News

Retail
Hyatt Grows Luxury Travel Brand With Apple Leisure Group Deal
August 16, 2021

Hyatt Hotels Corp. said Monday (Aug. 16) it plans to acquire luxury resort-management services, travel and hospitality company Apple Leisure Group (ALG) from affiliates of KKR and KSL Capital Partners LLC for $2.7 billion in cash. Get the Full Story Complete the form to unlock...

eCommerce
Shopping App Provider Ranking Entangled In Mobile Merchandising Mystery
August 16, 2021

We don’t normally “go there” in this space, but it’s just too tempting. 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 Today....

Partnerships / Acquisitions
Paysafe Plans To Buy eCommerce Payment Platform SafetyPay
August 16, 2021

Specialized payments platform Paysafe on Monday (Aug. 16) signed a definitive agreement to acquire Latin American digital payment platform SafetyPay for $441 million in cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Walgreens To Incentivize Healthy Living Choices With New Credit Card Rewards Program
August 16, 2021

After over 18 months of living through the COVID-19 pandemic, consumers are more aware than ever that “healthcare” goes beyond just an annual doctor’s appointment — as total wellness is an important element of the health of consumers both physically and financially. Get the Full...

B2B Payments
Hospitals Redefine Their Procure-to-Pay Goals
August 16, 2021

No industry was hit harder by supply chain disruptions from the COVID-19 pandemic than the healthcare space. The consequences of volatility were dire, often life-threatening, and have forced healthcare providers to reconsider their procure-to-pay strategies. Get the Full Story Complete the form to unlock this...

B2B Payments
What’s Really Behind BNPL’s Traction In B2B eCommerce
August 16, 2021

Buy now, pay later (BNPL) is making a splash in B2B payments and commerce, an unsurprising trend considering the B2B ecosystem’s habit of mimicking B2C innovations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
UK, South Africa, China Serve As Key Stages For The Late B2B Payments Fight
August 16, 2021

As has been the case for years, the U.K. serves as the main stage for the fight against late B2B payments in this week’s B2B Data Digest. More stringent efforts of the nation’s Prompt Payment Code have caused a shakeup, while in South Africa, a...

Security & Fraud
Hackers Reportedly Selling Data On 100M T-Mobile Users
August 16, 2021

T-Mobile is investigating claims that sensitive information from 100 million users is being sold on the dark web, Motherboard reported, citing contact with the seller and having seen data samples.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payment Methods
JPMorgan’s Request For Pay Pilot Sets Stage For Faster Corporate and Consumer Payments
August 16, 2021

To get to real-time payments ubiquity across any number of use cases, as Cyrus Bhathawalla, J.P. Morgan Chase managing director and global head of Real-Time Payments, told Karen Webster: Don’t just run the “old” payments train car on “new” tracks. Think differently and run the...