Macy’s Embraces Customers’ Return to Brick-and-Mortar Stores
Macy’s Embraces Customers’ Return to Brick-and-Mortar Stores
May 26, 2022  |  Retail

While many retailers are content with having their customers shop online for what they need, Macy’s says it’s happy to see its customers coming back...

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Klarna Shifts Game Plan to Profits Over Growth
Klarna Shifts Game Plan to Profits Over Growth
May 26, 2022  |  BNPL

Buy now pay later (BNPL) pioneer and digital bank Klarna is shifting its focus from growth to short-term profits after net losses in 2021 hit...

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Williams-Sonoma Gets Lift From Housing, Remote Work, High Gas Prices
Williams-Sonoma Gets Lift From Housing, Remote Work, High Gas Prices
May 26, 2022  |  Retail

Despite the challenging economic environment, multi-branded home furnishing retailer Williams-Sonoma credited the combination of strong real estate, high gasoline prices and more people working from...

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Fed’s Vice Chair Brainard Makes a Case for a US CBDC In Congress
Fed’s Vice Chair Brainard Makes a Case for a US CBDC In Congress
May 26, 2022  |  CBDC

Lael Brainard, Vice Chair of the Federal Reserve, will testify before the Committee on Financial Services in the U.S. House of Representatives on Thursday, May...

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Growth Capital Funding Startup Bloom Raises £300M
Growth Capital Funding Startup Bloom Raises £300M
May 26, 2022  |  Investments

Growth capital funding startup Bloom Group S.A. raised 300 million pounds (roughly $376 million) to grow its business across Europe and become a leading provider...

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PYMNTS AM Radar: Grocery Shopping; Money-Out Mobility; Client-to-Client Loans; ICYMI
PYMNTS AM Radar: Grocery Shopping; Money-Out Mobility; Client-to-Client Loans; ICYMI
May 26, 2022  |  Innovation

It’s Thursday, May 26 and it’s National Blueberry Cheesecake Day, so grab a slice and cozy up to this memo Bill Gates wrote 27 years...

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New Visa, Fundbox Flex Debit Card Helps SMBs Manage Spend, Access Working Capital
New Visa, Fundbox Flex Debit Card Helps SMBs Manage Spend, Access Working Capital
May 26, 2022  |  SMBs

At first glance, these are heady days to be a small or midsize business (SMB), striking out on your own or with a few and...

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CFPB Targets Credit Card ‘Suppressed Data’ Practices
CFPB Targets Credit Card ‘Suppressed Data’ Practices
May 26, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) announced on Wednesday, May 25 in a blog post that it has sent letters to the nation’s biggest credit...

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FIs Now See Transparency, Accessibility Key to Money-Out Mobility
FIs Now See Transparency, Accessibility Key to Money-Out Mobility
May 26, 2022  |  Disbursements

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