It’s been quite the year for third-party delivery companies, with consumers’ mass adoption of off-premises ordering posing an unprecedented opportunity. Yet, as some of these delivery services saw strong growth during lockdown, others struggled to turn a profit in the face of the narrow margins of...
The National Retail Foundation (NRF) said it expects that the vaccine rollouts will continue to help boost retail sales and the economy, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
To assist with Britain’s economic recovery on a local level, Barclays is offering a customized support program to local companies. The package is initially geared toward Barclays’ Rebuilding Thriving Local Economies (RTLE) pilot regions, which include Great Yarmouth, Taunton Deane, Kilmarnock and Bury, according to...
The Depository Trust and Clearing Corporation (DTCC) is calling for stepping up the time it takes for security settlements to clear, the DTCC said in a press release on Wednesday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In today’s top news, Advance America is teaming with Western Union to offer its payment solutions, and Square generated $1.7 billion in revenue from cryptocurrency in Q4. Plus, Affirm is partnering with Vacasa to offer vacation rental installment payments. Get the Full Story Complete the...
You don’t have to read tea leaves or master divination to see that social commerce is heating up as a huge payments trend this year. Social commerce combines embedded and contextual payments with relevant content that’s proven to increase sales within a (mostly) seamless CX....
Conversational commerce for merchants is taking another step forward today (Feb. 24) with the release of AI Annotator by the conversational artificial intelligence (AI) firm LivePerson, Inc. The new tool, according to the company, is designed to make it easier and faster to automate brand-consumer...
Didi Chuxing Technology Co. plans to bring its ride-hailing services to Western Europe, Bloomberg reported, citing “people familiar with the matter.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In today’s top retail news, GoFor Industries has debuted a “Shop Local” effort in some U.S. cities, while certain CVS Pharmacy stores in six additional states will get COVID-19 vaccines to qualified populations. Plus, Lowe’s reported total sales of $20.3 billion for the fourth quarter....
