Online Grocery Shopping Lags Behind Digital Restaurant Adoption

Online Grocery Shopping Lags Behind Digital Restaurant Adoption
Online Grocery Shopping Lags Behind Digital Restaurant Adoption
December 14, 2022  |  Retail

As consumers seek greater convenience, digital restaurant engagement continues to outpace online grocery shopping. By the Numbers Research from the latest edition of PYMNTS’ monthly...

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SoFi Begins Rollout of Buy Now Pay Later Product
SoFi Begins Rollout of Buy Now Pay Later Product
December 14, 2022  |  BNPL

SoFi is rolling out a new buy now pay later product for eligible members.  The personal finance company said in a Wednesday (Dec. 14) blog...

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Grocery Delivery Expands as Retailers Compete for Digital Spending
Grocery Delivery Expands as Retailers Compete for Digital Spending
December 14, 2022  |  Delivery

This week, Food Lion expands eCommerce, Target invests in grocery delivery, and Getir buys Gorillas. Ahold Delhaize subsidiary Food Lion, which has more than 1,100...

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European Cities Promote Nationwide Open-Loop Contactless Travel
European Cities Promote Nationwide Open-Loop Contactless Travel
December 14, 2022  |  Payments Innovation

The Netherlands has followed London’s example with the launch of an open-loop transport system. Unlike their closed-loop equivalent, open-loop payment systems don’t require an additional...

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75% of Small Businesses Dissatisfied With Cross-Border Payment Solutions
75% of Small Businesses Dissatisfied With Cross-Border Payment Solutions
December 14, 2022  |  SMBs

International transactions for small businesses should be as easy to clinch as domestic sales. The rise of digitally powered businesses has opened new possibilities for...

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Senate FTX Crypto Hearing Pits Blockchain Promoters Against Skeptics
Senate FTX Crypto Hearing Pits Blockchain Promoters Against Skeptics
December 14, 2022  |  Cryptocurrency

Another day, another congressional committee hearing on the FTX crypto collapse. Fresh off of Tuesday’s (Dec. 13) House Financial Services Committee hearing covering the collapse...

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ManuFuture Taps OpenBOM to Streamline Custom Parts Manufacturing
ManuFuture Taps OpenBOM to Streamline Custom Parts Manufacturing
December 14, 2022  |  B2B Payments

OpenBOM and ManuFuture want to give mechanical custom parts manufacturing a digital makeover. OpenBOM, a digital product data management platform, announced Wednesday (Dec. 14) it...

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Australia’s Westpac Banking and Tyro Payments End Acquisition Talks
Australia’s Westpac Banking and Tyro Payments End Acquisition Talks
December 14, 2022  |  Partnerships

Westpac Banking has scuttled its consideration of an acquisition of Tyro Payments. The two firms said Monday (Dec. 12) in separate press releases that they...

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New SCA Rules to Reduce Friction in Open Banking Payments
New SCA Rules to Reduce Friction in Open Banking Payments
December 14, 2022  |  Bank Regulation

Changes to strong customer authentication (SCA) rules in Europe are aiming to reduce customer friction. In the EU, the European Banking Authority (EBA) has updated...

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