News

Regulation
Toomey Revives Call for 2022 Stablecoin Regulation
September 15, 2022

One of the Senate’s top Republicans believes that stablecoin regulation can still happen this year. 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,...

Investments
Axle Payments Rebrands to Denim Following $126M Series B
September 15, 2022

Axle Payments, a freight and logistics financial enablement platform, is rebranding itself as Denim following the close of a $126 million Series B round, comprised of $26 million in equity funding and $100 million in debt financing. Get the Full Story Complete the form to...

Regulation
CFPB Says Consumers at Risk From BNPL Over-Extension
September 15, 2022

For buy now, pay later (BNPL), heady growth demands some new guardrails. 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...

eCommerce
Report: Chinese Fast-Fashion Firm Shein Plans to Expand Its US Facility, Add 2 More
September 15, 2022

Chinese fast-fashion eCommerce retailer Shein is reportedly planning to add two distribution centers to the one it already has in the United States to get products to American shoppers three or four days quicker. Get the Full Story Complete the form to unlock this article...

Investments
Shyft Raises $16M, Taps Randal Meske as Next CEO
September 15, 2022

Global moving industry marketplace Shyft has closed a $16 million Series B funding round, with the startup also naming business veteran Randal Meske as its new CEO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Roofr Raises $12M to Advance SaaS Platform for Roofers
September 15, 2022

All-in-one roofing software startup Roofr has raised $12 million in a Series A funding round to build out its Software-as-a-Service (SaaS) platform and provide roofers with an easy way to manage their projects. Get the Full Story Complete the form to unlock this article and...

Retail
Walmart Upgrades Virtual Try-on Experience as Retail Fitting Tech Scales
September 15, 2022

For the second time in a year, Walmart has upgraded its virtual try-on technology via its new “Be Your Own Model” feature that literally puts shoppers in the picture. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Big Lots Partners With DoorDash to Meet Consumer Demand for Delivery
September 15, 2022

On-demand delivery of bargain-priced merchandise will be available to consumers under a new partnership between Big Lots and DoorDash. 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
Report: Kanye West Ends Yeezy Partnership With Gap
September 15, 2022

Kanye West has reportedly ended his partnership with Gap, with his lawyers saying the clothing retailer hasn’t fulfilled some of its obligations under their contract. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...