News

Retail
NYC Mayor Eric Adams Says Face Masks Facilitate Shoplifting
March 06, 2023

Retailers looking to reduce shoplifting should require customers to remove face masks when entering the store. 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...

Fintech Investments
Stripe Aims to Buy Employee Shares and Cover $3.5 Billion Tax Bill
March 06, 2023

Stripe’s latest fundraising round is reportedly being driven by a $3.5 billion tax bill. 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...

Fintech Investments
FinTechs’ Shift Toward Profitability Gets Mixed Views From VCs
March 06, 2023

In a race to break even, British FinTech giant Revolut is the latest startup to claim profitability, a milestone that few neobanks have attained despite disrupting the global traditional banking system. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Brazilian Startup Barte Raises $3 Million for B2B Payments Platform
March 06, 2023

Barte has raised 16 million Brazilian real (about $3 million) for its B2B payments platform. 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,...

Payment Methods
Half of Low-Income Consumers Pay With Debit and PayPal
March 06, 2023

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 completing this form, you agree to receive marketing communications from PYMNTS and...

B2B Payments
Supply Chain Weak Links Pose Incoming Payments Fraud Risks for CFOs
March 06, 2023

Hackers and fraudsters constantly probe their would-be victims for weaknesses. 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 completing this...

Artificial Intelligence
Microsoft Offers Businesses an AI-Powered Assistant
March 06, 2023

Microsoft is venturing further into artificial intelligence (AI) with a series of new business tools. 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,...

Retail
Kroger Expands Home Chef as Consumers Cut Restaurant Spending
March 06, 2023

Kroger is growing its prepared food capabilities to meet consumers’ inflation-related demand for cheaper meals. 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
Abound Raises $601 Million to Fund Open Banking Business
March 06, 2023

British lender Abound has raised $600 million to tap into increased interest in open banking. 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,...