News

Banking
Pacific Western Bank Bolsters Liquidity and Reports Deposit Stability
March 22, 2023

Pacific Western Bank has bolstered its liquidity after its deposits dipped 20% over three months. 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,...

B2B Payments
Tassat Will Provide FedNow Access Through Client-Facing API
March 22, 2023

Tassat Group will provide access to FedNow through its client-facing application programming interface (API). 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...

Retail
Jumia Expands to West Africa With Retailer Leroy Merlin
March 22, 2023

Pan-African eCommerce firm Jumia has agreed to sell retailer Leroy Merlin’s products in West Africa. 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 completing...

B2B Payments
SAP Fioneer Launches B2B Embedded Finance Platform for Financial Institutions
March 22, 2023

SAP Fioneer has launched a B2B embedded finance platform for use by financial service institutions. 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,...

Artificial Intelligence
Generative AI Shows Its Flaws as Google, OpenAI Competition Intensifies
March 22, 2023

Artificial intelligence (AI) solutions are set to be the greatest thing since sliced bread. 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...

Delivery
Just Eat Cuts 1,700 Drivers in Return to Gig Model
March 22, 2023

As food delivery aggregators feel the macroeconomic pressures, some are responding with major layoffs. 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...

Retail
Nike’s D2C Sales Strategy Pays off, Company Reports Higher Sales Growth
March 22, 2023

Thanks to its robust direct-to-consumer (D2C) sales strategy, better inventory management and a rebound in China, Nike is finding itself in a better position than expected. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

eCommerce
Amazon Pay’s Faster Merchant Payouts Moves 2-Sided Network Into Open Ecosystem
March 22, 2023

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 completing this form, you agree to receive marketing communications from PYMNTS and...

Delivery
Just Eat Rethinks Gig Worker Model and Cuts 1,700 Jobs
March 22, 2023

Delivery giant Just Eat Takeaway is reportedly cutting 1,700 driver jobs in the U.K. 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...