News

Retail
Grocery Stores Get Creative to Hide Item Shortages
November 14, 2021

The ongoing supply chain shortage is leading grocery stores to look for ways to cover up gaps on the shelves, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Bitcoin
Bitcoin Daily: Florida Trial Could Reveal Identity of Bitcoin’s Original Creator; New Bitcoin Update Adds...
November 14, 2021

The family of a deceased man, David Kleiman, who claimed to have helped to create bitcoin, is undergoing a trial to try to get the fortune they say they deserve, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock...

International
EMEA Daily: Babylon Health Reports 371% Q3 Revenue Growth; Big Tech Firms Face Tough Week...
November 14, 2021

In top Europe, Middle East and Africa (EMEA) news, the U.K.’s Babylon Health reports 371% year-over-year revenue growth in the third quarter; Big Tech firms face a tough week following a European Union clamp-down; Spain’s Eldiario newspaper uses a pay-what-you-want model; African FinTechs see small-...

B2B Payments
44% of US Businesses Consider Data Reconciliation as the Most Pressing AR Concern
November 13, 2021

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...

Delivery
Food Delivery: A Joy For Diners, a Headache for Restaurants
November 13, 2021

The portion sizes may ebb and flow, but restaurant margins are as thin and unforgiving today as they were in the BC era (Before COVID). What has changed — and changed a lot — is the meteoric rise of eating-in, and the array of available...

Retail
Today in Retail: Warby Parker Aims to Expand Beyond Glasses; China Sees Sluggish Singles’ Day
November 12, 2021

In today’s top retail news, Warby Parker has laid out plans to expand its offerings and move beyond just the glasses it has become known for, while Coupang said its third-quarter revenue grew faster than the overall Korean eCommerce space. Also, overall growth for merchants...

Security & Fraud
Credit Card Skimmer Leads to Costco Data Breach
November 12, 2021

Retail giant Costco Wholesale Corporation sent letters this month to its customers alerting them that their payment information may have been stolen through a credit card skimmer while they were shopping at one of their stores, according to a BleepingComputer report Friday (Nov. 12). Get...

International
Philippines Central Bank Exploring Regional Payment Network
November 12, 2021

Philippine central bank Bangko Sentral ng Pilipinas (BSP) is looking into creating a cross-border payment network across Singapore, Malaysia and Thailand, according to an ABS-CBN News report on Friday (Nov. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Today in B2B: SMBX Offers Bonds, Not Loans to SMBs; Small Businesses Prioritize Automating AR 
November 12, 2021

Today in B2B payments, FinTech SMBX offers bonds rather than bank loans to small- to medium-sized businesses (SMBs). Plus, Veem announces their Partner Connect program for global AP/AR-as-a-Service, and one-third of small businesses are planning to automate their accounts receivable by 2025.  Get the Full...