News

Retail
Kroger Leverages Personalization to Win Share of Food Spend From Restaurants Amid Rising Prices
December 02, 2021

The rise in food costs, while bad news for consumers, has its advantages for grocers. With price concerns causing many to be more deliberate about how they spend their money, grocers can leverage their low prices relative to restaurants to hold onto their increased share...

eCommerce
PrestaShop Merchants Can Integrate Products on Google 
December 02, 2021

Google on Thursday (Dec. 2) announced that it’s allowing PrestaShop merchants around the world to “more easily integrate their product inventory” on the search engine’s platform through PrestaShop Marketing with Google, a PrestaShop Essentials suite add-on.  Get the Full Story Complete the form to unlock...

Banking
UK’s FCA Scraps 90-Day Reauthentication Open Banking Rule
December 02, 2021

The U.K.’s Financial Conduct Authority (FCA) has scrapped the 90-day reauthorization requirement, a move seen as a boon for the open banking sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Labor Resource Platform Shiftsmart Raises $95M
December 02, 2021

The labor-management resource Shiftsmart has raised $95 in a Series B round, funding the New York-based company will use for its software, which pairs hourly workers with open shifts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Swiggy Grows Instamart Express Grocery With $700M in Capital
December 02, 2021

Food delivery startup Swiggy is backing its express grocery delivery platform Instamart with $700 million of fresh capital, according to a statement on Thursday (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
Britain Eyes Revised Listing Rules for London Stock Exchange
December 02, 2021

In an effort to help London keep pace with New York, Britain’s stock markets overseer said new listing regulations would debut this week, according to a Thursday (Dec. 2) report from Reuters.  Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Goods Sourcing Platform Meru Raises $15M
December 02, 2021

Meru.com, a Mexico City-based platform that connects manufacturers to the supply chain, has raised $15 million in Series A funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Mobile Payments
Tencent’s WeChat Pay Envisions Future Where Payment Options are the Norm
December 02, 2021

China’s crackdown on technology companies that offer payment services had the unintended side effect of opening the lines of communication between competitors like Alibaba and Tencent, CNBC reported on Thursday (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Grab Goes Public as Super-App Competition in SE Asia Heats Up
December 02, 2021

Grab, the Singapore-based ride-hailing giant swiftly growing its footprint as a super app, is making its U.S. debut on the Nasdaq exchange today (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...