Dubai-based FinTech Pemo has raised $12 million in a seed funding round that it will use for continued product development and expansion across the Middle East and North Africa, according to a Magnitt report Wednesday (May 18). Get the Full Story Complete the form to...
B2B payments specialist Adflex is expanding its partnership with Mastercard by offering Click to Pay to its merchants, according to a company press release Wednesday (May 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Shoe Carnival pointed to sales growth above pre-pandemic levels in its fiscal 2022 first-quarter report, according to a company press release Wednesday (May 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In a land where managing Wall Street expectations is a make-or-break endeavor, Target was handed the equivalent of a failing grade Wednesday morning (Mat 18), as stunned investors pummeled the retailer’s stock by 25% after it unveiled an unexpected 40% drop in earnings. Get the...
Embedded payments platform Modulr has raised $108 million in a Series C round led by equity firm General Atlantic, the company announced in a Wednesday (May 18) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Stores in the TJX Companies family are part of a growing trend of shoppers returning to brick-and-mortar stores, with its Marshalls and TJ Maxx stores leading the way in increased traffic, according to a company press release Wednesday (May 18). Get the Full Story Complete...
As a cloud of uncertainty hangs over housing prices and rising interest rates are taking a bite out of buying power, the case for staying in place is as strong as it’s been in years. Get the Full Story Complete the form to unlock this article...
For the last few months, Gary Gensler, chair of the Securities and Exchange Commission (SEC), has been calling for more regulation and promised to step up enforcement actions to protect investors. Yesterday, he asked Congress to help him fund these efforts. Gensler also explained the...
The U.K. Payment System Regulator (PSR) is continuing its fight against authorized push payment (APP) fraud. New rules and legislation will provide the regulator with more tools to reduce fraud and to demand compensation from banks. Get the Full Story Complete the form to unlock...
