News

Delivery
UK’s Deliveroo Catches ‘Aggregator Flu’ as Consumers Rein In Spending
July 18, 2022

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B2B Payments
Today in B2B Payments: Paystand Unveils Discounting App; Finance Leaders Balance Spending, Remote Employees’ Needs
July 18, 2022

Today in B2B payments, two out of five businesses say accounts payable innovation is a priority, while Prologis sees rental growth reach “unprecedented” levels. Plus, Subskribe unveils revenue recognition for SaaS companies. Get the Full Story Complete the form to unlock this article and enjoy...

Delivery
One in Six Consumers Orders Grocery Delivery Every Week
July 18, 2022

The bulk of all grocery shopping may continue to be centered on the physical store, but the share of consumers adopting online options is on the rise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Delivery
Food Delivery Businesses Tinker With Recipe for Success as Costs Skyrocket
July 18, 2022

As demand for restaurant and grocery delivery continues, businesses that rely on the channel are facing new challenges, as ongoing labor difficulties are compounded by rising food and commodities costs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Klarna Launches Retail Pop-up in LA
July 18, 2022

Swedish FinTech/buy now, pay later (BNPL) provider Klarna is set to open its American retail pop-up store in Los Angeles this weekend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payment Methods
Citi Says P2P Payments Are Direct Deposits to Avoid Fees
July 18, 2022

Citi is now accepting peer-to-peer (P2P) payments as direct deposits that qualify for checking account monthly service fee waivers, according to a Monday (July 18) statement emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Smart Credit Card Company X1 Card Raises $25M in Series B Funding
July 18, 2022

Smart credit card company X1 Card on Monday (July 18) raised $25 million in a Series B funding round that it plans to use for product innovation and growth ahead of its availability to the general public in the coming weeks, according to a company...

Banking
UK FinTech Starling Scuttles EU Banking License
July 18, 2022

Starling Bank, the U.K.-based digital bank, has curtailed its international expansion plans, halting its attempt to win a banking license in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Why 40% of Businesses Are Making AP Innovation a Priority
July 18, 2022

When firms expect their monthly payables to increase and are concerned about how efficiently they can process them, they’re likely to be upgrading or planning to upgrade their payment platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...