News

International
Singapore Exchange may Relax Guidelines for SPAC Listings
September 01, 2021

Singapore Exchange, a major stock market in Asia, is readying a launch of simplified regulations for listings of special purpose acquisition companies (SPACs), according to a Wednesday (Sept. 1) report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Ghost Kitchens Broadens Walmart Collab With US Expansion
September 01, 2021

Canada’s Ghost Kitchens is broadening its collaboration with Walmart with the opening of its first U.S. location in Rochester, New York. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Loyalty & Rewards
As Digital Sales Hit $2B, Chipotle Offers New Rewards
September 01, 2021

Chipotle Mexican Grill is rolling out upgrades to its rewards program, which has helped the fast-casual chain earn more than $2 billion in digital sales this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Digital Banking
Extreme Makeover: Six in 10 Credit Unions Adding Digital Options to Branches
September 01, 2021

Not unlike the “all of the above” answer on a multiple-choice test, when it comes to credit unions (CUs) deciding between investing in new digital tools or spending to keep branches well-staffed, the answer is increasingly both. Get the Full Story Complete the form to...

Investments
Amazon Third-Party Seller Heroes Rakes in $200M for eCommerce Growth
September 01, 2021

U.K.-based eCommerce platform Heroes on Wednesday (Sept. 1) announced it raised $200 million through a funding round led by investment firm Crayhill Capital Management. The money will be used to fuel Heroes’ growth and help it to acquire and build consumer brands around the world,...

B2B Payments
Trellis Energy Launches Agora, a Natural Gas Industry SaaS B2B Marketplace 
September 01, 2021

Energy industry software provider Trellis Energy on Wednesday (Sept. 1) announced the rollout of Trellis Agora, a Software-as-a-Service (SaaS) B2B marketplace for the natural gas market.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
New Study: Consumers Would Rather Tap Their Cards Than Wave Their Wallets
September 01, 2021

As more cardholders use contactless technology, new PYMNTS data show that fewer are using mobile wallets. The reason given by most consumers is convenience. 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...

Retail
Walmart Leverages Digital Ordering Boom with 25-Brand Ghost Kitchens
September 01, 2021

Walmart is delving further into the ghost kitchen space, opening a location with up to 25 restaurant brands in Rochester, N.Y. Ghost Kitchen Brands announced Wednesday (Sept. 1) that it is expanding its partnership with the retailer, which has until this point only featured locations...

Partnerships / Acquisitions
TurboTax Maker Intuit Could Acquire MailChimp for $10B+
September 01, 2021

Intuit, the company that makes QuickBooks and TurboTax, is in talks to purchase MailChimp, the email marketing platform, in a deal that could be worth over $10 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...