News

Investments
Creditas Raises $200M, Buys Brazilian Bank
July 08, 2022

Brazilian lender Creditas is raising $200 million and buying a bank and a mortgage startup in a move to bolster profitability, according to a Friday (July 8) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
Fed Vice Chair Brainard: Crypto Sector Needs Strong, Swift Regulation
July 08, 2022

Federal Reserve Vice Chair Lael Brainard said it’s time to add some regulatory teeth to the cryptocurrency industry before it becomes so pervasive that it poses financial stability risks, Reuters reported Friday (June 8). Get the Full Story Complete the form to unlock this article...

Investments
Cyberinsurance Firm Coalition Raises $250M at $5B Valuation
July 08, 2022

Cyberinsurance company Coalition closed a $250 million Series F funding round last month that has valued the provider at $5 billion, according to a Friday (July 8) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Wearables
Fast Fashion, Circular Fashion Square Off on Sustainability Runway
July 08, 2022

It’s inexpensive and looks good just long enough, but fast fashion is taking flak for its environmental impact, potentially making circular fashion the next big thing in apparel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Kitchen Products Firm Zwilling Teams With Traxpay for SCF
July 08, 2022

German kitchen products maker Zwilling has formed a partnership with supply chain finance platform Traxpay, the two companies announced in a Friday (July 8) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
Weekly TechREG US: Federal Agencies Respond to Biden’s Crypto Executive Order; Bank Regulators Urged Banks...
July 08, 2022

This week, the U.S. Treasury proposed to the White House a plan to strengthen international cooperation on crypto regulation to make sure that the country leads the way in setting international standards aligned with U.S. values. The Department of Commerce also closed a consultation on...

Retail
Levi’s Closing in on 50-50 Split as Direct-to-Consumer Sales Accelerate
July 08, 2022

If the current uptrend continues, by this time next year, every time Levi’s sells a pair of jeans at one of the 3,200 stores or shop-in-shop locations in its massive 110-country global retail network, it will also sell another pair online.  Get the Full Story...

Delivery
Gopuff Expands BurgerFi Partnership to Take on Restaurant Aggregators
July 08, 2022

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...

Retail
Cabinets.com Shoppers Can Remodel Their Kitchens Fully Online With 3D Imaging Tech
July 08, 2022

Cabinets.com customers can pick out their new kitchen cabinets from the comfort of their homes — or anywhere else, for that matter — through a partnership with Dassault Systèmes that creates a cloud-based 3D design portal, according to a press release. Get the Full Story...