News

Delivery
Grubhub, DoorDash, Uber Eats File Suit Against NYC Over Fee Cap Law
September 10, 2021

The three largest food delivery platforms filed a lawsuit against New York City seeking an injunction that would stop the city from enforcing commission caps, the Wall Street Journal and others reported on Friday (Sept. 10). Get the Full Story Complete the form to unlock...

Partnerships / Acquisitions
Mastercard’s Aiia Acquisition: Connectivity Is Critical for Open Banking’s Innovation
September 10, 2021

If data exists as the new oil, as they say, of open banking, then the pipes and the plumbing — and even the safety valves — must be in place to make sure the oil gets to where it needs to go. Get the Full...

POS Innovation
LA’s SoFi Stadium, Square Ink 10-Year Deal for Contactless Payments
September 10, 2021

Square will be the exclusive point-of-sale (POS) payments, software and merchants service provider for the new SoFi Stadium, which is home to the Los Angeles Chargers and Los Angeles Rams, along with Hollywood Park, a 300-acre mixed-use development being built by Rams owner Stanley Kroenke,...

Partnerships / Acquisitions
Mastercard, One Inc Team on Real-Time Insurance Disbursements
September 10, 2021

One Inc., a digital payment services provider for the insurance industry, has rolled out an extension of its Mastercard partnership to offer more disbursement claims through Mastercard virtual cards and Mastercard Send, TheStreet reported on Thursday (Sept. 9). Get the Full Story Complete the form...

Partnerships / Acquisitions
JPMorgan Boosts Dining Investment With Acquisition of Zagat Owner
September 09, 2021

J.P. Morgan Chase will be buying The Infatuation, the owner of restaurant review guide Zagat, the Financial Times (FT) reported. Terms of the deal were not disclosed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Bitcoin
Bitcoin Daily: Ukraine OKs Regulations for Crypto, Legalizes It; Mexico’s Central Bank Chief Says Bitcoin...
September 09, 2021

Ukraine is the latest country to put down new official cryptocurrency-related rulings as it moves toward legitimizing the digital currency, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
eBay, bidadoo Team on B2B eCommerce for Trucks, Equipment
September 09, 2021

Popular eCommerce site eBay has partnered with and invested in bidadoo, a remarketing and auction company for trucks, equipment and capital assets, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Today in Retail: Peloton Slips Into Private-Label Apparel; Shipt Launches Largest Expansion in 3 Years
September 09, 2021

In today’s top retail news, connected fitness giant is launching its own private-label line of apparel, while Shipt is adding close to 1,000 stores and widening its reach to include more than two million households in a coast-to-coast expansion. Also, luxury furnishings retailer RH says...

Retail
3 Friction Points Slowing the Adoption of Self-Checkout for Grocers
September 09, 2021

Across retail categories, consumers are increasingly opting for self-checkout. At the grocery store, rather than waiting in the same long lines multiple times each week, shoppers are taking advantage of the opportunity to take checkout into their own hands — and the trend has accelerated...