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Investments
Nyshex Secures $25M to Scale Digital Freight Tech
September 14, 2022

Nyshex, a digital platform connecting shippers and ocean carriers, raised $25 million in a Series B funding round to boost the development of its technology platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Wegmans Shuts Down Scan-and-Go Checkout Amid ‘Losses’
September 14, 2022

As grocers look to remove friction from the in-store journey, not all their tech bets are paying off. 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...

Retail
Inditex Says Optimized Shopping Experience Boosted Sales 25%
September 14, 2022

Zara-parent and fast fashion giant Inditex reported that its sales in the first half of 2022 were up about 25% year over year and attributed this growth to the new ways in which it’s connecting with consumers.  Get the Full Story Complete the form to...

Retail
Retailers Retool to Attract Deal Seekers as ‘Value’ Takes Center Stage
September 14, 2022

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Investments
SoftBank Could Self-Fund Vision Fund 3 or Ramp up Vision Fund 2
September 14, 2022

Japanese global tech and investment conglomerate SoftBank is said to be weighing the launch of a third Vision Fund or adding money to its Vision Fund 2, which along with its first Vision Fund has been bleeding red. Get the Full Story Complete the form...

Retail
Report: Walmart, Target Urge Support for Credit Card Competition Bill
September 14, 2022

Saying swipe fees for credit cards in the U.S. are seven times higher than those in Europe, more than 1,600 merchants have reportedly signed a letter urging members of Congress to vote for a bill that would boost competition among credit card networks. Get the...

Banking
Why Banking Apps Need to Be More Than Just Banking Apps
September 14, 2022

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Banking
YAP CEO Says Collaboration, Not Competition, Creates More Wins for MENA Neobanks
September 14, 2022

Unconstrained by legacy systems, decades-long financial commitments and the obligations of a full banking license, digital banking apps are shaking things up and introducing a seamless, cost-effective, and flexible way of accessing financial services that continues to threaten the once dominant incumbent model. Get the...

Fintech Investments
Deluxe, UK Trade Dept Team on Cross-Border Innovation
September 13, 2022

Deluxe, which works in payments and business technology, has hosted 10 British FinTech companies to help promote collaboration and innovation in financial and business services, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...