News

Retail
How Higher Grocery Prices Are Changing How Consumers Shop for Food
January 07, 2025

The planned but failed Kroger-Albertsons merger captured headlines in the grocery sector in 2024, and the latter is scheduled to announce its third-quarter results Wednesday (Jan. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Microsoft to Invest $3 Billion in Cloud and AI Infrastructure in India
January 07, 2025

Microsoft said it will invest $3 billion to build cloud and artificial intelligence infrastructure in India over the next two years, aiming to help the country become an “AI-first nation.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
JPMorgan Quits Net-Zero Banking Alliance; 3 US Banks Remain Members
January 07, 2025

J.P. Morgan Chase reportedly became the sixth bank to quit the climate-focused Net-Zero Banking Alliance (NZBA) since the beginning of December. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Serve Secures $86 Million to Continue Developing Sidewalk Delivery Robots
January 06, 2025

Autonomous delivery company Serve Robotics said Monday (Jan. 6) that it secured $86 million in new financing in December. 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...

eCommerce
Rise of Hybrid Marketplaces Bucks Conventional Retail Growth Strategies
January 06, 2025

Digital marketplaces are becoming an important growth channel in retail, as global sales were projected to reach $3.8 trillion last year. To succeed in this environment, brands must adopt the right strategies to leverage these platforms’ unique advantages. One trend is the rise of hybrid...

B2B Payments
Understanding the Supplier’s Role in Driving Virtual Card Acceptance
January 06, 2025

For B2B players, paper checks rank right up there with death and taxes when it comes to life’s certainties. 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...

eCommerce
Carvana Renews Ties With Ally Financial After Hindenburg Report
January 06, 2025

Carvana has revived a deal to sell $4 billion in used-car loan receivables to Ally Financial. 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...

B2B Payments
Knowify Integrates Construction Management Platform With Intuit Enterprise Suite
January 06, 2025

Construction management platform Knowify announced its integration with Intuit’s suite of financial products for growing businesses, Intuit Enterprise Suite. 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...

Banking
Regions Bank Taps Axway to Provide Open Banking Services
January 06, 2025

Regions Bank says it has launched a partnership with data integration firm Axway. 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. By...