PYMNTS recently ran a five-part series about digital transformation in the European Union. In order to cover all the regional data available, PYMNTS is bringing you one final roundup on the United Kingdom’s digital engagement. Consider it a bonus. Drawing insights from the “Benchmarking the...
Today is Friday, July 8 and in one of the world’s safest countries, a former prime minister was shot dead while giving a speech. Shinzo Abe, 67, Japan’s longest-serving prime minister, died in the hospital after being shot twice in the chest. A 41-year-old suspect...
Is “fraudster” a title or job description of some kind? Perhaps it should be, because when shopping or sending money online, you’re never totally sure who’s on the other end. It could be someone you know — or it could be a bad actor who...
Shopping cart abandonment — an online retailer’s worst nightmare. According to Jérémy Pinto, co-founder of French retail tech firm JUST, research shows that of the 70% of online carts abandoned in France, half of them are abandoned due to an overly complex purchasing journey, which...
Today in B2B payments, logistics company Flexe raises $119 million to become a unicorn while African small- to medium-sized businesses (SMBs) rely on buy now, pay later (BNPL) services to bridge the working capital gap. Plus, Starling Bank debuts Bills Manager for SMBs. Logistic Company...
Golf Genius and RepSpark have completed a six-month integration of Golf Genius Golf Shop and the RepSpark B2B wholesale commerce platform, the firms announced in a Thursday (July 7) press release. The move will allow golf shop retailers to save time, improve member service, minimize...
As the grocery industry struggles with labor shortages, especially when it comes to meeting delivery demand, leading third-party aggregator Instacart has been rolling out a slew of new features meant to attract and retain its in-store pickers and drivers. The company announced Thursday (July 7)...
The Consumer Financial Protection Bureau (CFPB) on Thursday (July 7) handed down new data privacy and cybersecurity regulations to dictate how companies can use and share credit reports and background reports under the Fair Credit Reporting Act. Credit reporting companies and users of credit reports...
Seattle-based logistics company Flexe has raised $119 million in a Series D funding round that will help the brand continue to solve omnichannel logistics issues and also pushed it into unicorn territory as a private company with a valuation of more than $1 billion, according...