pymnts Profile:
Target (NYSE: TGT)
Target Corporation is the eighth-largest department store retailer in the United States, and is a component of the S&P 500 Index.
LSEG Pays $3.5 Billion to Feed Wall Street’s AI
October 23, 2026
Artificial intelligence is reducing the time and cost of financial research, but the data behind that research is becoming more valuable. Two investments announced Thursday (Oct. 22) illustrate the shift. London ...Read moreFTC Brings Antitrust Enforcement to Dallas
October 22, 2026
The Federal Trade Commission is expanding its antitrust enforcement operations to Dallas, establishing a regional presence for competition investigations and litigation as the agency seeks closer cooperation with state authorities. The ...Read moreHackers Employ Grok and Claude to Attack LatAm Banks
October 21, 2026
A hacking group known as CyberCartel reportedly used artificial intelligence (AI) agents from several high profile tech companies to automate cyberattacks on Latin American businesses. That’s according to a report Wednesday ...Read moreMicrosoft Faces Tougher UK Antitrust Oversight as Regulator Targets Software and AI Dominance
October 18, 2026
Microsoft Corp. could face sweeping new competition restrictions in the United Kingdom after British regulators proposed placing its business software operations under enhanced oversight, raising fresh questions about the technology ...Read moreTruist Shifts Investment Toward Deposits and Digital Banking
October 16, 2026
Truist exited its third quarter with higher deposits, continued growth in consumer spending and stable underlying credit quality. An earnings call Friday (Oct. 16) indicated that the new Truist CEO, Mike ...Read moreManhattan DA Expands Antitrust Reach With New Corporate Crime Unit
October 15, 2026
Manhattan District Attorney Alvin Bragg has established a specialized task force to investigate corporate wrongdoing, antitrust violations and complex financial fraud, expanding his office’s efforts to hold businesses and senior ...Read moreStablecoin Firm Qivalis Moves Closer to Issuing Electronic Money Tokens
October 14, 2026
Euro-pegged stablecoin project Qivalis has received permission from the Dutch central bank to operate as an electronic money institution. The authorization from the De Nederlandsche Bank (DNB), announced Wednesday (Oct. 14), ...Read moreKimberly-Clark’s $40 Billion Kenvue Takeover Clears EU Antitrust Review
October 13, 2026
European regulators approve the consumer products merger after Kimberly-Clark agrees to sell feminine care brands to address competition concerns. Kimberly-Clark Corp.’s planned $40 billion acquisition of Kenvue Inc. has received conditional ...Read moreAustralia Sues Major Egg Suppliers Over Alleged Industrywide Collusion
October 13, 2026
Australia’s competition watchdog has launched legal proceedings against 12 egg producers and suppliers, including market leader Sunny Queen, alleging that the companies coordinated production and distribution decisions in ways that ...Read moreWhy Private M&A Deals Die, and What Lawyers Can Do About It
October 13, 2026
By: Rachel Landy (Yeshiva University/CLS Blue Sky Blog) In this entry to the CLS Blue Sky Blog, author Rachel Landy (Yeshiva University) discusses the factors that cause mergers and acquisitions (M&A) ...Read more
Shoppers Would Send AI Agents to Marketplaces Over Brand Sites
October 23, 2026
Artificial intelligence (AI) shopping agents could make it easier for consumers to compare products and complete purchases, but they may not change where shoppers spend their money. Even when an autonomous ...Read moreDavid’s Bridal Plans to Spin Off AI Wedding Planner Pearl in $350 Million SPAC Deal
October 22, 2026
David’s Bridal plans to separate its Pearl division, with Pearl becoming an independent public company offering a digital wedding planning, media and commerce platform, the company said in a Thursday ...Read moreAffirm Inks Exclusive Deal With Sam’s Club
October 22, 2026
Affirm’s new exclusive partnership with Sam’s Club gives the buy now, pay later (BNPL) provider a new foothold in warehouse retail, where shoppers make purchases ranging from household essentials to ...Read moreWalmart and Amazon Expand AI Agents’ Roles in Shopping and Work
October 22, 2026
It was a big week for agentic artificial intelligence at Walmart and Amazon as the two companies outlined plans to capitalize on the technology’s momentum among consumers and enterprises. Walmart announced ...Read moreAI Recommendations Need a Checkout Shoppers Trust
October 22, 2026
