News

Payment Methods
DailyPay Launches Prepaid Card, App for Employees Getting On-Demand Pay
September 07, 2022

FinTech company DailyPay launched a general purpose reloadable (GPR) prepaid card and app called Friday that enables employees to receive instant, no-fee, on-demand pay transfers from employers who use the company’s on-demand pay platform called DailyPay.  Get the Full Story Complete the form to unlock...

Investments
Kim Kardashian, Carlyle’s Jay Sammons Launch Private Equity Firm Focused on Luxury, Hospitality
September 07, 2022

Reality star turned entrepreneur Kim Kardashian and a former partner at Carlyle Group are launching a new private equity firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Newell Brands Pinched by Inflation, Curtailed Retail Orders
September 07, 2022

While the efforts of Target, Walmart and countless other store brands to whittle down their bloated inventories have been widely reported and the focus of investor attention for months, this evolving saga has now spread beyond consumers and retailers to impact suppliers and manufacturers too....

Investments
Depop Founder Simon Beckerman’s DELLI Food Marketplace Raises $7.2M
September 07, 2022

Simon Beckerman, founder of peer-to-peer eCommerce platform Depop, popular for buying and selling used clothing, is looking to apply the same model to the food world — no, not secondhand foods, but a marketplace for independent sellers to connect with buyers. Get the Full Story...

Retail
Healthcare Becomes Fertile Ground for Big Retail’s Payments Ambitions
September 07, 2022

Health care is the space that couldn’t reinvent itself — becoming truly modern — until Big Retail came along to help usher the industry more fully into the 21st century. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Peloton Updates Recall Regulatory Hangover 
September 07, 2022

Peloton Interactive has included in a filing with the Securities and Exchange Commission (SEC) up-to-date information on the status of a Consumer Product Safety Commission (CPSC) investigation into its Tread+ connected fitness treadmill, which the company has recalled and stopped selling. Get the Full Story...

Retail
Report: Indian Regulators to Hold Paid Reviewers Liable for Products
September 07, 2022

Aiming to eliminate fake or paid product reviews on social media and eCommerce sites, the Indian government is reportedly preparing to announce regulations that will target people who are paid to endorse merchandise — holding them liable if any issues arise around the products. Get...

Retail
Target Announces CEO to Stay on, Logistics Head to Retire
September 07, 2022

Target has announced that its CEO will stay on for another three years and that it has named a replacement for its retiring logistics head. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Microsoft Backs Uber Founder Kalanick’s Latest Venture CloudKitchens 
September 07, 2022

Uber co-founder and ex-CEO Travis Kalanick once again has the financial backing of tech giant Microsoft, this time, for his new venture CloudKitchens. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...