News

Fintech Investments
Brazil, Colombia Lead Latin America for FinTech Growth
November 01, 2021

The FinTech trade is flourishing in Colombia, with an expansion of 120% each year and investments of more than $1 billion in the past three years, according to a report from the FinTech Times. Brazil is the fifth-largest FinTech market worldwide, earning more than 70%...

Investments
Banc of California Considers Further Backing of FinTech Finexio
November 01, 2021

After participating in FinTech Finexio’s recent $8 million funding round, Banc of California is mulling the possibility of investing in the startup once again. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Partnerships / Acquisitions
NYDIG Acquires Bitcoin Payments App Bottlepay
November 01, 2021

Bitcoin-focused financial services and technology provider NYDIG on Monday (Nov. 1) announced its acquisition of real-time bitcoin payments app Bottlepay for an undisclosed amount after previously investing in the company during its seed round.  Get the Full Story Complete the form to unlock this article...

Retail
Despite Coca-Cola’s Largest-Yet Brand Acquisition, PepsiCo Outpaces Competitor 3-to-1 in Sports Drink Category
November 01, 2021

Coca-Cola just made a major move to catch up to frontrunner PepsiCo in the competitive sports drink category, but the move is far from enough to eliminate its rival’s wide lead. Coca-Cola announced Monday (Nov. 1) that is acquiring Whitestone, New York-based energy drink company...

Payment Methods
BNPL, Decoupled Debit and the Great Interchange Debate
November 01, 2021

Decoupled debit cards are on the rise again, embraced by neobanks and other digital-first firms, buoyed in recent weeks and months by the continued demand for buy now, pay later (BNPL) options. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Hybrid Home, Gym Experience May be the Future of Connected Fitness
November 01, 2021

As consumers continue to return to many of their pre-pandemic behaviors, physical gyms, one of the hardest-hit parts of the economy, are likely hoping people will hop off the stationary bikes in their living rooms and come back to classes that were a staple of...

Retail
Amazon Sheds Little Light on Store Plans, but is Committed to ‘Omnichannel Experience’
November 01, 2021

Though PYMNTS research suggests this year will be a very digital Christmas, Amazon is still pushing forward, albeit clandestinely, with its plans for more physical retail locations in an effort to create a truly omnichannel experience. Get the Full Story Complete the form to unlock...

Retail
Holiday Spending Predictions Suggest Some Supply Chain Issues Overblown
November 01, 2021

For months, retailers and experts have had one message for consumers: Get your Christmas shopping done early, because supply chain tangles show no sign of letting up. And as the calendar flips from October to November, data show that nearly half of consumers will start...

Retail
Uber, Bed Bath & Beyond Partner to Deliver Baby and Kids’ Clothing
November 01, 2021

Uber is collaborating with Bed Bath & Beyond and buybuy BABY on a baby and kids vertical within the Uber Eats app, the latest example of retailers and service providers moving to meet demand in the “bring-it-to-me economy.” Get the Full Story Complete the form...