News

eCommerce
Bolt CEO: Commerce Identity, Checkout Operating System Makes One-Click Checkout Ubiquitous
March 17, 2022

Right up there with the dream of single sign-on for all is universal one-click checkout, updated for the digital first shopper who wants that experience to follow them wherever they shop. It’s a logical evolution in user experience that connects the consumer to commerce at...

Payment Methods
Amex Says Transit System Payments Are Ripe for an Open-Loop Overhaul
March 17, 2022

Contactless payments are transforming any number of sectors and verticals, including mass transit across municipalities and the world. 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...

Cross-border Payments
Hubpay CEO Says Digital X-Border Wallet Can Help Bring MENA’s Unbanked Into Financial Fold
March 17, 2022

With millions of unbanked and underbanked individuals in the Middle East and North Africa (MENA) region, there is a strong need for new and innovative technologies to help boost financial inclusion and access to financial services. Get the Full Story Complete the form to unlock...

Investments
3 Dozen Tech Firm Founders Launch VC Fund To Grow Africa’s Next Unicorns
March 17, 2022

From Nigeria’s Interswitch, Andela and Flutterwave to Senegal-based mobile money provider Wave, Africa’s technology landscape has seen the emergence of several unicorns — private companies with a valuation of over $1 billion — in recent years, buoyed by increasing venture capital (VC) being poured into...

Merchant Innovation
PARTS iD ‘Shop by Service Type’ Feature Boosts Online Sales of Auto Parts, Accessories
March 16, 2022

A new online specialty shop for an emerging market, an expanded “Shop by Service Type” feature and cost-effective product alternatives are among the strategic initiatives deployed by technology platform PARTS iD during the fourth quarter.  Get the Full Story Complete the form to unlock this...

Delivery
Instacart Fees Up 24% in January YoY; CEO ‘Worried’ Inflation May Push Them Higher
March 16, 2022

Instacart is facing steep challenges with rising inflation making food more expensive, according to a Bloomberg report. 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...

International
Nigerian Senate Passes Bill to Tighten Money-Laundering Rules
March 16, 2022

The Nigerian Senate has passed a bill to amend money-laundering regulations, including making it mandatory for lenders to report suspicious transactions, Bloomberg reported Wednesday (March 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Home Depot, Lowe’s to Offer Virtual Home Improvement Workshops
March 16, 2022

Lowe’s and Home Depot are both set to offer virtual workshops on home improvement projects ranging from bathroom upgrades and lawn care, Bloomberg reported Wednesday (March 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Bill Payment Platform Doxo Raises $18.5M
March 16, 2022

All-in-one bill payment platform doxo has raised $18.5 million in a Series C round, a press release said Wednesday (March 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...