News

Ridesharing
Lyft, Hertz Team on New Summer Travel Offerings
June 27, 2022

Lyft and Hertz are partnering and launching new offerings intended to make summer air travel easier, according to a Monday (June 27) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
RadonAway Launches New B2B Purchasing App
June 27, 2022

App developer Unbound Commerce has produced a new app for RadonAway, a manufacturer and distributor of equipment for radon mitigation, according to a Monday (June 27) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Fintech Investments
Today in FinTech: Rent Without a Security Deposit; Kroo Granted UK Bank License; Great Tech...
June 27, 2022

In today’s FinTech news, tenants can rent without a security deposit using a new solution from Obligo and Wells Fargo that offers landlords a letter of credit. Plus, despite the comparisons to the dotcom bubble burst, the great Tech Wreck of 2022 is way too...

Delivery
Battle for London Rages on as Q-Commerce Eyes Path to Profit
June 27, 2022

In the United Kingdom’s on-demand delivery sector — also known as quick-commerce or Q-Commerce — the story so far has been one of intense competition and consolidation as foreign companies like Germany’s Gorillas, Turkey’s Getir or U.S.-based Gopuff vie for space in the crowded market...

B2B Payments
PrimeRevenue, eFactor Team on Supply Chain Financing
June 27, 2022

Mexican FinTech eFactor Network has teamed up with B2B supply chain finance firm PrimeRevenue to expand access to financing to Latin American agribusiness companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Loyalty & Rewards
Restaurants Roll out Gamified Rewards in Search of Loyalty Sweet Spot
June 27, 2022

As restaurants look to drive loyalty in the face of stiff competition for consumers’ digital ordering, those that reward customers for their spending have the advantage. However, with loyalty programs now the norm, consumers expect more than the standard model, by which they receive a...

Payment Methods
15% of Consumers Use at Least Three or More Payments Methods
June 27, 2022

When consumers are willing to employ multiple payment methods, PYMNTS describes that as exhibiting high payment diversification (HPD). 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...

B2B Payments
Large Companies Say Real-Time Payments Offer Competitive Edge
June 27, 2022

Large U.S. firms make and receive nearly twice as many real-time payments as midmarket ones, and they’re reaping the benefits to a much greater degree as a result. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
UK Digital Bank Kroo Granted Banking License
June 27, 2022

U.K. digital bank Kroo has been granted a full banking license by the Bank of England, the bank announced Monday (June 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...