News

B2B Payments
B2B eCommerce Platform Sary Expands to Pakistan With Stake in Jugnu
March 24, 2022

Sary, a B2B eCommerce platform, has bought a stake in Jugnu, leading its $22.5 million Series A round, the Riyadh, Saudi Arabia-based company announced in a Thursday (March 24) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Ridesharing
Uber Users Can Book Taxi Rides Through Curb Partnership
March 24, 2022

Ride-hailing app Curb, which offers licensed taxi and for-hire rides across North America, has partnered with Uber to allow Curb-connected drivers to receive trip requests from Uber users, according to a Thursday (March 24) joint press release. Get the Full Story Complete the form to...

B2B Payments
84% of CFOs Say Digitization Improves Working Capital
March 24, 2022

While businesses have taken steps to embrace faster payments during the pandemic, a quarter of B2B payments are still made by check. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payment Methods
Americans Embrace Old Dining Habits, New Payment Methods
March 24, 2022

With two-thirds of American consumers saying they’re now eating in restaurants following the COVID-19 pandemic, one aspect of dining out is a bit different: the way people pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Nigeria’s Kwik Raises $2M to Fuel Its Last-Mile Delivery Offerings
March 24, 2022

Kwik, a provider of logistics services to B2B merchants, has raised $2 million in Series A funding, BizCrast.com reported Thursday (March 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Delivery
Instacart Leverages Range of Fulfillment Options to Be Consumers’ One-Stop eGrocery Shop
March 24, 2022

Instacart is entering the ultrafast grocery delivery space. 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, PYMNTS Today. By completing this form, you...

Retail
Consumers Pay Full Price for Brands That Make Them Happy, Tommy Bahama Parent Says
March 24, 2022

At a time when news about inflation and cost-consciousness seems inescapable, it is notable to hear a retailer speak of consumers’ willingness to pay full price for things that make them happy. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Traeger Stock Down Almost 16% After Grill Maker Predicts Sales Drop
March 24, 2022

Traeger Inc.’s stock is down almost 16% in early trading Thursday (March 24) after the grill maker said in a Wednesday (March 23) press release that it’s anticipating lower sales for fiscal 2022 because of inflation, lower customer confidence and tighter margins. Get the Full Story...

Security & Fraud
2 Plead Guilty, 17 Charged in US Rideshare, Delivery Fraud Racket
March 24, 2022

Two Brazilian nationals — one residing in Lowell, Massachusetts and another in Daly City, California — pleaded guilty to conspiracy to commit wire fraud and aggravated identity theft in connection with a nationwide plot to open fraudulent driver accounts with rideshare and delivery service companies....