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Bed Bath & Beyond Takes 1-800-Flowers To Court To Preserve Sale

PYMNTS

The deal agreed upon earlier this year called for 1-800-Flowers, which sells flowers and gift baskets online, to purchase the Pmall.com business, or Personalization Mall , from the home furnishing retail company for $252 million. Delaware has a history of rigidity on such deals and has usually held buyers to what they committed to do.

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PayPal Teams With ebizmarts To Integrate With Magento

PYMNTS

PayPal has inked a deal with point-of-sale (POS) company ebizmarts to help retailers offer both POS and digital payments. PayPal said when combined, the technology can help retailers synchronize online inventory with products in stores.

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Blockchain Tracker: Banks’ Experimentation With Blockchain Tech

PYMNTS

In the midst of today’s retail revolution, blockchain technology is being pushed up to the surface. E-Commerce’s increasing popularity over the last decade is likely the driver of blockchain technology implementation. One of the seemingly largest barriers for banks with blockchain technology are federal-level regulations.

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Signifyd Data Shows Fraud Is Actually Declining

PYMNTS

“I would not want to be a merchant responsible for managing fraud today,” Spear told Karen Webster in a live online discussion on the topic held last week with an audience of online retailers. “It Rather, the decline reflects the adoption of new technologies that use machine learning to mitigate fraud threats, he said.

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Peapod And Alexa Deliver Greater Grocery Ordering Convenience

PYMNTS

The beauty of online grocery shopping is that you can add to your order throughout the week and at the very moment you remember that you need something,” said Cat de Merode, Peapod’s vice president of product. We love new technologies, particularly when they fit so naturally into household planning.”. In Other News….

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Companies ‘Pivoting To Blockchain’ See Huge Stock Spikes — But Does The Hype Hold Up?

CB Insights

When it comes to blockchain technology, there’s a lot of hype. Ziddu focuses on blockchain-backed solutions that offer microfinance lending against collateralized commodities in the form of Ziddu Coins — in other words, blockchain-based technology that could hypothetically make it easier for LongFin to collect collateral from borrowers.

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The Digital Shift, Real-Time Payments, Stimulus Funding Top This Week?s News

PYMNTS

Retailers have rushed to enable a “contactless” payment experience to make them feel more comfortable shopping and checking out in their shops. Exclusive Data: Twenty-Five Percent of Consumers Say Retail, Online Grocery Digital Shift Will Stick . Terms of the deal were not made known. . The Rise Of Card-On-File Commerce.

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