News

IPO
SPAC Listing Activity Picks Up As September Draws to Close
October 01, 2021

Special purpose acquisition company (SPAC) deals have resurged, just a bit, in recent days, closing out September in a month that saw more traditional initial public offerings (IPOs) dominate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

News
The Week in Payments: BNPL Takes Over the World; Alexa Makes Itself Heard; Luxury eCommerce...
October 01, 2021

Just when you thought buy now, pay later (BNPL) couldn’t make any more headlines, this week saw Mastercard enter the space with a “build your own” installments capability enabled on the back end by, of all things, open banking, through Finicity in the U.S. This...

Faster Payments
AptPay, NRT Unveil smartSEND for Instant Casino, Gaming Payouts
October 01, 2021

Canadian payment process AptPay is working with NRT Technology and Mastercard to allow casinos and online gaming sites to disperse winnings instantly into guests’ or players’ bank accounts, mobile wallets or prepaid cards.  Get the Full Story Complete the form to unlock this article and...

IPO
Indian Hotel Chain Oyo Preps $1.1B IPO
October 01, 2021

Oyo, the Indian hotel chain backed by SoftBank’s Vision Fund, plans to raise $1.16 billion (or 84.3 billion rupees) through an initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Patchwork NIL Rules Leave Many Brands Sitting on Sidelines
October 01, 2021

For decades, college athletes were barred from profiting from their name, image or likeness (NIL) by rules imposed by the NCAA despite many becoming household names and moving onto professional teams. But an interim policy change over the summer opened the door for students to...

Retail
Nuvemshop Acquires SMB eCommerce Platform Mandaê
October 01, 2021

Latin American eCommerce platform Nuvemshop said on Friday (Oct. 1) that it plans to acquire the Brazil-based company Mandaê, a logistics platform for small and medium-sized businesses (SMBs), in order to support its more than 90,000 sellers. Get the Full Story Complete the form to...

Retail
AMZN vs WMT Weekly: New Devices and Healthcare Collaborations Deepen Consumer Connections
October 01, 2021

The Amazon ecosystem got a little larger this week with a host of new products and services, most of which are tied together by a voice that consumers have gotten used to hearing from in the past seven years: Alexa. Get the Full Story Complete...

Retail
Crocs Month-Long Event Focused on Digital Engagement
October 01, 2021

Crocs is celebrating its Classics Collection with new digital and in-store customer engagement opportunities in a month-long celebration dubbed “Croctober” as the company continues to implement its plans for growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
Denmark’s Tasteful Foods CEO: Restaurant Business Is Our Biggest Competitor
October 01, 2021

“Every time a consumer decides to order a butter chicken via an app to be delivered to [his/her] house from a restaurant, the opportunity to sell rice and vegetables to the consumer disappears for the retailer.” Get the Full Story Complete the form to unlock...