Off-price apparel retailer TJX said Wednesday (Aug. 17) that demand for home-related items was weaker than expected as inflation dampened consumer spending, leading to a surprise 5% drop in same-store sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
While 1,500 people have been charged with pandemic fraud and 450 have been convicted, investigators are still chasing down abundant leads in what could top $163 billion illegally siphoned from COVID unemployment insurance (UI) benefits alone. Get the Full Story Complete the form to unlock...
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...
The financial services industry has done a good job safeguarding consumers from third-party fraud — that age-old ruse in which bad actors steal personal information, card numbers or passwords to access victims’ bank accounts. Get the Full Story Complete the form to unlock this article...
With inflation and economic uncertainty currently causing an instinctive recoil by many consumers when it comes to splurging on non-essentials, a week’s worth of insight and commentary from several of the nation’s top apparel resellers has sparked a bit of a debate and a rethink....
Three individuals have been charged with illegally tipping and trading in the securities of Equifax before its public announcement of a big cyber intrusion and data breach from 2017, the SEC reported. Get the Full Story Complete the form to unlock this article and enjoy...
The Nordic countries are often considered pioneers when it comes to digital innovation and payments. With some of the lowest cash usage in the world and a history of interbank collaboration of money transfers and digital infrastructure, countries like Norway have been trendsetters in everything...
Software-as-a-service (SaaS) finance company Arc has closed a Series A round for $20 million, to go toward growth for its treasury and software products, a press release said Tuesday (Aug. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Amid a worsening shortage of truck drivers in the United States, FinTech AtoB has raised $155 million in a Series B round to modernize the U.S. transportation industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...