News

B2B Payments
Report: Lyft Uses Same-Day Pay, Free Bank Accounts To Build Driver Loyalty
August 25, 2021

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eCommerce
Payment Orchestration Helps Conversion Rates – And Merchants’ Margins
August 25, 2021

When it comes to payments on a global scale, Keren Levy, chief operating officer at Payoneer, told PYMNTS, there’s an overarching principle: Localization and data are critical. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Delivery
Albertsons Debuts Instacart Service At 40 Southwest Stores
August 24, 2021

Grocery store company Albertsons will be testing Instacart pilots in six major cities, including Dallas, Houston, Austin, Las Vegas, Phoenix and Denver, Supermarket News reported. The company said Tuesday (Aug. 24) it would be rolling out the features in 40 stores in those cities. Get...

Partnerships / Acquisitions
Airbnb To Host 20,000 Afghan Refugees For Free
August 24, 2021

Airbnb Co-Founder and CEO Brian Chesky said on Twitter the popular vacation rental app will be sheltering 20,000 Afghan refugees for no cost following the U.S.’s departure from the country and the Taliban’s takeover. Get the Full Story Complete the form to unlock this article...

Bitcoin
Bitcoin Daily: Chicago Animal Shelter Now Accepts Crypto Donations; DeFi Technologies Joins DeFi Alliance
August 24, 2021

PAWS Chicago, which is devoted to building no-kill animal shelters, has begun taking “dogenations,” or donations in various kinds of cryptocurrency, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
New Report: Half Of SMBs Manage Cash Flow Crunch By Not Paying Rent Or Vendors
August 24, 2021

As small- to medium-sized businesses (SMBs) struggled to manage cash flow during the pandemic, nearly half resorted to not paying suppliers and monthly bills or not paying rent or negotiating lower rent. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Bungalow To Raise $75M In Series C Funding
August 24, 2021

Roommate marketplace Bungalow on Tuesday (Aug. 24) announced that it’s planning to raise $75 million in Series C 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. yesSubscribe...

Investments
B2B Digital Platform Bazaar Nets $30M In Series A Funding
August 24, 2021

B2B eCommerce startup Bazaar has generated $30 million in the largest Series A funding round for a company in Pakistan, according to a Tuesday (Aug. 24) report in MENAbytes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Nordstrom Prepared For ‘Range Of Scenarios’ Amid Continued Uncertainty
August 24, 2021

Executives at high-end fashion retailer Nordstrom said they’re optimistic about the second half of 2021 as consumers continue to shop for new clothing to wear to events and social occasions, though sales remain below levels seen in 2019. Get the Full Story Complete the form...