Today in Europe, the Middle East and Africa (EMEA) news, Ted Baker is to be bought by Authentic Brands Group for $253 million, while Remitly has agreed to acquire Israeli remittance solution Rewire for $80 million. Get the Full Story Complete the form to unlock...
Amid ongoing inflation, many consumers are growing more conservative in their spending, cutting back on luxuries and sticking more to the basics. Walmart, the world’s largest grocery retailer, is seeing the effects of the shift from restaurants to supermarkets as well as from more premium-priced...
In what will likely be a never-ending duel between Amazon and Walmart, as their online platforms expand, it is the seller-focused marketplaces — integrating everything from catalogs to fulfillment — that will help craft a competitive advantage. Get the Full Story Complete the form to...
The continued eCommerce shift has merchants — especially larger ones — pivoting to sell their products directly to consumers (D2C). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Correspondent banking startup TenureX is partnering with technology management and integration firm TM Group in a move to democratize correspondent banking in the Nordics region. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
By most measures, the past three months have been some of the toughest that Walmart has faced in decades, as the bite of inflation has inflicted turmoil and pain on both the lives of its customers as well its own bottom line. Get the Full...
A backlog of home improvement projects among professional customers helped The Home Depot keep its momentum in the second quarter of fiscal 2022 as the nesting trend that started early in the pandemic stayed on course despite inflation threatening a full-blown recession. Get the Full...
BankTech Ventures (BTV), an investment fund serving community financial institutions (FIs) and bank technology entrepreneurs, raised $115 million to support innovation and investment return for community banks and bank tech companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Clothing reseller thredUP saw double-digit percentage increases in the number of orders and buyers on its platform during the second quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
