News

Cross-border Payments
Report: China Evergrande Chair Detained for Unspecified Crimes
September 28, 2023

China’s largest property development company has halted trading after its chairman was reportedly detained. 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...

B2B Payments
Banks Tap Virtual Cards to Help Businesses Streamline Expense Management
September 28, 2023

Businesses have long relied on debit and credit card transactions, but digitization is ushering a new era of more secure electronic payment options, such as virtual cards, in the business-to-business (B2B) payment landscape. Get the Full Story Complete the form to unlock this article and...

Investments
Breezit Raises $2 Million to Bring AI to Wedding Planning
September 28, 2023

Breezit has raised $2 million to help couples use artificial intelligence to plan their nuptials. 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
Wealthy Shoppers Swap Quiet Luxury for Festive Flair This Holiday 
September 28, 2023

According to affluent shoppers, quiet luxury — understated refinement, subtlety, and minimalist elegance — is out. So what exactly does that mean for retailers, especially this holiday season?  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Holiday Hiring Plateaus at Logistics Firms Amid Retail Uncertainty
September 28, 2023

Last week, Amazon announced plans to increase its hiring for the holiday season. 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...

Retail
Amazon Teams With Shift4 to Expand ‘Just Walk Out’ Payments
September 28, 2023

Amazon has teamed with Shift4 to widen the use of its “Just Walk Out” payment technology. 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....

Retail
Walmart Apparel EVP: We Can Make Luxury Fashion Affordable
September 28, 2023

Consumers are increasingly prioritizing convenience when making shopping decisions, leading to the rise of the “one-stop shop” concept. Retailers aspire to offer a comprehensive array of products and services, consolidating everything under a single roof. The real worth of a one-stop retailer, however, goes beyond...

Banking
BIAN Bids to Sidestep Legacy Infrastructure With ‘Coreless Banking’
September 28, 2023

Hans Tesselaar, executive director of BIAN, told PYMNTS that the digital transformation of banking hinges on innovation, on interoperability between financial institution and providers forged across an agile ecosystem. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Global Payments
Flutterwave CEO: African Consumers Need Faster and Secure Payments to Thrive in the Digital Economy
September 28, 2023

Nigeria, Africa’s largest economy, has all the tools for success in today’s connected global economy. But despite its economic prowess, restricted access to foreign currencies remains a major hurdle that is hampering international transactions, curtailing investments, and limiting individuals’ abilities to tap into global opportunities. ...