News

Retail
Kohl’s Says Middle Class and Discretionary Items Struggle with Inflation
November 17, 2022

 With its focus on discretionary products and middle-income consumers, Kohl’s has been hard hit by the current macroeconomic trends, the retailer said Thursday (Nov. 17) during its quarterly earnings call.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Bath & Body Works Credits ‘Newness’ for Q3 Performance
November 17, 2022

Bath and Body Works said a focus on “innovation and newness” helped the personal care and fragrance retailer end its most recent quarter on a strong note. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
Qatar World Cup Boosts Ride-Hailing, Food Delivery Demand Across MENA
November 17, 2022

Ahead of the World Cup opening ceremony on Sunday (Nov. 20), soccer fans from around the globe have been arriving in Qatar, giving an economic boost to the country’s tourism and hospitality sector. Get the Full Story Complete the form to unlock this article and...

Faster Payments
Speedy Payments Keep Gig Workers Loyal to Online Platforms
November 17, 2022

With inflation near multi-decade highs, a growing number of individuals are clocking in and logging onto platforms to take advantage of the on-demand work environment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Digital Banking
How Technology Is Increasingly Humanizing Digital Banks
November 17, 2022

By some accounts, the omnichannel bank of the future has digital roots that trace back 20 years or more, Michael Haney, head of digital core at Technisys, told PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
FTC Looks to Stop DK Automation Selling Alleged Fake Business Opportunities
November 16, 2022

Saying they made false claims promising consumers a “passive income,” the Federal Trade Commission (FTC) has taken action against DK Automation and its owners Kevin David Hulse and David Shawn Arnett.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
B2B Platform Solv Kenya and Cellulant Offer Payment and Collection Services
November 16, 2022

Pan-African payments provider Cellulant and B2B digital platform Solv Kenya have partnered to enable small to medium-sized businesses (SMBs) to reconcile, receive and view all their payments in one place and while on the go.  Get the Full Story Complete the form to unlock this...

Security & Fraud
FIs Embrace Biometric Payment Cards To Improve Security, Enhance User Experience
November 16, 2022

Last month, biometric payment cards that incorporate fingerprint scanners received a significant boost thanks to the publication of new specifications by EMVCo, the global card standards-setting body owned by Mastercard, Visa, American Express, Discover, JCB and UnionPay.  Get the Full Story Complete the form to unlock this...

Regulation
UK’s Ofcom Calls for Social Media Algorithm Regulation
November 16, 2022

U.K communications regulator Ofcom is calling for better social media regulations amid concerns about the influence U.S.-based Big Tech firms have on news consumption in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...