News

Delivery
Gopuff Teams With UK Grocer Morrisons for Instant Delivery
March 25, 2022

Instant delivery platform Gopuff is teaming up with U.K. supermarket giant Morrisons to quickly bring thousands of goods, including locally-made food products, to consumers across the country, according to a press release on Friday (March 25). Get the Full Story Complete the form to unlock...

Investments
Korean Housing Startup Dongnae Raises $20M
March 25, 2022

Dongnae, a South Korean startup that aims to help tenants dealing with limited housing options, has raised 25 billion won (about $20.4 million) in a Series A funding round, KoreaTechDesk reported Friday (March 25). Get the Full Story Complete the form to unlock this article...

International
Bank of Thailand Unveils Banking Initiatives to Support Digital Economy
March 25, 2022

​The Bank of Thailand (BOT) has outlined a fresh set of banking initiatives designed to position the financial sector for a sustainable digital economy, the country’s central bank announced Friday (March 25). Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
DeFi’s Risks ‘Quickly Evolving’ to Threaten Traditional Markets, Securities Regulators Warn
March 25, 2022

Warning that the risks decentralized finance (DeFi) pose are quickly evolving as the crypto-based markets grow to the point where they are “cloning” mainstream financial markets, an international group of securities regulators announced a push to create a coordinated global response. Get the Full Story...

Security & Fraud
Lebanon Central Bank Chief, Nevada Man Charged in Separate Money Laundering Crimes
March 25, 2022

Lebanon’s central bank chief was charged with illicit enrichment and money laundering by Lebanese Judge Ghada Aoun, while a Nevada man pleaded guilty to laundering funds solicited for BitClub Network, according to reports. Get the Full Story Complete the form to unlock this article and...

Retail
Instacart Plans to Boost in-Store Presence With Smart Carts
March 25, 2022

It has been a big week for leading grocery aggregator Instacart. The company announced Wednesday (March 23) its new “Instacart Platform” suite of solutions, which includes offerings such as 15-minute grocery delivery and new marketing solutions, and then Friday (March 25), it was reported that...

Retail
Bed Bath & Beyond Adds Three New Board Members in Deal with RC Ventures
March 25, 2022

Bed Bath & Beyond Inc. and activist investor Ryan Cohen appear to have put their differences aside. 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...

Retail
Honesty Isn’t Enough: Weak Sales Forecast Sends Investors Fleeing From Honest Co
March 25, 2022

The steady 10-month slump of Jessica Alba’s Honest Company continued Friday (March 25), after the Los Angeles-based seller of diapers and personal care products said first-quarter sales would be down 15% and full-year revenue flat. Get the Full Story Complete the form to unlock this...

Retail
Mister Car Wash Finding Loyalty Among Increasing Customer Base
March 25, 2022

Customers who have tried Mister Car Wash really seem to like it, based on the 34.3% year-over-year increase in Unlimited Wash Club (UWC) memberships through the end of 2021 to 1.656 million members. Get the Full Story Complete the form to unlock this article and...