On Wednesday (July 13), the Treasury Committee at the U.K. Parliament sent letters to Visa and Mastercard requesting them to explain their increases in cross-border interchange fees after the U.K. left the European Union. The companies have until July 27 to respond. Get the Full...
Independent workers experience a greater degree of unpredictability than traditional employees due to the nature of gig economy jobs, making predictability in areas such as payment frequency all the more important. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Today in TechREG, the U.K. Parliament sent letters to Visa and Mastercard demanding an explanation for the increase on cross-border fees after the U.K. left the European Union. The inquiry came after the payment regulator in the U.K. signaled that Visa and Mastercard’s increases may...
Amazon is maintaining its retail dominance, capturing 8.8% in gross retail spending compared to Walmart’s 8.2% in the second quarter of 2022, PYMNTS reported in a new study. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Logistics-equipped wholesale B2B grocery marketplace Pod Foods has debuted Pod Foods Capital, a financing tool for emerging brands that need help gaining access to capital, according to a Thursday (July 14) company press release. Get the Full Story Complete the form to unlock this article...
B2B Software-as-a-Service (SaaS) company TurnKey Lender announced Thursday (July 14) it had raised $10 million in new funding and appointed a new board chairman. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
As mega-retailers compete for consumers’ food spending, Amazon is pulling out all stops to minimize Walmart’s grocery lead. During its Prime Day event Tuesday and Wednesday (July 12-13), Amazon touted grocery savings for Prime members, and the retailer had a range of deals and discounts...
As the widespread and indiscriminate impact of inflation puts increasing strain on consumers and businesses alike, retailers and their suppliers have begun to seek savings and innovation in seemingly mundane areas that historically have been relegated or ignored. Get the Full Story Complete the form...
Uniqlo parent company Fast Retailing is joining others in the fast fashion world by raising prices on fleece items at a time when shoppers are looking for every possible bargain they can find — but seem not to mind paying full price or a higher...
