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Fintech Investments
FinTech Lenders Scramble for Investors as More Loans Backed With Deposits
August 22, 2022

FinTech lenders are backing more loans with deposits as investors become tougher to find amid rising interest rates and expectations for higher yields. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Debit Card Fraud Spotlights FinTech Need for New ‘Money In’ Approach
August 22, 2022

Payments fraud is not just a matter of end user vulnerability — the unwitting consumer who clicks on a link or the authorized push payment that disappears into the proverbial ether after a fraudster impersonates a family member or friend via text message. Get the...

Regulation
Gensler Changes Tactics in Capitol Hill Crypto Fight
August 22, 2022

Securities and Exchange Commission (SEC) Chairman Gary Gensler is changing directions in the argument over whether or not cryptocurrencies are securities, signalling a change in tactics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Walmart, Target, Kohl’s Look to Cut Amazon’s Apparel Lead
August 22, 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
French Retailer Carrefour Freezes Prices on 100 ‘Everyday Essentials’
August 22, 2022

Saying it expanding its efforts to help its customers cope with inflation, French retailer Carrefour has frozen prices on 100 “everyday essential” products through Nov. 30.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Delivery
Walmart Now Growing Threat to Delivery Aggregators
August 22, 2022

It is hardly surprising that Walmart is no longer delivering via DoorDash, considering that the two firms are in competition when it comes to providing delivery fulfillment for grocers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Seeking a ‘Restart’ Adidas Looks for New CEO
August 22, 2022

Saying it’s time for a restart, footwear company Adidas announced that its supervisory board and CEO Kasper Rorsted have mutually agreed that Rorsted will leave the CEO position in 2023.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
CFOs Face New Challenge to Tame FX Impact on Cross-Border Payments
August 22, 2022

There are close to 200 global fiat currencies, a veritable financial Tower of Babel. Add to that cryptocurrencies, and you have unprecedented FX complexity in play when seeking to manage-cross border payments. Get the Full Story Complete the form to unlock this article and enjoy...

eCommerce
Chinese Online Marketplace Pinduoduo Expands to US
August 22, 2022

Mostly known in China for connecting agriculture products to consumers, eCommerce marketplace Pinduoduo is reportedly expanding its platform globally, with the first launch in the U.S. next month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...