News

Cash Use Down 23% in Mexico, Cards Fill the Gap
Merchant Innovation
Cash Use Down 23% in Mexico, Cards Fill the Gap
June 20, 2023

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Apparel Producers Prep for Shrinking Sales as Consumers Cut Back
Retail
Apparel Producers Prep for Shrinking Sales as Consumers Cut Back
June 19, 2023

Clothing brands are reportedly cutting back on orders in anticipation of weakening sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

SVB Customers in Asia Still Stuck With Outstanding Loans
Banking
SVB Customers in Asia Still Stuck With Outstanding Loans
June 19, 2023

Silicon Valley Bank customers in Asia are reportedly facing dual headaches following the lender’s collapse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Buy Now Expanding B2B Platform for Japanese Fashion Industry Worldwide
B2B Payments
Buy Now Expanding B2B Platform for Japanese Fashion Industry Worldwide
June 18, 2023

Buy Now is expanding its B2B platform for the Japanese fashion industry worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Afreximbank Expects Up to 20 Countries to Use Pan-African Payment System by Year’s End
Cross-border Payments
Afreximbank Expects Up to 20 Countries to Use Pan-African Payment System by Year’s End
June 18, 2023

As many as 20 countries may be part of a pan-African payment system by the end of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Original SVB Securities Team Plans to Buy It Back, Excludes MoffettNathanson
Banking
Original SVB Securities Team Plans to Buy It Back, Excludes MoffettNathanson
June 18, 2023

A management team bidder group plans to acquire SVB Securities from SVB Financial Group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Petco and Snoop Dogg Play on Rapper’s Pooch Persona in New Campaign
Retail
Petco and Snoop Dogg Play on Rapper’s Pooch Persona in New Campaign
June 17, 2023

Snoop Dogg and Petco have teamed up for a new pet health ad campaign that features the rapper portraying a humanized version of a Doberman pinscher. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

OCC Head: AI Offers Banks Benefits and Risks as It Is ‘Built to Learn’
Artificial Intelligence
OCC Head: AI Offers Banks Benefits and Risks as It Is ‘Built to Learn’
June 16, 2023

For Michael J. Hsu, the acting U.S. Comptroller of the Currency, the potential benefits of using widespread artificial intelligence (AI) in banking “are significant.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

How Banks and Merchants Make Payments Easy While Keeping Them Safe
Security & Fraud
How Banks and Merchants Make Payments Easy While Keeping Them Safe
June 16, 2023

Today’s new digital operating environment is ripe with opportunities for payment innovations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...