News

Loyalty & Rewards
63% of Grocery Store Shoppers Say Loyalty Programs Influence Where They Shop
November 04, 2021

Amidst all the changes that have taken place over the last 18 months during the digital shift, one institution stands out from the rest: the grocery store. While consumers have been willing to forgo shopping at other physical retail outlets, the brick-and-mortar grocery store remains...

International
Today in Payments Around the World: Hong Kong FPS Averages $667.9M in Daily Transaction Volume;...
November 03, 2021

Today in payments around the world, Hong Kong’s Faster Payment System (FPS) averages $667.9M in daily transaction volume, and buy now, pay later (BNPL) firm Klarna launches an all-in-one shopping app. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Robinhood Opens IPOs To Retail Investors With Ties to Companies
November 03, 2021

Popular online brokerage Robinhood said Wednesday (Nov. 3) it would give those companies issuing shares through its IPO Access platform the ability to put stocks aside for select members of the public, according to Reuters. Get the Full Story Complete the form to unlock this...

Partnerships / Acquisitions
Argentinian FinTech Uala Buys ABC Capital for Ongoing Expansion
November 03, 2021

Ualá, an Argentine financial services firm, has reached an agreement to buy ABC Capital, a Mexican bank, which will allow it to boost expansion and growth plans in Mexico, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Netflix to Debut ‘Stranger Things’ Experience, Pop-Up Stores in NYC, LA
November 03, 2021

Fans of the Netflix show “Stranger Things” will be able to visit a Netflix-launched pop-up store as of Saturday (Nov. 6), Variety reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Social Commerce
Alibaba Debuts NFT Art Metaverse for China’s Singles Day
November 03, 2021

Alibaba has rolled out what it’s calling a “metaverse” ahead of China’s Singles Day, according to RADII, a China youth culture publication founded by a former vice president of Alibaba. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Today in Retail: Allbirds Makes Public Debut; Nike Links Loyalty Program With Dick’s Sporting Goods
November 03, 2021

In today’s top retail news, Allbirds CEO Joey Zwillinger says he sees a path to profitability for his newly public company, while Dick’s Sporting Goods and Nike are teaming up to offer customers an expanded selection of Nike apparel and footwear. Also, CVS is continuing...

Bitcoin
Bitcoin Daily: Africa’s Crypto Market Third-Fastest Growing in World; Coinbase Allows Users to Borrow up...
November 03, 2021

Africa’s cryptocurrency market is now the third fastest-growing in the world, Bitcoin Magazine reported Tuesday (Nov. 2). 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...

Retail
Allbirds Sees 91% Gain in Wall Street Debut Almost Doubling IPO Price
November 03, 2021

Update (5 p.m.): 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...