H&M Stock Continues to Tumble as Sales Growth Slows
H&M Stock Continues to Tumble as Sales Growth Slows
March 31, 2022  |  Retail

H&M stock tumbled 12% Thursday (March 31) after the clothing retailer’s sales slowed down in March as Russia’s invasion of Ukraine had consumers rethinking whether...

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Walgreens’ Q2 Performance Buoyed by Rising Demand for COVID-19 Tests and Boosters
Walgreens’ Q2 Performance Buoyed by Rising Demand for COVID-19 Tests and Boosters
March 31, 2022  |  Retail

As the world waits for the answer on what Walgreens will do with its U.K.-based Boots unit, the company rode a spike in COVID-19 tests...

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Egyptian FinTech App Khanza Lands $38M in Series A
Egyptian FinTech App Khanza Lands $38M in Series A
March 31, 2022  |  Investments

Khazna, a FinTech app aimed at helping Egypt’s unbanked/underbanked residents, has raised $38 million in debt equity in a Series A funding round. Get the...

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GoTo Wins Approval for $1.1B IPO
GoTo Wins Approval for $1.1B IPO
March 31, 2022  |  IPO

The GoTo Group, which calls itself the largest digital ecosystem in Indonesia, has been given the green light to go public, the Jakarta-based company announced...

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UK Litigator Launching Class-Action Lawsuit Over Visa, Mastercard Commercial Card Fees
UK Litigator Launching Class-Action Lawsuit Over Visa, Mastercard Commercial Card Fees
March 31, 2022  |  Legal

A commercial litigator in the U.K. is filing a class-action lawsuit on behalf of a large group of clients contesting multilateral interchange fees (MIFs) charged...

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PYMNTS Intelligence: The Imperative to Improve Digital Banking for Business Clients
PYMNTS Intelligence: The Imperative to Improve Digital Banking for Business Clients
March 31, 2022  |  Digital-First Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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EU Lawmakers to Vote on Tougher Crypto Transaction Requirements 
EU Lawmakers to Vote on Tougher Crypto Transaction Requirements 
March 31, 2022  |  Cryptocurrency

Today, European lawmakers will vote on a proposal for a “regulation on information accompanying transfer of fund and certain crypto assets” (the so called “travel...

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AdTech Platform Lets Merchants Tempt Consumers To Turn Payouts Into Rounded-Up Gift Cards
AdTech Platform Lets Merchants Tempt Consumers To Turn Payouts Into Rounded-Up Gift Cards
March 31, 2022  |  Loyalty & Rewards

Pretty much everyone knows inflation eats away at purchasing power. A dollar today is “worth” several percentage points less in the grocery store aisles, at...

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ECB, Fed, BoE Work on an Interoperable CBDC
ECB, Fed, BoE Work on an Interoperable CBDC
March 31, 2022  |  CBDC

In a speech before the European Parliament on Wednesday (March 30), Fabio Panetta, member of the board of the European Central Bank (ECB), said that...

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