News

eCommerce
Asian eCommerce Firm Lazada Heads to Europe to Compete With Amazon
September 01, 2022

Lazada Group, the eCommerce company owned by Chinese tech giant Alibaba, is preparing to head to Europe to compete with the likes of Amazon and Zalando. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
FinTechs Use Secured Cards to Fill Consumer Credit Gap
September 01, 2022

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Retail
Discounter Five Below to Add 360 New Stores Amid Slowing Sales
September 01, 2022

Discount retailer Five Below said Thursday (Sept.1) that it plans to open a record 200 new stores in 2023 and another 160 this year as it continues its Triple Double growth plan. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
Nigeria Grants Flutterwave Valued Payments Processing License
September 01, 2022

African payments technology firm Flutterwave has been granted a Switching and Processing License by the Central Bank of Nigeria, which is widely considered the most significant payments processing license in the country. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Signet Looks for More Investments Following Blue Nile Purchase
September 01, 2022

Signet Jewelers reported a slight drop in quarterly sales Thursday (Sept. 1) but said it is positioned to keep making investments like its recent purchase of online jeweler Blue Nile. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payment Methods
SumUp Intros Digital Wallet With Loyalty Rewards as It Ventures Into B2C Space
September 01, 2022

Mobile point-of-sale (mPOS) company SumUp is venturing into the business-to-consumer (B2C) space with the launch of its first digital wallet and loyalty rewards program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Faster Payments
US Banks and Businesses Play Real-Time Payments Catch Up
September 01, 2022

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Payment Methods
Card Acceptance Can Improve Cash Flow for Buyers and Sellers
September 01, 2022

We’re in a different business environment than we’ve seen in decades. And according to John Weinrich, head of U.S. sales at Boost Payment Solutions, there’s an opportunity for enterprises, regardless of size and vertical, to consider or reconsider card acceptance. Get the Full Story Complete...

Payment Methods
New Mobile Wallet Features Drive Uptake, Evolution Beyond Payments
September 01, 2022

There hasn’t been any statement by the makers of physical wallets on the digital shift, but mobile wallet proponents see a time fast approaching where those faux leather filing cabinets full of payment and identity cards that we tote around everywhere will no longer be...