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Retailers Look to Leverage the ‘Now’ in Buy Now, Pay Later

In retrospect, there are the trends, the seismic shifts in the payments landscape that seem “obvious” and that we might have spotted a mile away. Think, then, of buy now, pay later: arguably the payments standout of the past year. The underpinnings, the tailwinds, were, and are, staring us right in the face. After all, with the economic uncertainty that has been a dominant and constant refrain amid the pandemic, with a growing...

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The 100 Unicorns Born in EMEA in 2021

Startup scenes in Europe, the Middle East and Africa (EMEA) are buzzing with activity, attracting major venture capital investment this year that has led to the creation of close to 100 ‘unicorns’ — private companies with a valuation of at least $1 billion. Often overshadowed by Silicon Valley, Europe is gaining momentum. According to a recent report from venture capital firm Atomico, the region is “solidifying its place as a...

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Five Restaurant Technology Trends to Watch in 2022

Restaurants had a big year in 2021. The early months of the year marked the most advanced stages of the industry’s digital shift, as tech-enabled off-premises channels advanced rapidly while many consumers were still observing social distancing practices. Later, as the vaccine rolled out and consumer mobility increased, restaurants were able to retain many of their new digital customers while finding increasingly omnichannel...

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Data Payments, Unlock Supply Chain Efficiencies

During the supply-chain troubles that started with the pandemic, retailers have learned the importance of visibility. Accurate information about production and delivery times can help retailers improve and maintain their relationships with vendors and customers. “I think they’re just looking for answers,” Sue Welch, CEO at Bamboo Rose, told PYMNTS. She’s seen the value of those answers among the retailers that use the...

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The 5 Key Themes That Defined Business Payments in 2021

While everyone in the business-to-business (B2B) space would like to see transactions become as simple as those they experience in their lives as consumers, companies have their own hurdles to overcome when creating fully digitized, seamless experiences for buyers and sellers. During PYMNTS’ B2B Fireside Chats, a month-long series that focused on efforts to reimagine business payments in the digital economy, experts acknowledged the...

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DeFi Is the New Big Thing in Crypto. But What Is It? Here’s Everything You Need to Know

Decentralized finance is at the core of the crypto revolution. Or so the hype says. In the year in which the world woke up to the reality of cryptocurrency as something other than a combination of techie plaything and tool of criminals, DeFi stood out. With $100 billion invested, it’s far too large for mainstream finance to ignore. DeFi is, in many ways, cryptocurrency at its purist: A financial tool that needs neither banker nor...

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With Subscriber Growth Slowing, Media Groups Spend $115B on Streaming Content

The top eight U.S. media groups will spend at least $115 billion on new content — even as video streaming loses them money, Financial Times (FT) reported Tuesday (Dec. 28). While there are concerns that it might become more difficult to get new customers in 2022 after the massive growth of the last few years of the pandemic, companies also don’t want to miss out on the action. Michael Nathanson, a media analyst, said there’s...

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T-Mobile Data Breach to 'Small' Number of Customers Caused by SIM Swap Attacks

T-Mobile has confirmed that it was aware of SIM swap attacks affecting what it said was a “very small” number of customers, Bleeping Computer reported Wednesday (Dec. 29). The carrier said the impacted customers had been informed already. A SIM swap attack is when social engineering is used to get customers to switch phone numbers, letting attackers take over. As phone numbers are connected to other things like emails and bank...

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Indian Fashion Brand Barcelona Rolls Out B2B App for Retailers

Men’s fashion brand Barcelona, located in over 80 cities across India, released a business-to-business (B2B) app that offers a suite of tools that also includes actionable data, the Business Standard reported on Wednesday (Dec. 29). Barcelona’s B2B mobile app gives merchants the ability to handle inventory management, customer billing and customer data management — all intended to reduce manual processes, increase efficiency and...