News

Investments
Cyberinsurance Firm Coalition Raises $250M at $5B Valuation
July 08, 2022

Cyberinsurance company Coalition closed a $250 million Series F funding round last month that has valued the provider at $5 billion, according to a Friday (July 8) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Wearables
Fast Fashion, Circular Fashion Square Off on Sustainability Runway
July 08, 2022

It’s inexpensive and looks good just long enough, but fast fashion is taking flak for its environmental impact, potentially making circular fashion the next big thing in apparel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Kitchen Products Firm Zwilling Teams With Traxpay for SCF
July 08, 2022

German kitchen products maker Zwilling has formed a partnership with supply chain finance platform Traxpay, the two companies announced in a Friday (July 8) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
Weekly TechREG US: Federal Agencies Respond to Biden’s Crypto Executive Order; Bank Regulators Urged Banks...
July 08, 2022

This week, the U.S. Treasury proposed to the White House a plan to strengthen international cooperation on crypto regulation to make sure that the country leads the way in setting international standards aligned with U.S. values. The Department of Commerce also closed a consultation on...

Retail
Levi’s Closing in on 50-50 Split as Direct-to-Consumer Sales Accelerate
July 08, 2022

If the current uptrend continues, by this time next year, every time Levi’s sells a pair of jeans at one of the 3,200 stores or shop-in-shop locations in its massive 110-country global retail network, it will also sell another pair online.  Get the Full Story...

Delivery
Gopuff Expands BurgerFi Partnership to Take on Restaurant Aggregators
July 08, 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
Cabinets.com Shoppers Can Remodel Their Kitchens Fully Online With 3D Imaging Tech
July 08, 2022

Cabinets.com customers can pick out their new kitchen cabinets from the comfort of their homes — or anywhere else, for that matter — through a partnership with Dassault Systèmes that creates a cloud-based 3D design portal, according to a press release. Get the Full Story...

CFPB
CFPB to Increase Use of Advisory Opinions as Rulemaking Alternative
July 08, 2022

In recent months, the Consumer Financial Protection Bureau (CFPB) has increased the use of soft tools, such as advisory opinions, circulars or blog posts, to complement its rulemaking authority. These tools, which are more on the advocacy side than on the enforcement side, are arguably...

Retail
Amazon vs Walmart Weekly: Grocery Fight Complicated by Inflation and Delivery
July 08, 2022

“The supreme art of war is to subdue the enemy without fighting,” the Chinese general and famed military strategist Sun Tzu proclaimed almost 600 years ago, and yet, this oft-quoted quip somehow remains relevant today in a 21st century food fight among the top two...