News

Regulation
Transactive Systems’ Growth Reportedly Slows Upon Bank of Lithuania Review
February 23, 2023

Transactive Systems’ growth has reportedly slowed after the Bank of Lithuania imposed limits on it. 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
Mytheresa Sees Widening Gap Among Luxury Shoppers
February 23, 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
Alibaba’s Growth Slows Due to COVID Disruptions
February 23, 2023

Chinese eCommerce giant Alibaba is still suffering the effects of COVID-19. 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
Dollar General Blames Winter Storm for Slowing Q4 Same-Store Sales Growth
February 23, 2023

Dollar General said a December storm kept it from meeting its expected financial results. 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
Etsy Continues Search Investments Following Record Revenue
February 23, 2023

Etsy is continuing to upgrade its search function after seeing record revenue during the holidays. 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,...

Security & Fraud
Report: Mysterious ‘Nevada Group’ Launches Mass Ransomware Attack
February 23, 2023

Hackers dubbed the “Nevada Group” have reportedly launched one of the largest ever ransomware attacks. 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
Rebranded Rent-A-Center Sees BNPL as Complementary to Long-Term Growth at Upbound
February 23, 2023

A tough economy hits hardest for those with lower incomes and poor to no credit, which is where rent-to-own and lease-to-own can be a lifesaver — and in many ways, they are — even as the biggest players in the space keep a hand on...

Retail
Fabletics Says Info-Empowered Shoppers Demand ‘Authentic’ Real-Time Responses
February 23, 2023

At a time when more shopping is being done on mobile devices or with one in-hand, the need for a synchronous experience is a retail must. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Fines, Interest Rate Hike Set 2023 Tone as UK Big Four Cap Year
February 22, 2023

In this report, PYMNTS takes a look at the 2022 full-year performance of the U.K.’s “Big Four” banks — Barclays, HSBC, Lloyds and NatWest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...