News

B2B Payments
74% of Millennial B2B Buyers Have Switched Vendors For Better Consumer-Like Experience
January 03, 2022

B2B companies are taking to digital channels to manage business functions, establish buyer or vendor relationships and handle critical payment functions. As they do so, B2B buyers want the same sort of seamless payment processes that they have during business-to-consumer (B2C) transactions. Get the Full...

Digital Banking
The Open Banking Opportunity at the Intersection of Data and Payments
January 03, 2022

Open banking may be seen as a buzzword in the banking and payment industries. 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...

Retail
Omnichannel Innovations to Expect as Retail Automates at Lightning Speed
January 03, 2022

In 2021, the retail industry experienced a digital switchover into a “bring-it-to-me” world — one where the retail experience is ideally an instant one. Consumers amid a pandemic found things like curbside delivery and contactless payments intriguing and valuable.   Get the Full Story Complete the form to...

Partnerships / Acquisitions
Vejii Closes $6.25M Deal for B2B Plant-Based Wholesaler VEDGEco
January 03, 2022

Digital vegan marketplace Vejii is acquiring B2B plant-based wholesaler VEDGEco for $6.25 million in a share purchase agreement, a move that will help Vejii grow its distribution network, Vegconomist reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Delivery
European Giants Consolidate in Competitive Ultrafast Delivery Space
January 03, 2022

It’s been a few days into the new year and the ultrafast grocery delivery market in Europe is already buzzing with consolidation moves as companies seek to gain a competitive advantage in the fast-growing space. Get the Full Story Complete the form to unlock this...

International
Late Payments Threaten 8% of UK Small Businesses
January 03, 2022

The U.K.’s Federation of Small Businesses says that a “late payment crisis,” coupled with high inflation and increased administration for international traders, is threatening to shrink the business community. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Partnerships / Acquisitions
REPAY Buys Payix in Deal Worth up to $115M
January 03, 2022

Vertically-integrated solutions platform REPAY is acquiring payment technology service Payix in a deal that could be worth up to $115 million, according to a Monday (Jan. 3) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
No Rest for Retail as New Year Ushers in Familiar Challenges
January 03, 2022

Whether it’s baseball, Broadway or any number of other related scenarios, the old “You’re only as good as your last… (at-bat, performance etc.) quip is a perfect fit for retailers this new year, as they will be given no space to reflect on what was,...

Delivery
Udelv Unveils First Self-Driving Multi-Stop Cargo Vehicle
January 03, 2022

The first cab-less autonomous cargo vehicle — the Transporter by Udelv — can carry 2,000 pounds of merchandise, make as many as 80 stops, and travel between 160 and 300 miles per run at highway speeds. Get the Full Story Complete the form to unlock...