News

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...

Investments
Report: Tiger Global Sees $42B Decline in Assets
November 27, 2022

Tech investor Tiger Global Management has reportedly slashed the value of its private funds by nearly 25% this year, leading to one of the industry’s largest-ever declines in assets at $42 billion. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Mastercard: Black Friday Spending Up 12% Despite Inflation
November 27, 2022

In spite of inflation, American consumers spent the day of Thanksgiving shopping — both online and off — and dining out, leading to double-digit sales growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Europe
EU Brings Clearing In-House Amid Push to Reduce Reliance on London
November 27, 2022

Formed by the merger of several European Union (EU) stock exchanges at the turn of the 21st century, Euronext can trace its origins back to some of the world’s first bourses, formed in Bruges, Antwerp and Amsterdam between the 13th and 17th centuries. Get the...

News
Retailers’ Success Could Come Down to the ABCs This Year
November 26, 2022

With all due respect to Alec Baldwin’s legendary “Always Be Closing” monologue from the film Glengarry Glen Ross, the ABCs of holiday shopping have gotten an upgrade this year in response to the unique mix of economic conditions currently roiling consumers and businesses alike. Get...

Retail
A Month of Black Friday Sales Has Crushed the Urgency to Buy
November 25, 2022

Six weeks after Amazon’s Early Access Sale and three weeks into Walmart’s month of Deals for Days events, and Black Friday — the mother of all holiday shopping occasions — has arrived. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
FinTech IPO Index Drops 3.2% as Earnings Overhang Hits Blend and OneConnect
November 25, 2022

A shortened holiday trading timeline — a breather, and then it all begins again. 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...

Loyalty & Rewards
Digital Coupons Boost Omnichannel Grocery Sales in Face of Inflation
November 24, 2022

As consumers look to get their food needs met in the face of sky-high inflation, digital coupons are proving essential for driving continued engagement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Small Business Saturday to Test SMB Mettle and Margins
November 24, 2022

Wedged between Black Friday (Nov. 25) and Cyber Monday (Nov. 28), the 12-year-old holiday paying homage to the nation’s small businesses was first conceived by American Express in 2010 and then co-sponsored by the Small Business Administration (SBA) in 2011. Get the Full Story Complete...