News

Delivery
Kroger Makes Long-Game Gen-Z Play with University Partnership
October 24, 2022

Kroger is making a long-term bet on the growth of eCommerce and Gen-Z consumers via a new grocery delivery partnership with the University of Kentucky. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
FinTech Winter Chills Funding as Busted IPOs Litter Landscape
October 24, 2022

Once hot FinTechs are now facing continued pressure, particularly on the funding front. 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....

Regulation
FTC Takes Action Against Drizly, CEO Following 2020 Data Breach
October 24, 2022

The Federal Trade Commission (FTC) is taking action against both online alcohol marketplace Drizly and its CEO, James Cory Rellas, pointing to allegations that they were alerted to data security problems but failed to improve the company’s procedures before a data breach took place two...

Investments
Dutch B2B Lending Platform Floryn Secures $64M From NatWest
October 24, 2022

Floryn, a Netherlands-based online lending firm for small- to medium-sized businesses (SMBs), announced on Friday (Oct. 21) that it has raised 65 million euros ($64 million) from U.K. bank NatWest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Plastiq Launches Updated Embedded Finance Solution
October 24, 2022

B2B payments platform Plastiq has launched the next generation of its Plastiq Connect embedded finance product, saying it now offers an embeddable user interface (UI) that requires less development time.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
EU Remains Resilient As VAT U-Turn Threatens UK Luxury Retail Revenue
October 24, 2022

Dek: The decision to scrap a VAT exemption for travelers to the U.K. will be felt most by the country’s luxury retailers, which are largely dependent on Chinese and other international customers now subject to a 20% tax on purchases.  Get the Full Story Complete...

Banking
Citi Unveils Integrated Payments and Billing Platform
October 24, 2022

Citi says it has integrated its Spring eCommerce and B2B digital payments services with Present and Pay, its electronic bill present platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Report: Binance Nears Identification of Those Behind Oct. 6 Hack
October 24, 2022

With help from law enforcement and using its own resources, cryptocurrency exchange Binance is reportedly closing in on identifying the person or people behind an Oct. 6 hack of the company’s BNB Chain blockchain. Get the Full Story Complete the form to unlock this article...

Loyalty & Rewards
Citi Adds Walmart as Latest ‘Shop With Points’ Partner
October 24, 2022

With the growth in popularity of credit card rewards programs, Citi has announced that Walmart has been added as a Shop With Points partner for the investment banking company’s ThankYou Rewards program. Get the Full Story Complete the form to unlock this article and enjoy...