News

Retail
China’s Zero-COVID Policies Test Global Brands’ Resilience
November 28, 2022

Three years in, China continues to weather fallout from the pandemic. And that fallout, as lockdowns and civil unrest wrack an already volatile economy, may have negative knock-on effects for global marquee brands — Apple, Nike and Starbucks among them. Get the Full Story Complete...

Retail
NYC’s Luxury Retail Scene Gets ‘Jolt’ With New Sabyasachi Boutique
November 28, 2022

While most retailers are cutting prices and focusing more on essentials, a new Sabyasachi boutique in New York City is attracting buzz for its curated, high-priced luxury goods that one industry-watcher characterized as “maximalist.” Get the Full Story Complete the form to unlock this article...

Retail
Shoppers Go Deep on BNPL and eCommerce as Holiday Shopping Ramps Up
November 28, 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
Report: Lithuanian Apparel Resale Site Vinted Aims for US After Dominating Europe
November 28, 2022

The fastest growing apparel reseller in Europe is looking to bring its game to the U.S. market. 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...

Banking
US Banks Devising Plan to Reimburse Zelle Scam Victims
November 28, 2022

Seven of America’s largest banks are reportedly working on a plan to reimburse victims of scams on their payment network Zelle amid calls for greater oversight in the peer-to-peer payment sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
H&R Block Taps Ingo Money and Urban FT to Fight Mobile Check Deposit Fraud
November 28, 2022

Everything’s digital now, and paper check fraud hails from a bygone age, right? 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....

B2B Payments
Pax2pay Debuts Accounts Payable Solution for Travel Industry
November 27, 2022

Digital payments company Pax2pay is making its travel payments tools more efficient for businesses through a new business accounts payable platform to optimize travel invoicing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross-border Payments
GlobeTopper Partners With Knox Wire on B2B Cross-Border Payouts
November 27, 2022

B2B gift card concierge firm GlobeTopper has launched a partnership with payment processor Knox Wire to power instant cross-border payouts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Applied AI Company Raises $42M to Expand in US
November 27, 2022

Machine learning (ML) firm Applied AI Company (AAICO) has secured $42 million in funding to help companies in Europe and the U.S. reduce their reliance on manual business processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...