery Gets A Lift With FAA Rule Change
December 29, 2020  |  Delivery

Calling it a major step toward fully integrating  1.7 million drones into the national airspace system, the Federal Aviation Administration has released two new rules...

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Today In Payments Around The World: Mytheresa’s Parent Files For IPO; Ant Considers Moving Financial Services To Holding Company
Today In Payments Around The World: Mytheresa’s Parent Files For IPO; Ant Considers Moving Financial...
December 29, 2020  |  International

In today’s top payments news around the world, Mytheresa parent company MYT Netherlands Parent B.V. said it has filed a registration statement to go public,...

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Data Shows Department Stores Struggle In Digital-First Economy
Data Shows Department Stores Struggle In Digital-First Economy
December 29, 2020  |  Retail

Now that the holiday shopping season is over and the returns season has begun, the department store doomsayers are back. With Mastercard’s holiday spending report...

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The Year Of D2C Brands And Digital Technologies
The Year Of D2C Brands And Digital Technologies
December 29, 2020  |  Today In Data

Green Goo and Spiceology are among the direct-to-consumer (D2C) brands that were on the rise this year. In acquisitions, FedEx Corp. said it has completed its...

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Revolut Accused Of Failing To Pay Employee Bonuses
Revolut Accused Of Failing To Pay Employee Bonuses
December 29, 2020  |  Legal

A dispute over worker bonuses initially led to a job action — and now a court case in Poland — claiming that the U.K.-based FinTech...

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VF Corporation Wraps Up Purchase Of Supreme
VF Corporation Wraps Up Purchase Of Supreme
December 29, 2020  |  Retail

VF Corporation has closed on its purchase of Supreme for a $2.1 billion aggregate base purchase price, which is “subject to customary adjustments for cash,...

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