News

Faster Payments
As Real Time Nears Prime Time, B2B and X-Border Commerce Face Extreme Makeover
August 17, 2021

Real-time payments may be most visibly changing the face of how employees — including gig workers — get paid. 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...

Merchant Innovation
How D2C Mail-In Doggie DNA Kits Turn Data Into Research That Helps Dogs Live Longer
August 17, 2021

Fresh off a $75 million fund raise and a record-setting year of pandemic era growth fueled by a spike in pet ownership, Boston-based Embark Veterinary is looking to turn that money and momentum into its next big project; extending the lives of dogs by 3...

International
Floods, COVID Resurgence Slow Chinese Economy, eCommerce Creeps Up 4.4 Pct In July
August 16, 2021

With a new surge of COVID-19, China has seen its economy slowing, CNBC reported. 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 our daily newsletter, PYMNTS...

B2B Payments
B2B Payments Today: Vizient Talks Hospitals’ Procurement Priorities; Biller Eyes BNPL’s B2B Rise
August 16, 2021

Today in B2B payments, Vizient discusses hospitals’ procure-to-pay priorities and Biller discusses Buy Now Pay Later’s rise in B2B eCommerce. Plus, India’s IIFL Finance collaborates with FinBox, Plendify launches a B2B eCommerce app and Xeeva upgrades its procurement platform. Get the Full Story Complete the...

Partnerships / Acquisitions
Minnwest Bank, Roundbank To Merge By Year’s End
August 16, 2021

Minnwest Bank and Roundbank recently announced that the financial institutions (FIs) have signed an agreement to merge. The transaction is expected to complete by year’s end, pending regulatory approval. Financial details of the deal were not disclosed.  Get the Full Story Complete the form to...

Delivery
Deliveroo Stock Price Returns to IPO Levels After Long Climb Back
August 16, 2021

Food delivery company Deliveroo finally returned to its IPO price (390 pence, or about $5.40), almost five months after the company struggled out of the gates in public trading in March, completing a surge of more than 70 percent since it bottomed out in April....

Security & Fraud
SEC Fines Pearson $1M For Misleading Investors About Data Breach
August 16, 2021

Pearson, which is a London-based company working on educational publishing, has agreed to pay $1 million on charges that it misled investors about a 2018 cyber intrusion involving the thefts of millions of student records, according to a press release from the Securities and Exchange...

Retail
Albertsons Takes On Walmart, Amazon With New eGrocery Subscription
August 16, 2021

Albertsons is getting a digital makeover. The grocery giant announced on Monday (Aug. 16) that it is overhauling its digital offerings with a new app, a new loyalty program and a new eGrocery subscription service. Get the Full Story Complete the form to unlock this...

Retail
Today In Food Tech: Food Stamps Fuel eGrocery; Albertsons Sweetens Digital Offerings
August 16, 2021

Today in restaurant and grocery tech news, Biden’s food stamp refresh spells good news for major online grocers, while Albertsons wages war against these category leaders. Plus, Lunchbox CEO Nabeel Alamgir talks making third-party marketplaces work in restaurants’ favor. Get the Full Story Complete the...