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Twitter, Other Tech Companies Caution Europe Over Internet Rules

PYMNTS

Several companies, including Twitter , are urging European Union regulators to “defend the Open Internet.” The legal framework for digital services has been largely unchanged in the region for about 20 years. The companies expressed concern about how harmful and illegal content will be handled in the future.

Company 225
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Regions to ‘Refresh’ Digital Offerings as Avant Comes Online

Bank Innovation

Regions Financial Corp. The bank’s CEO, Grayson Hall, said yesterday during the company’s earnings call that the Avant loan application service will go live next month. The Regions-Avant partnership was announced last April. “[W]e’re in the process even Read More.

Regional 150
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Kroger, Ocado To Build Regional High-Tech Fulfillment Centers

PYMNTS

The Kroger Family of Companies, the nation’s largest supermarket chain, and Ocado Supermarket Co., the British online grocer, have announced a joint plan to build three customer fulfillment centers. The companies said the varying sizes demonstrate the flexibility of Ocado’s fulfillment platform to best serve the respective markets.

Regional 131
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FinTechs Take A Regional Approach To SMB COVID-19 Relief

PYMNTS

The market will be watching closely whether financial institutions (FIs) are able to address some of the biggest headaches from the first round of PPP loans, namely an influx of applications that can overwhelm lenders’ systems. The companies said their initiative is geared toward enabling community FIs a competitive edge.

Fresno 142
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Report: Helping Online Merchants Comply With The Middle East’s New Payments Regs

PYMNTS

One area where the pandemic may significantly impact emerging data protection and open banking rules is the Middle East and North African region (MENA). Saudi Arabia and the United Arab Emirates are attempting to square away increasing consumer use of online channels with their privacy and banking standards.

Online 151
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Grocers Pilot Micro-Fulfillment Centers To Speed Up Online Orders

PYMNTS

The shop owners are looking to see if automation can make deliveries quicker while keeping costs down, as they work with a new roster of companies that seek to increase the efficiency of online order fulfillment in a small amount of space, The Wall Street Journal reported. Online orders still comprise a small portion of the U.S.

Online 141
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dlocal CEO: Helping Global Merchants Tap Emerging-Market Opportunities

PYMNTS

Launching into an emerging market can be a risky move for any global business. While spend in developing markets isn’t typically as high as, say, in the U.S., It’s key to driving adoption of electronic payments, he said, and to helping global merchants succeed in markets they had previously shunned.

Marketing 253