News

Delivery
Foodpanda Leaving Japan Amid Increased Competition
January 03, 2022

German food delivery group Delivery Hero — which is perhaps best known for its Foodpanda brand in Asia — announced it was pulling out of the region because of increasing competition and a lack of drivers to fulfill customer orders, according to a Financial Times...

Retail
Small Stores, Big Changes: Expect Small Businesses to Go More Digital in 2022
January 03, 2022

Although roughly half of Americans work for small and medium-sized businesses (SMBs) and these little companies — including retailers — collectively carry an outsized economic impact, their lack of resilience points to a need for greater investment in technology and automation. Get the Full Story...

B2B Payments
Automating Mundane Tasks Frees Finance Teams for Value-Added Projects
January 03, 2022

Frank Colich, chief financial officer (CFO) at Rescale, has two mantras that he has followed as he’s built accounting and finance teams over the years. One is that they should automate as many of their tasks as they can and work themselves out of a...

Cross-border Payments
eBay: More Options, Less Red Tape Needed to Streamline Cross-Border Payments and Purchases
January 03, 2022

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 agree to receive marketing communications from PYMNTS and...

IPO
Platforms Were Payments’ Hot 2021 IPO Theme — Will Profits Follow?
January 03, 2022

In the look back through the year that was, it might be too farfetched to say that SPACs and IPOs sizzled in the payments space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
India’s Small Businesses Turn to Digital Ecosystems to Ease Payments, Ordering, Logistics and More
January 03, 2022

As much of the digital commerce world is busy building consumer payments ecosystems, the merchants that accept those payments need digital ecosystems with highly specialized and integrated services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Bain Said to Eye Takeover of Boots UK From Walgreens
January 02, 2022

Walgreens Boots Alliance might be looking to sell its Boots pharmacies in the U.K., with private equity firms likely being the recipients, a Saturday (Jan. 1) Forbes report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Bitcoin
Bitcoin Daily: S. Korean Presidential Candidate to Accept Campaign Contributions in Crypto; Malaysian Man Accused...
January 02, 2022

Malaysian officials have arrested 28-year-old suspect on charges of allegedly running illicit crypto mining, a Sunday (Jan. 2) report from Micky says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Early-Stage Startups Funding Surge Stokes Concerns Over Valuation, Business Worth
January 02, 2022

The amount of funding going into higher-risk, early-stage startups has been notable the past year, according to The Wall Street Journal (WSJ). Investors have been looking at ways to invest in companies — even those that are so new they barely have a product yet....