In a year where most consumers have experienced growing financial stress and had to alter their spending habits in the face of rampant inflation, the well-heeled customers of the world’s largest consortium of luxury brands, LVMH, are on a totally different track. Get the Full...
Footwear giant Adidas announced Tuesday (July 26) that it’s adjusting its outlook for this year downward, citing a slower-than-expected recovery across Greater China since the start of the third quarter and the potential for slowdowns in other markets as a recession looms. Get the Full...
Charity begins at home, as the old saying goes, and that can mean one’s community as well. New data finds a powerful correlation between bank choice and a bank’s charitable standing. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
FinTech FIS announced in a Wednesday (July 27) press release that its Worldpay service is now available in the fast-growing South Korean market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The world’s third-largest athletic footwear company, Skechers, said strong consumer demand for affordable comfort drove record quarterly sales results at a time when both of its largest rivals are struggling. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
2023 will be a transformative year for financial services, marked by a new addition to the world of instant payments, Bernadette Ksepka, vice president and deputy head of product management for the FedNow SM Service Program, told PYMNTS in a recent interview. Get the Full...
Most FinTech firms that started out a decade ago came to market with a single, easy-to-use financial product that customers loved — whether it was stock trading, money transfer or international card payments. Get the Full Story Complete the form to unlock this article and...
Activist investor Elliott Management has reportedly taken an undisclosed stake in PayPal, The Wall Street Journal reported Tuesday (July 26) night, citing unnamed sources familiar with the matter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
RocketFuel Blockchain, which provides payment solutions using cryptocurrencies, announced Tuesday (July 26) that it has debuted a new B2B cross-border settlements solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
