News

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...

B2B Payments
Wholesale Distributors Still Highly Reliant on Accepting Paper Checks
April 20, 2022

While emerging technologies will play an important role in the supply chains of the future, having the ability to accept and reconcile check payments more swiftly is critical too. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Financial Inclusion
Yapily Partners With Yonder to Offer Credit to Underserved
April 20, 2022

Credit card startup Yonder is teaming up with open banking platform Yapily to provide consumers access to credit without needing a U.K. credit score. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
IMF Recommends More Regulation to Reduce FinTech, Crypto Risks
April 20, 2022

In an April 13 blog post, the International Monetary Fund (IMF) explained the benefits that FinTech companies have brought to consumers, but it also highlighted the challenges that these sometimes lightly regulated entities pose for regulators. The IMF’s recommendation to reduce risks is more regulation....

eCommerce
Capital Automotive Group Launches Car-Buying Platform RideShift
April 20, 2022

Car dealership company Capital Automotive Group has launched RideShift, which uses artificial intelligence and customer service to improve the vehicle-buying process before, during and after the sale, according to a Wednesday (April 20) press release. Get the Full Story Complete the form to unlock this...