Artificial intelligence is making it easier for retailers to get discovered. It is doing considerably less to help them get paid. Data in the October 2026 edition of the Consumer AI ...Read moreAmazon Uses Healthcare and Banking to Woo More Holiday Workers
October 20, 2026
Amazon will begin offering seasonal workers health coverage to attract more workers for the holiday shopping season. The eCommerce giant made that announcement Tuesday (Oct. 20) as it began its annual ...Read moreHasbro Hopes for Happy Holiday Season as Revenue Rises 15%
October 20, 2026
Hasbro saw 15% year-over-year revenue growth in the third quarter, fueled by its Wizards of the Coast and Digital Gaming segment, according to a Tuesday (Oct. 20) earnings press release. “Despite ...Read moreSynchrony: Broad-Based Consumer Spending Drives Q3 Purchase Volume to Record High
October 20, 2026
Consumer financing company Synchrony saw record third-quarter purchase volume, with both discretionary and non-discretionary out-of-partner spend on its consumer co-branded cards growing by double digits, Synchrony President and CEO Brian ...Read more21% of Financially Stressed Grocery Shoppers Use Digital Wallets
October 20, 2026
Grocery shoppers under financial pressure are spending more per purchase, giving retailers an opportunity to help households manage bigger bills with more flexible ways to shop and pay. That’s a central ...Read moreFiserv Aims to Simplify Cross-Border Commerce With Commerce Hub
October 19, 2026
Payments and financial services technology solutions provider Fiserv has launched its Commerce Hub platform. The new offering is designed to let merchants “orchestrate and simplify commerce through a single connection to Fiserv’s commerce ...Read more

HSBC Launches Hong Kong Dollar Stablecoin for Everyday Payments
October 23, 2026
HSBC has launched its first stablecoin, HSBC RedCoin (RCHKD), in Hong Kong, saying in a Friday (Oct. 23) press release that it is built for everyday payments and transactions. HSBC RedCoin is licensed and regulated ...Read moreFIS Says Digital Money Puts Bank Infrastructure to the Test
October 22, 2026
Digital money is pushing banks toward making decisions about infrastructure well beyond whether to issue a token. Among the decisions that need to be made: Which forms of digital money ...Read moreFinsei Picks Thredd to Help Launch New Debit Offering
October 20, 2026
London-based payments firm Finsei has picked issuer processing platform Thredd to power its new Mastercard debit offering. “The partnership reflects a shared focus on simplifying an increasingly complex payments environment,” Thredd said in a Tuesday (Oct. 20) news ...Read moreWhy B2B Checks Still Move $15 Trillion a Year
October 19, 2026
The check was supposed to be dead by now. Instead, it has become a $15 trillion reminder that moving money and settling a business obligation are not always the same ...Read moreIndian Consumers Embrace Cash Ahead of New Instant Payment Fees
October 18, 2026
Indian consumers are reportedly increasing their cash usage ahead of new fees on the country’s popular digital payment system. Beginning next month, the United Payments Interface (UPI) system will apply a ...Read moreMarqeta and Coinbase Take Stablecoin Spending Mainstream
October 16, 2026
Marqeta’s enterprise customers can now offer stablecoin-backed cards powered by Coinbase, the companies said in a Friday (Oct. 16) press release. This offering is enabled by a new collaboration that integrates Marqeta’s card ...Read moreAI Micropayments Point to Crypto’s Role in Agentic Commerce
October 15, 2026
Artificial intelligence (AI) agents’ growing use of cryptocurrency to purchase digital services is pointing toward a practical market for automated payments: transactions so small and frequent that conventional card processing ...Read moreVisa Receives Clearance to Bring Card Business to China
October 13, 2026
Visa has been granted permission from China to bring its card business to that country. The American payments giant announced Tuesday (Oct. 13) that the People’s Bank of China (PBOC) had ...Read moreBillers Overlook What Drives Customers Away
October 6, 2026
The monthly, weekly or even annual bill is among the interactions a service provider is virtually guaranteed to have with a customer again and again. Yet consumers give the experience ...Read moreConsumer AI Agents Put the Subscription Economy on Notice
October 5, 2026
Consumer artificial intelligence (AI) agents are getting the keys to inboxes, browsers and payment accounts. Meta’s Muse, launched Sept. 8, can send emails, fill out forms and pay at checkout ...Read more