News

Loyalty & Rewards
As Consumer Spending of Crypto Grows, BitPay Launches Cash Back Rewards
August 10, 2022

A benefit often available to consumers who use traditional forms of payment is also available to those who use cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Regulation
SEC, CFTC Weigh New Hedge Fund Crypto Reporting Rules
August 10, 2022

Federal regulators are set to issue a proposal that would — among other things — require large hedge funds to reveal their cryptocurrency exposure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
Rep. Waters: Hold Equifax, Leadership Accountable for Erroneous Credit Scores
August 10, 2022

Rep. Maxine Waters (D-Calif.) has said credit reporting firm Equifax and its leaders should be held accountable for selling erroneous credit scores to lenders, and should be prevented from selling reports until it proves problems were fixed and controls are in place. Get the Full...

Investments
Expedock Raises $13.5M to Help Freight Forwarders Improve Use of Data
August 10, 2022

Freight software provider Expedock has raised $13.5 million in Series A funding that it will use to expand its team and help supply chain businesses better understand and operationalize their data. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Dana Raises $250M to Expand Digital Wallet Use
August 10, 2022

Indonesian digital wallet company Dana is looking to expand after raising $250 million from local firm Sinar Mas and Alibaba’s Lazada Group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Kohl’s Looks to Outpace Surge in Same Day Delivery With Expanded Self-Pickup
August 10, 2022

It’s never too early for the holiday shopping music to start with a possible recession in the air, so Kohl’s is joining the fray of in-store pickup innovation with a new service of its own as mammoth competitors Amazon and Walmart slug it out over...

Retail
Focus on Outdoor, Athleisure Trends Lifts Wolverine’s Merrell, Saucony Brands
August 10, 2022

In the face of growing economic headwinds, footwear and apparel maker Wolverine Worldwide said its continued focus on meeting strong consumer demand for outdoor and athletic shoes drove record second quarter revenue, driven my double-digit gains in Merrell and Saucony, its top two brands. Get...

Payments Innovation
Visa Direct Takes Preferred Partner Program Live Worldwide
August 10, 2022

The Visa Direct Preferred Partner Program is now available to FinTechs, acquirers, treasury banks and payment processors worldwide as a way to help providers have access to the right tools to develop successful global money movement solutions. Get the Full Story Complete the form to...

Retail
Report: Amazon to Expand Palm-Print Payment Tech to 65 Whole Foods Stores
August 10, 2022

Continuing its efforts to remake the in-store shopping experience, Amazon is reportedly making a big addition to the number of locations using its Amazon One technology that lets customers pay by scanning their palms. Get the Full Story Complete the form to unlock this article...