News

Retail
Walmart Matches Target’s Back-to-School Blitz but Passes on Amazon’s Prime Day
July 07, 2022

Just one day after Target launched an early and expanded back-to-school promotion and Walmart has matched its rival’s offer with a student-linked sales campaign of its own. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
Peer-to-Peer Payments Tech Levels Playing Field for Private-Party Car Sales
July 07, 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...

Europe
New EU Council President Prioritizes AI, Chips, Digital Identity Legislation 
July 07, 2022

On July 1, the Czech Republic took over the presidency of the Council of the European Union from France — and for the next six months, it will set the priorities for the EU’s political agenda. On Wednesday, July 6, Czech Prime Minister Petr Fiala...

Mobile Payments
The African Mobile Money Tax Experiment
July 07, 2022

After years of sustained growth, the mobile money sector in Africa is changing. 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....

Retail
Mastercard SpendingPulse: US Retail Sales Up 9.5% YoY in June
July 07, 2022

As prices continue to spike for essential items and shoppers continue to treat themselves with more leisure-based spending than they did during the height of the COVID-19 pandemic, U.S. consumer retail spending was up 9.5% year over year in June, according to the latest Mastercard...

Investments
Health Insurance Disruptor YuLife Raises $119M to Expand InsurTech
July 07, 2022

London-based InsurTech startup YuLife has secured more than 117 million euros (about $119 million) in a Series C funding round to expand its global operations and scale its product range, EU-Startups.com reported. Get the Full Story Complete the form to unlock this article and enjoy...

International
Sleek Secures Payments License in Singapore
July 07, 2022

FinTech startup Sleek, an all-in-one digital platform for small businesses, was granted a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS), which will give it the ability to expand its business account services to a wider base of clients. Get the...

Retail
Grove Expands Its Sustainable Cleaning Products to Kohl’s, Giant Eagle, Meijer
July 07, 2022

In the latest example of the trend toward sustainability and increased at-home lifestyle, environmentally-friendly cleaning product company Grove Collaborative Holdings has expanded its retail store footprint, according to a Thursday (July 7) press release. Get the Full Story Complete the form to unlock this article...

Retail
Conn’s CEO Looks Beyond Current Headwinds, Sees ‘Payment Options for Everyone’
July 07, 2022

It’s been 11 months since Chandra Holt was appointed CEO of Conn’s and just six months since the furniture, appliance, and electronics retailer unveiled what she calls “our big, hairy, audacious goal” of becoming a multibillion-dollar omnichannel business by 2025.   Get the Full Story Complete...