News

Payment Methods
Zenus Bank Launches Visa Infinite Debit Card in 46 Countries
March 02, 2023

Zenus Bank has launched a Visa Infinite Debit Card for people in 46 countries. 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...

Security & Fraud
Apple Delays ChatGPT Email Over Content Concerns
March 02, 2023

Apple is reportedly battling with an email app creator over its use of AI-powered tools. 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...

Security & Fraud
President Biden Proposes $1.6B to Fight Pandemic-Related Fraud
March 02, 2023

The Biden administration wants congressional approval for a $1.6 billion plan tackling COVID-related fraud. 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...

CFPB
CFPB Says Unneeded Fees Drain Public Benefit Payments
March 02, 2023

America’s financial watchdog says unnecessary fees are cheating retirees out of their benefits. 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
Macy’s Off-Mall Small Format Stores Are Killing It and More Are Coming
March 02, 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...

Retail
Big Lots CEO Says Higher-Earners Turn to Big Lots for Bargains
March 02, 2023

Off-price and discount retailers are responding to an increasingly clear divide between deal chasers compared to other bargain shoppers as the opportunistic value-seeking trend has become more defined. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
American Eagle to Expand Activewear Line After Early Success
March 02, 2023

Activewear was a standout performer during a quarter in which American Eagle Outfitters earned its second-highest revenue. 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,...

Retail
Best Buy Projects Falling Sales as Consumers Skip Electronic Purchases
March 02, 2023

Best Buy expects sales will dwindle this year as cash-strapped consumers shun big-ticket home electronics. 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,...

Cross-border Payments
Modern Treasury Launches ‘Global ACH’ With Silicon Valley Bank Signing On
March 02, 2023

San Francisco-based financial services platform Modern Treasury is introducing a product called “Global ACH” which it bills as “a new payment service” that enables lower-cost cross-border transfers than options like SWIFT by utilizing local payment rails. Get the Full Story Complete the form to unlock...