News

Latin America
Uala Wants to Tap Into Mexico’s $60B Remittance Market
September 09, 2022

Argentina-based FinTech Uala will let its customers in Mexico receive money from abroad in an attempt to capitalize on the burgeoning $60 billion remittances market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
As Grocers Push Private Labels, Brands Seek Loyalty Online
September 09, 2022

In the grocery segment, it’s the tug of war for space on the (brick and mortar and virtual) shelves. 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...

Retail
Amazon vs Walmart Weekly: An Unprecedented Price War in Healthcare
September 09, 2022

When news crossed this week that Walmart, the self-titled leader for “everyday low prices,” had struck a 10-year deal with UnitedHealth, it was likely unsurprising to most industry observers to see the word “affordable” prominently placed atop the announcement. Get the Full Story Complete the...

Retail
Roger Federer-Backed Running Shoe Brand Launches Resale Site in Green Push
September 09, 2022

Seeking to boost its sustainability and reach new customers, Swiss athletic footwear and apparel brand On — which is backed by tennis star Roger Federer — has launched a resale site called Onward.  Get the Full Story Complete the form to unlock this article and...

Retail
Amazon Acquires Belgian Warehouse Automation Firm Cloostermans
September 09, 2022

Aiming to makes its workplaces “safer, simpler and more productive,” Amazon has signed an agreement to acquire Belgium-based mechatronics solution designer and manufacturer Cloostermans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
CalCPA Teams With Anchor to Bring Autonomous Billing to Accountants
September 09, 2022

The California Society of Certified Public Accountants (CalCPA) is working with autonomous billing and collections platform Anchor. 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...

Retail
RH Says Luxury Brands Don’t Discount, Resists Promos Despite Slumping Sales
September 09, 2022

Luxury lifestyle retailer RH won’t sacrifice its image and margins to keep its sales growing as consumers tighten their wallets, RH Chairman and CEO Gary Friedman said Thursday (Sept. 8) in a presentation released along with the company’s quarterly earnings call. Get the Full Story...

Europe
A Rough Guide to Europe’s Open Banking Platforms
September 09, 2022

It is now nearly seven years since the European Commission passed the Revised Payment Services Directive (PSD2), and nearly three years since the final deadline for all businesses within the European Union to comply with PSD2’s technical standards. Get the Full Story Complete the form...

Banking
PYMNTS Intelligence: With Digital Payment Needs Growing, Embedded Finance Can Help
September 09, 2022

The banking and financial services industry is undergoing a rapid digital transformation. In response to the pandemic and the emergence of new technologies, consumers are rapidly exchanging traditional financial products and services for innovative digital solutions. Get the Full Story Complete the form to unlock...