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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...

B2B Payments
Demand for Lending Automation Accelerates as Financial Institutions Digitize
December 07, 2021

“I’ve been doing FinTech for about 20 years now and, you know, everything we’ve been talking about since 20 years ago is kind of all happening now,” Numerated CEO and Co-Founder Dan O’Malley told PYMNTS. Get the Full Story Complete the form to unlock this...

Investments
Europe’s Fast-Growing Tech Sector Spurs Record $121B in Startup Funding
December 07, 2021

Spurred by Europe’s fast-growing tech sector, startups in the region have raised a record $121 billion in funding this year, almost three times the $41 billion brought in last year, according to the State of European Tech 2021 report from venture capital firm Atomico. Get...