News

Delivery
Grab Says Delivery Demand Stable After COVID
May 19, 2022

Singapore-based super app Grab said it has seen a steady demand for deliveries, even as Southeast Asia eases its COVID-19 restrictions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Memberships, Digital Sales Jump for BJ’s As More Shoppers Hunt for Bargains
May 19, 2022

With the push to make the most of every dollar more pronounced than ever amid inflation levels that haven’t been seen since the 1980s, BJ’s Wholesale Club is among the beneficiaries, at least according to its fiscal 2022 first-quarter earnings report on Thursday (May 19)....

Banking
Airtel Africa’s Smartcash PSB Launches in Select Nigerian Cities
May 19, 2022

Airtel Africa’s subsidiary, SmartCash Payment Service Bank (SmartCash PSB), is bringing its digital financial services to select cities in Nigeria to further reach unbanked consumers there and expand the region’s digitization efforts, according to a Thursday (May 19) press release emailed to PYMNTS. Get the...

Retail
With Stock at Clearance Sale Price, Under Armour CEO Departs
May 19, 2022

In the retail industry, a “50% off” clearance sale is how brands routinely move-out last year’s unsold inventory. 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...

Delivery
Uber to Test Scheduled Grocery Delivery on West Coast
May 19, 2022

Uber has teamed up with Grocery Outlet to test on-demand and scheduled grocery delivery in several cities on the west coast. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

eCommerce
PYMNTS AM Radar: B2B Friction Reduction; NFT Cuteness Factor; Using Behavior to Prevent Fraud; ICYMI
May 19, 2022

It’s Thursday, May 19, and it’s an outlier day — only Devil’s Food Cake Day seems to have claimed it, and that’s not nearly enough. Nine years ago today Yahoo acquired the social blogging site Tumblr for $1.1 billion. WordPress picked it up for about...

Banking
Visa Using AI to Eliminate Pending Charges
May 19, 2022

Sometimes, it’s the little things that create the biggest frictions. 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...

B2B Payments
Booming Business Payments Now Outpace B2C Advances by 2-to-1 Margin
May 19, 2022

B2B payments, in the digital age, might owe a lot to that 18th century giant of economics, Adam Smith. 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...

B2B Payments
Half of Banks Report New Urgency to Offer Embedded Biz Payments Innovation
May 19, 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...