Today is Friday, April 29 and as May springs around the bend, so does the season of shopping as pandemic-delayed celebrations collide with concerts, events, more things to see and opportunities to be seen. Here’s what should be on your radar this morning.
One-Click Heat. Checkout startup Bolt cannonballed out of the one-click starting gate to enable seamless purchasing powering wherever people shop and make buying decisions. With an $11 billion valuation and a Series E funding round last December, the startup is now feeling competitors’ heat, however, and hasn’t significantly upped its merchant volume despite cutting fees. READ MORE
Kitchen Chronicles. Restaurants are trying to keep up as people hang on to pandemic mainstays like ordering ahead for delivery or pickup but still demanding a flawless indoor dining experience. The industry impact caused by gas prices, labor shortages, and overly demanding guests is explored in the latest Order to Eat Tracker®, a PYMNTS and Paytronix collaboration. READ MORE
Safeguarding Privacy. Congressional leaders in the U.S. are discussing a stalled bipartisan bill that would grant consumers overall privacy instead of the previous legislative efforts that offered limited protections for high-value data like health and financial data. Laws being discussed would limit how digital companies cull, store and use consumers’ personal data. READ MORE
Banking on Nigeria. In the emerging market of Nigeria, 36% of adults — 38 million people — are unbanked or underbanked, something the government there is striving to change, having set a goal of 95% inclusion by 2024. In an interview with PYMNTS, Interswitch discusses how it’s stepping up to bridge that gap and give more people in the country access to financial services. READ MORE
Aggregating Travel. Travel has bounced back but the industry is struggling to meet the demand of both consumers and businesspeople booking flights and rooms. There is also a disconnect with aggregators that is making an already dicey issue even worse. Spreedly CEO Justin Benson and TruTrip Head of Strategy Susnata Banerjee told PYMNTS’ Karen Webster that payments orchestration platforms are a game-changer. READ MORE
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