News

Loyalty & Rewards
Restaurants Step Up Rewards as Consumers Pull Back
November 28, 2022

As restaurants try to prevent inflation-concerned consumers from trading down, many brands are becoming more aggressive in their rewards and deal offers in an effort to keep diners coming back. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
Singapore’s Temasek Explains Its Due Diligence Following FTX Losses
November 28, 2022

After Singapore’s state-owned investor Temasek wrote off its $275 million stake in now-bankrupt cryptocurrency exchange FTX, some of the country’s legislators are reportedly questioning the organization’s due diligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
China’s Zero-COVID Policies Test Global Brands’ Resilience
November 28, 2022

Three years in, China continues to weather fallout from the pandemic. And that fallout, as lockdowns and civil unrest wrack an already volatile economy, may have negative knock-on effects for global marquee brands — Apple, Nike and Starbucks among them. Get the Full Story Complete...

Retail
NYC’s Luxury Retail Scene Gets ‘Jolt’ With New Sabyasachi Boutique
November 28, 2022

While most retailers are cutting prices and focusing more on essentials, a new Sabyasachi boutique in New York City is attracting buzz for its curated, high-priced luxury goods that one industry-watcher characterized as “maximalist.” Get the Full Story Complete the form to unlock this article...

Retail
Shoppers Go Deep on BNPL and eCommerce as Holiday Shopping Ramps Up
November 28, 2022

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
Report: Lithuanian Apparel Resale Site Vinted Aims for US After Dominating Europe
November 28, 2022

The fastest growing apparel reseller in Europe is looking to bring its game to the U.S. market. 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...

Security & Fraud
PSCU Adds New Level to Fraud Services Tool
November 28, 2022

Payments credit union service organization (CUSO) PSCU is now offering its enhanced fraud services in two varieties — consulting and monitoring — to enable credit unions to pick the service level that meets their needs.  Get the Full Story Complete the form to unlock this...

Banking
US Banks Devising Plan to Reimburse Zelle Scam Victims
November 28, 2022

Seven of America’s largest banks are reportedly working on a plan to reimburse victims of scams on their payment network Zelle amid calls for greater oversight in the peer-to-peer payment sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Faster Payments
Instant Payments Help New Payments Ecosystems Blossom
November 28, 2022

Faster payments take center stage this coming year, as FedNow, the U.S.-based instant payments network, gets up and running. 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...