Новости за 12.10.2021

Swiggy, India’s largest food delivery platform, is considering a move into the country’s social commerce space, Entrackr reported. As part of the move, Swiggy is going to launch the social commerce business Swiggy Bazaar to sell grocery items, fast-moving consumer goods (FMCG) and fresh farm produce. The company is also likely to bring a “group-buying […]

With the focus on the on-demand aspect of the digital ordering boom, foods that need to be ordered in advance have largely been left by the wayside. Restaurant aggregators have been delivering orders within the hour since their inception, and in the last couple of years, grocery delivery services have been turning their focus to […]

Stop & Shop, a grocery store chain that operates 400 stores throughout the Northeast, has joined forces with Instacart to debut Stop & Shop Express. The service promises delivery of grocery, household items and convenience items in as little as 30 minutes, according to a Tuesday (Oct. 12) press release. Shoppers will be able to […]

Stop & Shop, a grocery store chain that operates 400 stores throughout the Northeast, has joined forces with Instacart to debut Stop & Shop Express. The service promises delivery of grocery, household items and convenience items in as little as 30 minutes, according to a Tuesday (Oct. 12) press release. Shoppers will be able to […]

Customer relationship management platform HubSpot on Tuesday (Oct. 12) launched the open beta version of end-to-end payments solution HubSpot Payments.  More than three-quarters (77%) of B2B buyers consider their most recent purchase to be complex or difficult, according to research firm Gartner, which means longer purchase processes and more friction for customers as well as […]

China’s antitrust watchdog is adding new staff and departments amid the latest development in the country’s ongoing battle against monopolies. As Bloomberg News reported on Tuesday (Oct. 12), the State Administration for Market Regulation (SAMR) will hire more members for its anti-monopoly bureau, and will split that agency into three arms focused on antitrust investigations, […]

Buy now, pay later (BNPL) firm Splitit announced Tuesday (Oct. 12) it can offer its services to members of the Discover card network. With this arrangement, merchants can give customers the ability to use their Discover, Diners Club card, or any other card on the Discover network at checkout in conjunction with Splitit to spread […]

DoorDash is launching a suite of new advertising tools that includes sponsored listings, which aim to help restaurants of all sizes get their message in front of more customers, the company said in a press release on Tuesday (Oct. 12). Sponsored listings are the latest offering in DoorDash's advertising offerings. The self-serve marketing tool was […]

ID verification provider ComplyCube on Tuesday (Oct. 12) debuted a multi-bureau verification service that features comprehensive credit agency data, government sources and propriety databases and uses artificial intelligence (AI)-powered screening to improve match rates, reduces false positives and accelerates customer onboarding. The multi-bureau service verifies customer names, addresses, dates of birth, Tax Identification Numbers and […]

Today in healthcare, artificial intelligence is taking a bite of the $300 billion in fraud, waste and abuse in healthcare. Plus, the No Surprise Act is bringing transparency and innovation to healthcare payments, and African startups could thrive with telehealth. 'No Surprise Act' Could Bring Unexpected Transparency, Innovation to Healthcare Payments The No Surprise Act […]

Seems like yesterday we were looking toward second-quarter earnings reports. And yet here we are, just several hours away from what will be the opening salvos of the third-quarter 2021 earnings season, which, per usual, kicks off with the big banks weighing in on the state of the consumer, enterprise clients — and the state […]

Buy now, pay later (BNPL) company Opy USA, Inc., through its platform, Openpay Pty Ltd, along with contactless payments firm Everyware, launched a Pay by Text BNPL solution, according to a Tuesday (Oct. 12) press release.   As part of the collaborative effort, Opy will incorporate its BNPL product offering within the Everyware platform to deliver text message payment options […]

India-based API infrastructure company M2P FinTech has generated $35 million in Series C investments, pushing its valuation to $335 million, according to a Tuesday (Oct. 12) report from The Hindu. Tiger Global Management led the funding round, which received participation from current investors, BEENEXT, Flourish Ventures, Omidyar Network India, 8i Ventures, Better Capital and the […]

BNY Mellon is moving its wire payments infrastructure to Microsoft Azure and is also developing a treasury cash management relationship with Microsoft Treasury built on the Azure cloud payment system, according to a press release on Tuesday (Oct. 12). This latest collaboration builds on the bank’s existing relationship with Microsoft, both as a client and […]

MoonPay, which makes tools allowing web and mobile developers to accept cryptocurrency payments, could reach $3.4 billion after its first round of venture capital funding wraps up, according to a Cointelegraph report on Tuesday (Oct. 12). Tiger Global Management and Coatue Management are leading the fundraising round for the FinTech startup by investing $400 million. […]

London-based Elliptic, which works in blockchain analytics and cryptocurrency compliance solutions, has generated $60 million in Series C funding, according to a Tuesday (Oct. 12) report from UK Tech News. Led by Evolution Equity Partners, as well as a new contribution from SoftBank Vision Fund 2, the round also features funds from current investors AlbionVC, […]

Multinational companies that actively trade with business partners abroad are increasingly taking the initiative to improve outdated legacy cross-border operations, with nearly half reporting that they were in the process of upgrading their capabilities. In fact, 43% of U.S.-based international enterprises said they are planning to enable supplier payments to digital wallets, according to the Payment Orchestration For Global Commerce Playbook, a study done by PYMNTS in […]

The past year has seen an acceleration of shoppable videos and livestreams as retailers rush to meet home-based consumers — and as brands continue to explore the technology, it’s likely that the trend is here to stay. TikTok parent company ByteDance is reportedly testing an international eCommerce platform independent of its social media apps, with […]

Simple mistakes such as an incorrect billing address or pricing selection can slow down payments from B2B customers and cause devastating cash flow issues. When businesses’ accounts receivable (AR) procedures and other accounting processes are opaque, it is difficult for AR departments to pinpoint those errors. When procedures are transparent, on the other hand, problems […]

The pandemic not only forced the closure of restaurants in March 2020 but also effectively shut down the use of cash. Eight percent of U.S. businesses went cashless at the pandemic’s onset amid initial concerns about its potential to spread the virus, and that number soared to 31% by the end of April. The cash […]

Virtual events firm Hubilo has raised $125 million in a Series B funding round led by Alkeon Capital, Lightspeed Venture Partners and Balderton Capital, according to a press release emailed to PYMNTS. The fresh infusion of capital will be used to build out Hubilo’s platform with capabilities for expanded events with deeper engagement. With this […]

The buzz around using cryptocurrencies for transactions has grown in recent months as businesses and consumers examine their potential after more than a year of experimenting with new, digitally optimized payment tools. Several challenges still in play could keep cryptocurrencies in the realm of payment theory rather than practice for a few more years, however, […]

Supply chains remain plagued by shortages of labor, commodities and transportation. In response, suppliers and retailers are trying new ways to move goods on cargo liners, trains and competitors’ trucks. In order for retailers to sell products, consumers must have products to buy. In the absence of products to buy, there are shortages and higher […]

Online automobile eCommerce startup Vroom is moving to acquire automotive finance firm United Auto Credit Corporation (UACC) for $300 million in an all-cash transaction, according to a press release emailed to PYMNTS on Tuesday (Oct. 12). The acquisition will help Vroom drive its strategy to integrate captive financing operations to strengthen and expand sales, boost […]

Spreedly, which is a payment orchestration platform, has said it will offer seamless onboarding to Stripe as part of its partnership with that company. The Stripe Connect platform will allow adoption of better fraud fighting features, along with other value-added services. Joint customers will be able to access access the opportunity as part of the […]