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Nuvei Helps Swedish Sportsbook Betsson Launch in US
May 20, 2022

Payments platform Nuvei has joined forces with Swedish gaming company Betsson Group to help it bring its online sportsbook to the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Foot Locker Gains Stronger Foothold in Athletic Retail Market
May 20, 2022

Foot Locker’s stock price was up more than 5% in early trading Friday (May 20) after the company reported its fiscal 2022 first-quarter earnings results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Ross Stores Not Feeling Benefit of Shoppers’ Bargain Hunting
May 20, 2022

The inflation-fueled quest by shoppers to maximize every dollar clearly hasn’t helped discount fashion retailer Ross Stores, which saw its stock dip almost 25% early Friday (May 20) following a first-quarter earnings report that was filled with unmet goals and revised future expectations. Get the...

Investments
Auto FinTech Caribou Valued at $1.1B After $115M Funding Round
May 20, 2022

Caribou, a FinTech that focuses on automobile installment loan payments, has completed a $115 million Series C funding round, according to a Friday (May 20) press release. The company’s valuation is now $1.1 billion. Get the Full Story Complete the form to unlock this article...

Retail
AMZN vs WMT Weekly: Retailers Limp Into Normally Sizzling Dog Days of Summer
May 20, 2022

With the official kick-off of summer just a week away and our instinctive perennial urge to get outside, go places, have fun and relax poised to kick in, this year’s hot season looks set to be different than what we’ve come to expect in recent...

Retail
Retailers Rush to Rethink Stores Amid Shift to Digital, Experiential Shopping
May 20, 2022

For a minute there in 2020 and 2021, it seemed like most retail stores might be turned into indoor playgrounds or just abandoned because in-store shopping was over — except it isn’t. Stores have come to embody the “whatever doesn’t kill you makes you stronger”...

Investments
FloorFound Nets $10.5M to Expand Its Recommerce Platform
May 19, 2022

Recommerce company FloorFound has gotten $10.5 million in Series A financing, a press release said  Thursday (May 19). 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...

B2B Payments
China’s Zhangle Global Debuts Cash Pro Management Tool
May 19, 2022

Huatai International announced that Zhangle Global has released Cash Pro, a new cash management service designed to help investors with a new low-risk and liquid option, Taiwan News reported Thursday (May 19). Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
Fraud Tech Firm Tovera Debuts NFT Verification Tool
May 19, 2022

Tovera, which fights online fraud, has rolled out a new platform to combat NFT fraud, a press release said Thursday (May 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...