News

Delivery
Charleys Turns to Drones for Delivery Margin Lift
October 03, 2022

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B2B Payments
Today in B2B Payments: 3 Companies Roll out New Products
October 03, 2022

Today in B2B payments, the African Export-Import Bank (Afreximbank) launches a payment service, Nipendo expands access to automated invoicing and WEX adds a digital wallet for B2B payments. Plus, PYMNTS research finds an opportunity for financial institutions to supply capital, cash flow assistance and payment...

Europe
EMEA Daily: PayU-BillDesk Deal Collapses at Last Minute; Italian Court Cancels $169M Fine Against Apple,...
October 03, 2022

Today in Europe, the Middle East and Africa, the Dutch technology firm Prosus announced that it has cancelled a planned takeover that would have seen its FinTech arm PayU merge with the Indian payment firm BillDesk. In Italy, a court has overruled a $169 million...

Delivery
Deliveroo Opens First Physical Grocery Store in London
October 03, 2022

Deliveroo is opening its first brick-and-mortar grocery store as the rapid delivery service attempts to expand its offerings. 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...

Retail
Deliveroo’s New Store Adds Grocery Pickup Option to Aggregator Model
October 03, 2022

As many brick-and-mortar grocers, noting the rise of eGrocery, look to boost their digital offerings, British food delivery company Deliveroo is going the other direction. The aggregator is opening a physical grocery store in Central London in partnership with Morrisons, the U.K.’s fourth-largest grocer, the...

Cross-border Payments
Stablecorp, Shift Markets Build Canada-US Cross-Border Payments Rail
October 03, 2022

Global digital asset infrastructure firms Stablecorp and Shift Markets are collaborating to establish a cross-border payments and foreign exchange (FX) rail that uses the Algorand blockchain and allows assets to flow between Canada and the United States.  Get the Full Story Complete the form to...

Retail
Earliest Holiday Shopping Events Pit ‘Christmas Creep’ Against ‘Sales Fatigue’
October 03, 2022

The so-called “Christmas Creep,” where holiday shopping and sales events start earlier and earlier each year, has become so entrenched in retail circles that it even has its own Wikipedia page that dates the trend back to the mid 1980’s. Get the Full Story Complete the...

Retail
Data Shows Traditional Grocery Going the Way of Brick-and-Mortar Retail
October 03, 2022

Online grocery may be a significantly younger category than other kinds of eCommerce, and adoption may be lower, but grocers would be best served to learn from the lessons of traditional retailers in decades prior. As consumers shift online, category by category, grocers may soon...

Retail
Freight Carrier Pullback Signals Tough Holiday Season for Retailers
October 03, 2022

Carriers are signaling the holiday season — and beyond — will be no saving grace for retailers struggling to keep margins intact and combat inflation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...