News

B2B Payments
CommentSold Adds POS Built on Stripe to Handle Omnichannel Payments
September 22, 2022

Live video commerce solution CommentSold has added a point-of-sale (POS) system built on financial infrastructure platform Stripe to its suite of solutions for retail businesses.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
37% of FIs Still Struggling to Solve SMBs’ Cross-Border Payment Woes
September 22, 2022

Financial institutions (FIs) are struggling to give small- to medium-sized businesses (SMBs) the same level of service they offer to larger companies.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
ShipStation, Coupang Partner to Help Merchants Enter S. Korean Market
September 22, 2022

Cloud-based eCommerce shipping solution ShipStation has partnered with South Korean online retailer Coupang to make it easier for businesses to enter new markets with efficient cross-border fulfillment.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Special Events Platform Carats & Cake Raises $10.6M
September 22, 2022

Carats & Cake, a financial operating system for the events industry, has raised $10.6 million in Series A 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...

Retail
Retailers Sharpen in-House Ads to Bring Fresh Revenue, Better Brand Service
September 22, 2022

In some ways, a new ad platform launched today (Sept. 22) by alcohol eCommerce site Drizly is the retail industry equivalent of a dating service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
Lithuanian Watchdog Launches Probe Into Revolut Data Breach
September 22, 2022

Digital bank Revolut is being investigated by a regulator in Lithuania following a data breach earlier this month that exposed sensitive information on 50,150 customers, including those in the European Economic Area (EEA). Get the Full Story Complete the form to unlock this article and...

Retail
Target to Launch Early Holiday Deals, Hire 100K Workers
September 22, 2022

The holiday shopping season is starting Oct. 6-8 at Target, as one of the largest retail chains in the United States launches a Deals Day event with thousands of select items discounted for that window of time only. Get the Full Story Complete the form...

Retail
Kohl’s Should Replace CEO, Board Chair, Ancora Says
September 22, 2022

After helping oust several Kohl’s board members last year, hedge fund Ancora Holdings is now calling on the retailer’s CEO and board chairman to step down from running the country’s largest department store. Get the Full Story Complete the form to unlock this article and...

Investments
Sam Bankman-Fried’s FTX Asking Backers for Up To $1B at $32B Valuation
September 22, 2022

Sam Bankman-Fried is reportedly in talks with investors to follow up a January funding round with a bigger infusion of capital for his cryptocurrency conglomerate FTX. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...