Today in food commerce, ultrafast grocery delivery startups lay off their staff, and Ocado cuts its sales growth prediction for the year by more than half. Plus, Madeline Aufseeser, global omnichannel grocery leader at ACI Worldwide, discusses consumers’ evolving payment expectations. Get the Full Story...
Scammers are hijacking Twitter accounts to promote questionable cryptocurrency platforms that let them compromise their victim’s information. 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...
The Consumer Financial Protection Bureau (CFPB) wants to remind consumers that federal law requires companies to explain specific reasons for denying credit applications, even when the creditor employs credit models using complex algorithms, according to a Thursday (May 26) press release. Get the Full Story...
In today’s FinTech news, Bloom raises money to fund digital startups, while experts weigh in on the disruption of cryptocurrencies. Plus, Klarna is eyeing short-term profits over company growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Blockchain-enabled B2B payments firm Paystand is rolling out automatic billing and payment features for NetSuite AR to accelerate time to cash, eliminate transaction fees, and simplify billing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Today in B2B payments, Pemo launches an all-in-one spend management platform, while Westpac and 10x launch a transaction banking platform. Plus, JABU gets $15 million for Namibia B2B eCommerce and new Fundbox Flex Visa helps SMBs manage their spending and access working capital. Get the...
Faced with mounting economic pressure, small-to-midsized businesses (SMBs) are showing more and more interest in getting paid more predictably, according to the “Money Mobility Tracker,” a PYMNTS and Ingo Money collaboration. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Financial institutions (FIs) are pressed to address a number of key business-to-business (B2B) payment frictions, and many are currently working on or planning to work on digital solutions to these challenges. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In 2020 and 2021, online grocery growth soared. Now, companies in the space are facing major roadblocks on both sides of the Atlantic, as soaring inflation and consumers’ return to their lives away from home impact sales. Get the Full Story Complete the form to...
