News

International
India’s Mahindra Finance Launches Car Subscription Service 
November 17, 2021

India’s Mahindra Finance has launched a vehicle leasing and subscription service known as “Quiklyz,” aimed at making car purchases quicker and simpler.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

eCommerce
Shoppers’ Data for Sale This Holiday Season
November 17, 2021

The nation’s top retailers — including Amazon, Walmart, Target and Home Depot — are using data on shoppers’ purchases to sell more online ads on their eCommerce sites, as well as in stores to manufacturers, to pump in advertising revenue from top brands, according to...

Partnerships / Acquisitions
Paga Teams With LISNR on No-Contact Payments in Africa
November 17, 2021

Nigerian payments platform Paga Group has joined forces with proximity verification firm LISNR to enable contactless ultrasonic authentication and contactless payments across Africa, according to a Tuesday (Nov. 16) press release issued by LISNR.  Get the Full Story Complete the form to unlock this article...

Retail
The 5 Dominant Holiday Shopping Trends Merchants Need to Know About
November 17, 2021

Ports are backed up, trucks (though not nearly enough of them) are driving day and night to retail distribution centers from those ports, and retailers are in a frenzied search for seasonal hires from the warehouse to the sales floor. Meanwhile, the pandemic malingers, making...

Security & Fraud
US Liquidating $56M in BitConnect Fraud Case
November 17, 2021

The U.S. Justice Department is set to begin liquidating roughly $56 million in fraud proceeds seized during its investigation into the cryptocurrency BitConnect. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Partnerships / Acquisitions
Newtap Technologies Snags Parfait to Broaden FinTech Reach with Lending 
November 17, 2021

Newtap Technologies Pvt. Ltd., the investment vehicle of FinTech firm Cred that was founded by Kunal Shah, has acquired Parfait Finance & Investment as part of a plan to expand its FinTech platform into the lending space, sources told Economic Times of India for a...

Partnerships / Acquisitions
Comviva, Strands Team to Provide Banks a Digital Payment Suite
November 17, 2021

India-based mobile solutions provider Comviva has joined forces with FinTech firm Strands to offer an integrated suite of digital banking, wallet and payment solutions for customers of banks and financial service providers, according to a Wednesday (Nov. 17) press release. Get the Full Story Complete...

Retail
Retail’s Biggest Names Battle Against Consumer Inflation ‘Sticker Shock’
November 17, 2021

To keep consumers buying, tamp down the sticker shock. 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,...

Retail
Google Maps Expands eGrocery Discovery Features
November 17, 2021

Google Maps is becoming a grocery aggregator. On Tuesday (Nov. 16), the company announced in a blog post that after an initial test in Portland, Oregon during the spring, Google has now rolled out pickup features for more than 2,000 grocery stores across 30 states....