News

Banking
What Is Digital-First Banking?
December 21, 2022

Digital-first banking refers to a type of banking in which the primary means of interacting with the bank is through digital channels, such as a website or a mobile app. This approach to banking is often designed to be convenient for customers, as it allows...

B2B Payments
$2.5M in Funding Raised by Nigerian Online Furniture Seller Taeillo
December 21, 2022

Nigerian online furniture store Taeillo now has $2.5 million in funding raised to ramp up production. 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...

Investments
Korean FinTech and Investment App Toss Raises $405M
December 21, 2022

South Korean investment app Toss has raised $405 million in a Series G funding round. 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,...

Retail
Walmart Canada Taps Western Union For Money Transfers
December 21, 2022

Walmart Canada has integrated Western Union’s platform into Walmart.ca to offer customers money transfers. 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...

Retail
Pinterest Stock Up 35% 6 Months After New CEO Arrived
December 21, 2022

Pinterest stock has risen 35% since the arrival of new CEO Bill Ready in June. 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,...

Retail
Nike Stock Soars as Record Membership Drives 34% Spike in Digital Sales
December 21, 2022

Nike stock soared after strong demand for its products allowed it to do something few other brands can: charge full price. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payment Methods
LatAm’s Digital Transformation Opportunity Is Best Viewed as 33 Different Puzzles
December 21, 2022

The digital transformation of Latin America is a massive growth opportunity. That is, as long as you don’t treat Latin America as one big place. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Delivery
Uber Leverages Its Platform to Out-do Grocery Delivery Competitors
December 20, 2022

As Uber courts grocery delivery partners, its multi-vertical model is proving to be a competitive weapon. 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...

Delivery
FedEx CEO Accelerates Cost Cutting as Package Volume Drops 
December 20, 2022

FedEx CEO and President Raj Subramaniam is stepping up cost reductions as package volume drops.  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,...