News

Delivery
Domino’s ‘Tips’ Customers for Pickup Amid Push to Shift Delivery Labor to Consumers
January 31, 2022

With ongoing labor challenges making the economics of delivery even more difficult than usual, Domino’s is doing everything in its power to outsource the labor of picking up its pizzas and bringing them to consumers’ homes to the customers themselves. Get the Full Story Complete...

Investments
Investors Move From China’s Consumer Market to “Hard Tech”
January 31, 2022

Start-up companies in China enjoyed record fundraising levels last year. But where did that money go? 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...

Investments
Nigerian FinTech Brokerage App Bamboo Notches $15M Series A
January 31, 2022

Brokerage app Bamboo raised $15 million in a Series A funding round that the Nigerian startup will use to escalate its growth while entering new markets and launching more products, according to multiple reports on Monday (Jan. 31). Get the Full Story Complete the form...

B2B Payments
27% of Businesses Wait up to 3 Days for Payments From Online Marketplaces
January 31, 2022

Online marketplaces may have created digital refunds and other disbursement processes for their consumers, but many seller payments are still conducted with the same outdated, time-consuming methods that they seem to always have used. Get the Full Story Complete the form to unlock this article...

Social Commerce
“Free Money” Draws 1.1M New Yorkers to Sports Betting
January 31, 2022

On Jan. 8, the state of New York legalized sports betting. 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...

B2B Payments
B2B Payments Provider Vendorin Rebrands as Corcentric
January 31, 2022

Payments platform Corcentric has rebranded its B2B payments subsidiary Vendorin as Corcentric Payments, the company announced Monday (Jan. 31). 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...

B2B Payments
CFOs Must Always Be Forward Looking 
January 31, 2022

Even when a company is growing quickly, the chief financial officer (CFO) needs to stay ahead of a changing economic landscape and the challenges that it creates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

eCommerce
Used Car eCommerce Platform Holds Pop-up Event for Sellers
January 31, 2022

Used car eCommerce platform Shift has tried out another way to make it convenient for consumers to sell their cars. Already offering its customers the opportunity to get an estimated price for their car online and then complete the transaction at one of its locations...

Delivery
Ultrafast Grocers’ Losses Mount in the Face of an Uncertain Future
January 31, 2022

Ultrafast grocers are hemorrhaging money. A recent Wall Street Journal report has found that these on-demand delivery services’ losses can amount to as much as $20 per order on average including ad spending. Get the Full Story Complete the form to unlock this article and...