News

Retail
Retailers Scramble to Ensure Targeted Ads Comply With New Privacy Regs
September 27, 2022

Retailers are reportedly racing to comply with California’s data privacy regulations as a new, stricter law is set to take effect in the state beginning Jan. 1.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Christie’s Adds Streetwear Unit to Sell $1M Air Jordans
September 27, 2022

Art and luxury business Christie’s is launching a new department devoted to sneakers, streetwear and sports collectibles — such as a pair of sneakers worn by Kanye West during a performance at the Grammy Awards. Get the Full Story Complete the form to unlock this...

Payment Methods
Marketplace Model Provides POS Credit Pipeline to Retailers in Tough Times
September 27, 2022

Products like buy now, pay later (BNPL) have retrained consumers to expect fast credit decisions — ideally in their favor — at the point of sale, whether online or in-store and that expectation now extends to all forms of nontraditional consumer lending. At the same...

Investments
Robinhood Offering Gold Members Up to 3% Interest on Brokerage Cash 
September 26, 2022

Online broker Robinhood is upping the interest rate it pays to Gold members on uninvested cash held in brokerage accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Modern CFOs ‘Almost Like Mini-CEOs’ as Job’s Scope Expands
September 26, 2022

Today’s chief financial officers (CFOs) are often expected to add value to any aspect of the business, partner with the CEO and be ready to step into the CEO’s shoes if necessary. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
Bank of America’s CashPro App Adds QR Code, Biometrics to Ease Sign-In
September 26, 2022

Companies that use Bank of America’s CashPro digital banking platform for payments, cash management and trade finance operations can now sign in to the website on their mobile device by using the CashPro App to scan a QR code and their biometrics. Get the Full...

Investments
VC Firm Point Nine Raises €180M to Back B2B Marketplaces, SaaS
September 26, 2022

German venture capital firm Point Nine, which backs companies including Delivery Hero, Revolut and Typeform, has raised €180 million in a new seed fund to support business-to-business (B2B) marketplaces and software-as-a-service (SaaS) startups, a report from Sifted said Monday (Sept. 26). Get the Full Story...

Prepaid
Brazil to Cap Prepaid Card Interchange Fees to 0.7% Starting April 2023
September 26, 2022

The Central Bank of Brazil (BCB) is set to cap interchange fees for prepaid cards starting in April 2023, and it will also standardize the settlement term for debit and prepaid card transactions. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Today in B2B Payments: New Solutions Tackle Alcohol Sales, Email Inboxes
September 26, 2022

Today in B2B payments, iControl and MarginEdge partner to help solve the problems restaurants face when buying and selling alcohol, while Auditoria.AI introduces smartbots that help companies run their helpdesks. Plus, Berlin-based startup Workist raises about $8.7 million to help automate B2B transactions. Get the...