News

Delivery
Instacart IPO Prep Includes Staff, Spending Reductions
September 25, 2022

Instacart has been laying off staff and cutting down on new hires as it heads toward an initial public offering (IPO), a report from The Information said Saturday (Sept. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
iControl, MarginEdge Team on B2B Alcohol Payments
September 25, 2022

B2B food and beverage payment solution iControl is partnering with MarginEdge, a restaurant management software solution, to help solve the problems restaurants face when purchasing and serving alcohol. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Smart Retail Brands Drive Hybrid Shopping Experience in the UAE
September 25, 2022

In the United Arab Emirates (UAE), retailers are increasingly denying the distinction between online and in-store shopping, and the country has emerged as one of the world’s most advanced in terms of the “phygital” retail experience. Get the Full Story Complete the form to unlock...

Payment Methods
Report: Uzbek Firm Says Tech Issues Halted Processing Russian Mir Cards
September 23, 2022

Uzbekistan’s inter-bank processing center UZCARD has reportedly paused its processing of payments via the Bank of Russia’s National Card Payment System (NSPK)-issued Mir payment cards.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
Spanish Bank Sabadell Begins Discussions to Sell Payments Arm
September 23, 2022

Spanish financial services company Banco Sabadell is in discussions to sell its payments business and has thus far received bids from three companies, according to published reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Auditoria.AI Introduces Smartbots to Manage AP, AR Email Inboxes
September 23, 2022

Natural language and artificial intelligence (AI) technologies provider Auditoria.AI has introduced two AI-enabled smartbots that monitor and manage shared accounts payable (AP) and accounts receivable (AR) email inboxes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Today in B2B Payments: Firms Plan Investments in Supply Chains, Remote Teams
September 23, 2022

Today in B2B payments, Visionaries Club raises 400 million euros (about $388 million) to invest “courageous capital” in digitizing supply chains, while Remofirst raises $14.1 million to help companies build remote teams. Plus, Markaaz and Nav Technologies partner to deliver curated financing options to the...

B2B Payments
Two-Thirds of Firms Plan to Automate Routine AP Tasks in Next 12 Months
September 23, 2022

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

B2B Payments
Payoneer Adds First Chief Platform Officer, Forms New Division
September 23, 2022

Commerce technology company Payoneer has hired Assaf Ronen, a veteran of SoFi, Amazon and Microsoft, to lead a newly established division that integrates Payoneer’s technology, product and high value service units. Get the Full Story Complete the form to unlock this article and enjoy unlimited...