News

eCommerce
Amazon Pay: How Brands Can Create Trusted Conversations With Consumers Online
September 09, 2020

There are many ways to mark the massive shift to digital that’s happened in the past six months, from baby boomers who’ve moved online after favoring real-world shopping to merchants who’ve made a hard shift toward digital and omnichannel. But the challenge for retailers now is...

eCommerce
Brands Go Direct To Consumer Online: Now What?
September 09, 2020

Bringing a brand directly to consumers over digital channels was an option to consider in the pre-pandemic world — but the question for brands today in our radically digitized world is not if, but when, according to sticky.io Chief Operating Officer Ro Bhatia. Get the...

Faster Payments
Hitting The Gas On Real-Time Payments Adoption
September 09, 2020

The year 2020 has been an unexpected one, to say the least — not least of all for the payments ecosystem. This year was supposed to be a tipping point for real-time payments adoption in the U.S., yet progress hasn’t been as advanced as many...

Ridesharing
Lyft Sees 7.3 Pct Bump In Ridership In August As Canadian Market Strengthens
September 08, 2020

Lyft said it saw a 7.3 percent jump in ride operations in August from the month prior, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Virtual Kitchen Nets $20M To Assist Restaurants With Delivery
September 08, 2020

Virtual Kitchen, a startup founded by ex-Uber employees, has raised $20 million in fresh capital in a bid to capitalize on the need for food delivery amid the pandemic, according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy...

Partnerships / Acquisitions
Business App Developer Progress Buys Chef For $220M
September 08, 2020

Progress has announced that it will purchase Chef for $220 million, with the transaction to be finalized in October, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Bitcoin
Bitcoin Daily: Slovakian Crypto Exchange Victim To A $1.6M Hack; Crypto Lender Cred Joins Visa’s...
September 08, 2020

European crypto exchange Eterbase has announced a hack, affecting hot wallets for six of its listed cryptocurrencies and allowing hackers to make off with $1.6 billion in assorted cryptocurrencies, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Merchant Innovation
Are Fortnite Concerts The Future Of Live Music?
September 08, 2020

There are many wild stories in the annals of concert history: Ozzy Osbourne biting the head off a bat; Hells Angels handling security (with deadly results) at Altamont; or Jimi Hendrix lighting his guitar on fire on stage. Get the Full Story Complete the form...

B2B Payments
Razorpay Introduces Cash Advance To Provide Instant SMB Loans
September 08, 2020

India-based financial solutions company Razorpay is rolling out a new solution for companies in need of business loans, helping them to instantly access capital, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...