News

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...

Payments Innovation
Canadian Businesses See Virtual Cards, Real-Time Payments as Key to Cutting DSO
December 07, 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...

Retail
Digital Consumers Demand UK Grocers Improve Online, In-Store Shopping Experiences
December 07, 2021

The past 20 months have given an unprecedented boost to digital trends, and the grocery business is one of the many industries riding the digital wave. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Walmart, Yahoo Beef up Social Commerce, AR Offerings for Holiday Shoppers
December 06, 2021

Walmart and Yahoo are continuing their holiday shopping-related partnership, leaning into new augmented reality (AR) and digital opportunities, Retail Dive reported Monday (Dec. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Bitcoin
Bitcoin Daily: Zimbabwe Central Bank Eyes CBDC; Visa Fast Track Welcomes Embily Bitcoin Card
December 06, 2021

The central bank in Zimbabwe will be looking into a digital currency as opposed to letting cryptocurrencies become legal tender, Bloomberg said Monday (Dec. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...