News

Payment Methods
AMC May Accept Dogecoin for Theater Payments After Twitter Poll
September 22, 2021

AMC might be looking to accept dogecoin as payment for movie theater tickets, a Wednesday (Sept.22) report said. 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...

Retail
Aldi Tests Checkout-Free Store in London
September 22, 2021

U.K. supermarket group Aldi is trying out a checkout-free store in London that lets customers walk out with their goods without ever having to pay a cashier by using a smartphone app to enter, grab whatever they need and have their cards charged as they...

eCommerce
SoftBank Jumps Into Secondhand Market with Vestiaire Collective Investment
September 22, 2021

French online fashion platform Vestiaire Collective’s valuation hit $1.7 billion after a fundraising round that includes $209 million from SoftBank Group Corp.’s private equity arm SoftBank Vision Fund 2, according to a Bloomberg report Wednesday (Sept. 22). Get the Full Story Complete the form to...

IPO
Freshworks Valued At $10B in Nasdaq Trading Debut
September 22, 2021

Enterprise software-as-a-service (SaaS) firm Freshworks filed a $1.03 billion initial public offering (IPO) at a $10.13 billion valuation as trading opened on Wednesday (Sept. 22) on Nasdaq, according to multiple reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Frozen Food Brands Tempt Consumers With D2C Trials To Maintain Pandemic Sales Bump
September 22, 2021

Consumers expect their food faster than ever. Food delivery sales have soared since the start of the pandemic, remaining elevated even as consumers returned to restaurants. Channels that offer speed and convenience — mobile order-ahead, curbside pickup and drive-thru — have also benefitted from the...

Retail
Albertsons Takes Page from Walmart’s Book with Shoppable Video Content
September 22, 2021

Albertsons Companies, the third-largest grocer in the United States, is getting into contextual commerce. In a joint news release with “shopper-tainment” platform Firework, the grocer announced Wednesday (Sept. 22) that it is launching shoppable videos and livestreams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Partnerships / Acquisitions
Entrust Inks Deal To Buy Card Issuance Firm Antelop Solutions
September 22, 2021

Secure payments and data protection company Entrust announced in a Wednesday (Sept. 22) press release the acquisition of Paris-based FinTech company Antelop Solutions. The deal is expected to close within the next few weeks, according to the announcement. Get the Full Story Complete the form...

Investments
TrueLayer Joins ‘Unicorn Club’ as Fresh Funding Chases Open Banking Opps in Europe
September 22, 2021

Global open banking platform TrueLayer joined the unicorn club this week, as its new $1 billion valuation points to both the opportunity and enthusiasm surrounding open banking in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
Ant to Turn Over Consumer Credit Info to Chinese Government
September 22, 2021

Consumer lending service Ant Group Co. will turn over all of its credit data to Chinese government officials for inclusion in a federal credit reporting system, according to a report on Wednesday (Sept. 22) in The Wall Street Journal. Get the Full Story Complete the...