News

Retail
Supermarkets Rethink Physical and Digital Aisles for Grocery’s Connected Future
December 03, 2021

Grocery stores may not look very different than they did two or three generations ago, but their role in consumers’ lives is changing dramatically. Where once the physical store encompassed the brand’s relationship with the consumer, it is now only one channel — part of...

Payment Methods
Embedded Payments Improve Back-Office Efficiency, Customer Experience
December 03, 2021

The pandemic has forced companies to modernize back-office procedures, and more and more are adopting software for accounts payable (AP) and accounts receivable (AR) processes — and in some cases, adopting fully outsourced models. Get the Full Story Complete the form to unlock this article...

International
UK Enforces New Listing Rules to Help London Compete With New York, EU
December 03, 2021

Starting Friday (Dec. 3), Britain’s regulatory body, the Financial Conduct Authority (FCA), will enforce a series of new listing rules in a move that is expected to strengthen the financial center’s ability to compete with New York and the European Union following Brexit. Get the...

International
Didi to Pull US Listing in Favor of Hong Kong
December 02, 2021

Didi Global, the China-based ride-hailing group, intends to delist in the U.S. and pursue a listing in Hong Kong, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Bitcoin
Bitcoin Daily: Goldman Sachs Eyes Using Bitcoin as Collateral for Institution Cash Loans; MercadoBitcoin.com Holding...
December 02, 2021

Goldman Sachs is currently undergoing an education on how to use bitcoin as collateral for cash loans, according to a Thursday (Dec. 2) report from Coindesk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

IPO
Grab Loses a Fifth of Share Value on Day One as Public Company
December 02, 2021

Grab has seen its shares lose over a fifth of their value on its first day in trading in New York, per a Wall Street Journal (WSJ) report Thursday (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
EMEA Daily: UK Enforces New Listing Rules for Exchanges; Facebook Faces Lawsuits Over Alleged EU...
December 02, 2021

In today’s top Europe, Middle East and Africa (EMEA) news, the U.K. revises listing rules for exchanges; Facebook could face potential litigation over alleged European Union privacy violations; the U.K.’s Financial Conduct Authority (FCA) scraps a 90-day reauthentication open banking rule; Wirex launches a $1...

Retail
Today in Retail: Dollar General Says No to Raising Prices; Apple Notes Slower iPhone Demand
December 02, 2021

In today’s top retail news, U.S. consumers plan to do half of their remaining holiday shopping online, while Dollar General executives say they don’t plan to raise core product prices in contrast to rival Dollar Tree. Also, Apple is warning suppliers that demand for the...

Investments
Lamaa Gets Investment in Series A From Wa’ed for SMB Digitization
December 02, 2021

Wa’ed, the entrepreneurship arm of Saudi Aramco, has invested in the Riyadh-based FinTech startup Lamaa, the companies announced Thursday (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...