News

Investments
Walmart-Owned Payments Firm PhonePe Looks to Raise $1B
December 08, 2022

PhonePe reportedly hopes to raise $1 billion as it tries to become a super app. 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,...

Payment Methods
Mobile Wallets Attract Consumers Looking for New Payment Options
December 08, 2022

Mobile wallet usage for brick-and-mortar purchases rose 9% globally in Q2 2022. This signals increased consumer adoption of the alternate payment method that harkens the wholesale embrace of credit cards in the 1950s. Get the Full Story Complete the form to unlock this article and...

Retail
Walmart Launches Visual Search Website to Compete With Amazon and Honey
December 08, 2022

Walmart has launched a website that uses visual search to do the shopping for 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 newsletter,...

Retail
Toys R Us Parent WHP Takes 7% Stake in Express
December 08, 2022

Fashion retailer Express has turned to WHP Global as it begins a “large-scale transformation.” 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...

Investments
Uplinq Raises $5.6M for Bookkeeping and Analysis Platform for SMBs
December 08, 2022

Bookkeeping solution provider Uplinq has raised $5.6 million in seed funding. 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
GameStop CEO: ‘Brink of Bankruptcy’ Turnaround Near Completion
December 08, 2022

GameStop’s CEO says the ailing retail chain is on the cusp of an unprecedented turnaround. 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
Rent the Runway’s Revenues Rise as Consumers Embrace Borrowed Fashion
December 08, 2022

Rent the Runway achieved record revenue as its bargain-hunting customers sought deals on everyday fashion. 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,...

B2B Payments
Banks and FinTechs Enter New Phase of B2B Payments Partnerships
December 08, 2022

In the new connected economy, FinTechs and banks have new ways to serve clients. 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
Smart Automation and the Cybersecurity Network Effect
December 08, 2022

Corporate fraud may be on the rise, but so is highly aggressive corporate fraud-fighting. 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...