One month after raising enough money to value itself at $100 billion, Chinese fast fashion brand Shein is suffering from slowing sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Today in retail, The Honest Company relies on its retail partnerships to get it out of a yearlong sales slump, while Walmart’s quarterly earnings report next week will carry some valuable insight for the future of the retail sector. Plus, Tesco adds flexible working space...
Aware of the need for modernization, most financial institutions (FIs) are innovating or planning to innovate new digital solutions to reduce their enterprise clients’ key B2B payments frictions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
BlueTape, which provides payments and financing offerings to the construction sector, has launched the BlueTape Virtual Card, giving contractors across the U.S. the ability to finance their building supply invoices at any construction supply store, according to a Friday (May 13) press release. Get the...
The U.K. Payment System Regulator’s (PSR) panel issued recommendations on May 10 to eliminate barriers for consumers and merchants to access digital payments in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Open banking payments platform Token.io raised $40 million in a Series C funding round that it will use to continue advancing the shift from traditional payment methods like cards and wallets to open banking account-to-account (A2A) payments. Get the Full Story Complete the form to...
Pakistan-based HealthTech platform MEDZnMORE raised $11.5 million in a pre-series A funding round to boost better authenticate medications across the country, Magnitt reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Tesco, the United Kingdom’s largest grocery chain, is really stretching the idea of the supermarket. 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,...
The price drop in stablecoin TerraUSD and the collapse in its associated cryptocurrency LUNA has triggered a global call for stablecoin regulation. From the U.S. Treasury Secretary to the Securities and Exchange Commission (SEC) or the Bank for International Settlement (BIS), regulators around the world...
