News

Retail
Today in Restaurant and Grocery Tech: Walmart Sees Grocery Gains; ‘Just Walk Out’ Comes to...
November 16, 2021

Today in restaurant and grocery tech news, Walmart leverages its low prices to gain share in grocery, while Sainsbury’s in London opens the first store outside the U.S. with Amazon’s white-labeled Just Walk Out frictionless checkout. Plus, Drizly and 7-Eleven team up for on-demand alcoholic...

Faster Payments
CIT Debuts Amenities Payment Feature
November 16, 2021

CIT Group Inc.’s Community Association Banking division has launched a new amenities feature in C-PropertyPay, a secure payment system to help residents and association members pay their dues, rent and other shared services fees online or via a mobile app, according to a company announcement...

B2B Payments
59% of CFOs Say Digital Payments Key to Better Balance Sheets
November 16, 2021

U.S. businesses are using digital channels to make and receive more payments than ever, using supplier portals, app-based payments and other online methods to send and receive funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
SumUp Launches Business Accounts for Faster Deposits
November 16, 2021

Global payments service provider SumUp is launching Business Accounts, a new solution for the company’s merchants in the U.K. and Europe that will enable them to send sales payments directly into their account, according to a press release emailed to PYMNTS on Tuesday (Nov. 16)....

International
Australian Banks Debut Quarterly Reliability Reports for Retail Payments 
November 16, 2021

The Reserve Bank of Australia (RBA) recently unveiled its first quarterly reliability report on banking payment services for households and businesses, part of an effort to increase transparency about the retail payment services sector, according to a ZDNet report Monday (Nov. 15).  Get the Full...

Delivery
On-Demand Alcohol Delivery Grows More Competitive, Despite Mutually Beneficial Relationship
November 16, 2021

As competition for on-demand delivery of beer, wine and spirits heats up, Uber Eats is hitting the ground running with Drizly. In its first major announcement since Uber completed the acquisition in October, Drizly said on Tuesday (Nov. 16) that, following a successful 190-store pilot...

International
Stressfreecarrental.com Expanding Into Europe 
November 16, 2021

Online car rental company Stressfreecarrental.com is expanding into Europe after a 534,000 pound ($717,234) funding round led by investment firm DSW Ventures. Also included in the round was angel investor Harry Dixon, former technical director at Rentalcars.com, according to Travel Weekly Tuesday (Nov. 16).  Get...

Investments
B2B Marketplace Ula Closes Series B Round with Additional $23.1M
November 16, 2021

B2B marketplace Ula has closed out its $87 million Series B funding round with an additional $23.1 million, bringing the total funding to $110.1 million, according to reports on Tuesday (Nov. 16). Get the Full Story Complete the form to unlock this article and enjoy...

Partnerships / Acquisitions
Emerge Buys WholesalePet.com in $25M Deal
November 16, 2021

Emerge Commerce Ltd., the owner of various subscription and marketplace eCommerce sites ranging from pet products, meat and groceries to outdoor gear and golf, has purchased WholesalePet.com for $25 million, according to a Tuesday (Nov. 16) press release. Get the Full Story Complete the form to...