News

Abound Raises $601 Million to Fund Open Banking Business
Investments
Abound Raises $601 Million to Fund Open Banking Business
March 06, 2023

British lender Abound has raised $600 million to tap into increased interest in open banking. 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,...

4 in 10 Grocery Customers Can Still Be Lured By Convenience and Ease
Retail
4 in 10 Grocery Customers Can Still Be Lured By Convenience and Ease
March 06, 2023

Grocers may find increased loyalty catering to the wants of shoppers making choices based on more than just deals.  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...

Rent the Runway Offers Free Items to Woo ‘Cost-Conscious’ Shoppers
Retail
Rent the Runway Offers Free Items to Woo ‘Cost-Conscious’ Shoppers
March 06, 2023

Rent the Runway will begin adding a free item to shipments to attract financially strapped consumers. 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...

Visa Teams With F5 on Secure eCommerce Checkout for Merchants
Retail
Visa Teams With F5 on Secure eCommerce Checkout for Merchants
March 06, 2023

Security firm F5 has partnered with Visa to help merchants reduce friction at checkout. 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...

Wix and Stripe Enable Contactless Payments via iPhone
Payment Methods
Wix and Stripe Enable Contactless Payments via iPhone
March 06, 2023

Wix and Stripe have partnered to enable merchants to accept contactless payments with an iPhone. 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,...

Chewy GM on Pet Care’s Next $43 Billion Market Opportunity
Retail
Chewy GM on Pet Care’s Next $43 Billion Market Opportunity
March 06, 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...

Banks Hike Rates as Deposits See Historic Drop
Banking
Banks Hike Rates as Deposits See Historic Drop
March 06, 2023

Banks are raising their deposit rates to woo back consumers from higher-yield alternatives. 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....

What Zara and H&M Are Getting Wrong About Charging for Returns
Retail
What Zara and H&M Are Getting Wrong About Charging for Returns
March 06, 2023

If declining sales and the continued stress to keep bottom lines healthy were not enough pressure already, retailers are today faced with another key challenge — the rising cost of offering free returns. Get the Full Story Complete the form to unlock this article and...

N2F Raises $25 Million to Expand Expense Management Platform
Investments
N2F Raises $25 Million to Expand Expense Management Platform
March 06, 2023

French expense management platform N2F is preparing to expand after raising $25.5 million. 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....