News

Retail
With Fundraise, Kaiyo Aims for Furniture Resale to Take Its Rightful Place Behind Houses, Cars
March 29, 2022

It may be on the “Big 3” American consumption food chain, sitting quietly alongside houses and cars, but unlike the other two cohorts, furniture purchases are overwhelmingly a one-time, retail transaction. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Delivery
Uber Eats Gets Into C-Store Delivery With bp
March 29, 2022

More than 3,000 bp retail locations will become available on the Uber Eats platform over the next three years to support the growing demand for the fast delivery of ​​food, groceries and everyday essentials. Get the Full Story Complete the form to unlock this article...

Regulation
Chetwood CEO Calls Open Banking ‘Disappointing,’ Regulation Key to Neobank Success
March 29, 2022

The U.K. is widely considered a leader in the implementation of open banking, the regulation mandated by the European Union’s Revised Payment Services Directive (PSD2) that compels retail banks in the region to make customer account information available to non-bank third parties through the use...

Delivery
Instacart CEO Plans to Build Company, Not IPO
March 28, 2022

Instacart isn’t rushing to go public right now, according to CEO Fidji Simo, Bloomberg wrote. 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,...

B2B Payments
Today in B2B: GrowSari Grows Its Filipino Empire With $77M Funding Round; Corcentric Talks B2B...
March 28, 2022

Today in B2B payments, GrowSari expands its B2B suite of offerings across the Philippines, while Corcentric discusses the benefits of adding transparency to the payments process in the healthcare and insurance sectors. Get the Full Story Complete the form to unlock this article and enjoy...

International
EMEA Daily: Apple Now Faces $55M in Fines; Ted Baker Declines Sycamore’s Takeover Offers
March 28, 2022

In today’s top Europe, Middle East and Africa news, the Dutch antitrust watchdog has fined Apple $55 million for failure to allow Netherlands-based dating app providers to use non-Apple payment methods; British fashion retailer Ted Baker has rejected two takeover offers. Get the Full Story...

International
Thorn Group Merges With Car Dealer Software Firm Limelight
March 28, 2022

New Zealand’s Thorn Group Financial Services is merging with auto dealership software maker Limelight to form Limelight Group. 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...

International
Huawei CFO: Tech Company is More United in Face of U.S. Pressure
March 28, 2022

Six months after Huawei Technologies’ Chief Financial Officer Meng Wanzhou returned to China after being under house arrest in Canada for nearly three years, she said the Chinese telecom giant’s resolve is strong, Reuters reported Monday (March 28). Get the Full Story Complete the form...

Retail
Today in Retail: Hyper Activism Could Reshape the Retail Landscape; BigCommerce Unveils Multi-Store Management Tool
March 28, 2022

Today in retail, retailers face hyper activism, while BigCommerce launches Multi-Storefront. Plus, buy now, pay later (BNPL) options aren’t taking away from private-label credit cards, Ted Baker turns down a pair of takeover offers from Sycamore Partners, and PayPal’s reverse logistics brings some happiness to...