The portion sizes may ebb and flow, but restaurant margins are as thin and unforgiving today as they were in the BC era (Before COVID). What has changed — and changed a lot — is the meteoric rise of eating-in, and the array of available...
In today’s top retail news, Warby Parker has laid out plans to expand its offerings and move beyond just the glasses it has become known for, while Coupang said its third-quarter revenue grew faster than the overall Korean eCommerce space. Also, overall growth for merchants...
Retail giant Costco Wholesale Corporation sent letters this month to its customers alerting them that their payment information may have been stolen through a credit card skimmer while they were shopping at one of their stores, according to a BleepingComputer report Friday (Nov. 12). Get...
Philippine central bank Bangko Sentral ng Pilipinas (BSP) is looking into creating a cross-border payment network across Singapore, Malaysia and Thailand, according to an ABS-CBN News report on Friday (Nov. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Today in B2B payments, FinTech SMBX offers bonds rather than bank loans to small- to medium-sized businesses (SMBs). Plus, Veem announces their Partner Connect program for global AP/AR-as-a-Service, and one-third of small businesses are planning to automate their accounts receivable by 2025. Get the Full...
The automotive transport company Ship.Cars has formed a partnership with the logistics brokerage Montway Auto Transport. 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...
IPOs and SPAC announcements in the banking sector this year to date have totaled 61, followed by firms that are engaged in transforming the way companies’ workflows operate (the “work”) segment, at 48. The activity was decidedly international in scope. Payments firms follow, with 36...
Crypto made news this week on a couple of fronts. For one, Coinbase reported earnings that were a bit of a disappointment from the Street’s perspective, with both trading volumes and active users down. Notably, Coinbase advocated for a single digital asset regulator, mentioning that...
Booking Holdings Inc. on Friday (Nov. 12) agreed to acquire B2B hotel room distributor Getaroom from Court Square Capital Partners for about $1.2 billion and will roll it into the Priceline brand, subject to customary closing conditions including regulatory approval, according to an Associated Press...
