News

Retail
Today In Retail: Grover Imports Tech Rental Service to US; Amazon to Offer SMB Loans...
September 21, 2021

In today’s top retail news, consumer electronics rental service Grover is launching in the U.S. after success in several European markets, and ShipBob’s CEO tells PYMNTS that direct-to-consumer (D2C) brands need to make sure their customer experience extends through the fulfillment process. Also, Amazon is...

Payment Methods
New Study Finds 43M Consumers Will Pay up for Mass Payment Options
September 21, 2021

Some 90 million U.S. consumers received mass payments in June 2021 alone, yet less than 60% of them were offered a choice in payment method. It reveals a major opportunity for companies doing mass payouts to add payments preference to the mix, while cutting costs...

Retail
UK Supermarkets Adopt Automated Solutions to Combat Labor Shortage
September 21, 2021

As United Kingdom grocers struggle against a historically challenging labor market, many are accelerating their automation efforts. On Monday (Sept. 20), it was reported that Germany-based discount grocery giant Aldi is trying out its first checkout-less supermarket in London, and on Tuesday (Sept. 20), Asda,...

B2B Payments
Rabbet Partners With AvidXchange on Real Estate Invoice Management
September 21, 2021

Real estate development management software platform Rabbet on Tuesday (Sept. 21) announced that it’s partnering with accounts payable (AP) and payment automation solution AvidXchange on a program to improve invoice management for real estate developers. Get the Full Story Complete the form to unlock this...

Partnerships / Acquisitions
DraftKings Offers $20B for UK Sports Betting Platform Entain
September 21, 2021

Digital sports gaming company DraftKings will make a $20 billion offer made up of mostly DraftKings stock and cash for U.K. online sports betting company Entain, according to a CNBC report on Tuesday (Sept. 21) that cites people familiar with the matter. Get the Full...

Retail
New Study Finds Grocery Shoppers Favoring Physical Stores and Digital Payments
September 21, 2021

What pandemic? It’s a question you might ask when analyzing responses to What Consumers Expect From Their Grocery Shopping Experiences, a PYMNTS and ACI Worldwide collaboration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Partnerships / Acquisitions
project44 Acquires Delivery Management Platform Convey for $255M
September 21, 2021

Supply chain platform project44, which offers technology to help shippers and logistics service providers see where their shipments are, on Tuesday (Sept. 21) announced that it has bought delivery experience management company Convey in a $255 million purchase, according to a press release.  Get the...

International
Wise Intros Flexible Assets Investment Feature to UK Users
September 21, 2021

Global money transfer firm Wise is now offering Assets, a multi-currency investment feature that works across 54 currencies, to individuals and businesses in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payments Innovation
PayPal’s New Super-App Positioned to Deliver Next-Level Connected Experience
September 21, 2021

With news breaking Tuesday (Sept. 21) that PayPal is launching its much-anticipated new super-app, market watchers see this as a defining moment in the progression of both the fragmented app space and the rise of a connected economy encouraging ever more integrated models. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...