News

IPO
Mobileye IPO Paves Way for Wall Street Bets on Autonomous Vehicles
December 07, 2021

The road to connected cars, to autonomous vehicles, is only as smooth as the technology under the hood, so to speak. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cross-border Payments
Nium, Modern Exchange Partner on International Payments 
December 07, 2021

The payments and card issuance company Nium has joined forces with Oman’s Modern Exchange Co. for a partnership that will see Modern Exchange leverage Nium’s payments infrastructure around the globe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

News
Clave, Kandeo to Expand Consumer Lending in Colombia 
December 07, 2021

Two Latin American companies — the consumer lending platform Clave and the private equity firm Kandeo Asset Management — say they are joining forces to expand digital consumer lending in Colombia.   Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Belk Taps Afterpay to Power Buy Now, Pay Later
December 07, 2021

Buy now, pay later (BNPL) platform Afterpay and Belk department stores on Tuesday (Dec. 7) unveiled a flexible payment program for online and in-store shoppers, giving them the option to pay for their gifts in four interest-free installments. Get the Full Story Complete the form...

Retail
AutoZone Reports New Stores, Healthy Sales
December 07, 2021

Auto parts retailer AutoZone on Tuesday (Dec. 7) said it has opened 15 new stores in the U.S., two stores in Mexico and one store in Brazil in the first quarter of fiscal 2022, covering the three-month period ending Nov. 20.  Get the Full Story...

Retail
Retailers Embrace Clienteling to Make the Shopping Experience More Personal
December 07, 2021

Store associates, once primarily responsible for stocking shelves, answering customer questions and helping people check out, are now being tasked with more responsibilities in an effort to make shopping a more personal experience for consumers. Get the Full Story Complete the form to unlock this...

Partnerships / Acquisitions
REEF to Buy 2ndKitchen Food Delivery Service
December 07, 2021

REEF, which operates delivery kitchens, logistics and proximity hubs, has bought virtual kitchen company 2ndKitchen, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Target and Kohl’s Battle for In-Store Beauty Shoppers
December 07, 2021

In August, Target unveiled its initial fleet of Ulta shop-in-shops at locations across the U.S., a move meant to attract beauty shoppers who may be looking to refresh their look as the pandemic wanes. Just weeks later, competitor Kohl’s opened its first shop-in-shops with Sephora,...

B2B Payments
Simplified Spend Management Promises to Drive Faster Growth for Digital Natives
December 07, 2021

Corporate spend management is critical for any organization. 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...