News

B2B Payments
Companies Leverage Buying-Group Platforms to Gain Competitive Edge
January 25, 2022

When companies come together in a group to buy together, they can enjoy better rebates and buy products at a price closer to that paid by their much larger competitors. As a result, there are sectors of the economy in which most of the companies...

International
EMEA Daily: France Will be Top Startup Destination in Europe in Two Years; Square Launches...
January 25, 2022

In today’s top Europe, Middle East and Africa (EMEA) news, FinTech Lydia said it will take two years for France to be a top startup destination in Europe, and Spanish entrepreneurs now have access to Square. Plus, the European Union’s finance watchdog said conflicting rules...

Retail
80% of Shoppers Prefer to Buy Groceries, Pharmaceutical Products in Physical Stores
January 25, 2022

About eight out of 10 shoppers prefer to purchase grocery products and pharmaceutical products in physical stores, according to “Decoding Consumer Affinity,” a PYMNTS and Toshiba collaboration based on a survey of more than 2,000 U.S. consumers.  Get the Full Story Complete the form to unlock this...

International
Boris Johnson, US Discuss Banning Russia from SWIFT
January 25, 2022

British Prime Minister Boris Johnson is considering banning Russia from the SWIFT global payments system, and is in discussions with the U.S. about the matter, Reuters reported Tuesday (Jan. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Today in Retail: Walmart, Others Capitalize on Amazon’s Market Correction; Unilever Overhauls Company Structure, Global...
January 25, 2022

Today in retail, Walmart, CVS and others are taking advantage of Amazon’s market correction. Plus, Unilever is restructuring its global business, and Amazon is bringing its Just Walk Out technology closer to home, with plans to expand it to other suburban locations. Get the Full...

Delivery
This Month’s Provider Ranking of Aggregators Shows One Up-and-Comer Put Back in Its Place
January 25, 2022

Curious which food marketplaces have really delivered this month? PYMNTS is bringing the January edition of PYMNTS’ Provider Ranking of Aggregators right to you. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Delivery
For Restaurants, Aggregators are a Double-Edged Sword
January 25, 2022

Delivery aggregators boomed in popularity during the COVID pandemic and have continued to pick up steam. 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...

B2B Payments
Only 48% of Construction Firms Use Automated Accounts Receivable Processes
January 25, 2022

A growing number of firms have moved to automated accounts receivable (AR) processes, but the adoption rate varies by industry sector. For example, only 48% of construction firms are using automated AR processes, according to “Innovating B2B Payments,” a PYMNTS and i2c collaboration. Get the...

Banking
Central Bank Aims to Connect $1.5B Sitting Idle in Banks to Brazilians
January 25, 2022

The Central Bank of Brazil is introducing a program to connect the R$8 ($1.5 billion) sitting idle in financial institutions to the Brazilians who are entitled to the funds, the Rio Times reported. Get the Full Story Complete the form to unlock this article and...