News

Investments
Zubale Raises $40M to Expand Latam eCommerce Offering
April 20, 2022

Zubale, a software and gig collaborators marketplace that aims to fulfill eCommerce orders in Latin America, has raised $40 million in a Series A round that the company wants to use to tap into the region’s burgeoning digital commerce sector. Get the Full Story Complete...

CFPB
CFPB Reports Flood of Medical Debt-Collection Complaints Last Year
April 20, 2022

To say we’re behind on medical debt is an understatement on several levels. It wasn’t until 2021 when the Census Bureau finally caught up with data collected on this issue in 2017. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
Central Bank of India Plans Digital ‘Bank Within Bank’
April 20, 2022

The Central Bank of India is looking for a consultant to help develop a plan for a digital “bank within the bank,” the Hindu Business Line reported Wednesday (April 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Today in B2B: Limepay Debuts BNPL Capabilities; Wells Fargo Helps SMBs
April 20, 2022

Today in B2B payments, Limepay rolls out a buy now, pay later (BNPL) tool, while Wells Fargo debuts a financial assistance portal for small- to medium-sized businesses (SMBs). Plus, checks are still popular forms of payment in the wholesale space, and cryptocurrency and blockchain can...

Latin America
Digitizing Payments in Latin America Playbook: Brazil Is Setting the Standard
April 20, 2022

Open banking is an emerging practice in the financial sector these days, with consumers embracing the opportunity to control their financial data and prevent banks from blocking the movement of money between other financial services. Get the Full Story Complete the form to unlock this...

Delivery
UK’s Ryde Intros Shift-Based Compensation for Delivery Drivers
April 20, 2022

Ryde, a U.K. company that provides clients with platforms to create their own driver networks as well as access to its own pool of drivers, is launching an optional shift-based payment model for drivers. Get the Full Story Complete the form to unlock this article...

Retail
Today in Retail: Chatbots Help Car Buyers Get Quick Answers and Service; Consumers Are Spending...
April 20, 2022

Today in retail, Victoria’s Secret unveils a brand for tweens while Amazon deploys palm-scan payment at Whole Foods in Austin, Texas. Plus, Capital Automotive Group kicks off its RideShift car-buying platform, Best Buy launches at-home electronics recycling program, Lululemon will focus on menswear and digital...

Retail
Data: Amazon Pulls Ahead of Walmart in Share of US Retail Spending
April 20, 2022

Amazon dethroned Walmart as the biggest winner of retail spend in the U.S. in 2021. 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,...

Delivery
Just Eat Takeaway Explores Sale of Grubhub as US Competitors Pull Ahead
April 20, 2022

It would appear that Just Eat Takeaway’s Grubhub bet is not paying off. In a trading update Wednesday (April 20), the Netherlands-based company announced that it is “actively exploring” the possibility of a partial or full sale of the Chicago, Illinois-based aggregator or bringing in...