News

Investments
French Healthcare Super App Alan Valued at $2.8B After Series E
May 05, 2022

French health insurer Alan has raised $193.1 million (183 million euros) in a Series E funding round that values the company at $2.8 billion (2.7 billion euros). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Etsy Tumbles as Post-Pandemic Growth Slows, Pledges to Fight Retail’s ‘Sea of Sameness’
May 05, 2022

After experiencing what Etsy CEO Josh Silverman referred to as a “tidal wave of growth” over the past two years, the leading marketplace for handmade clothing, jewelry and other items is now facing an earthquake of sorts that has pushed its stock down 60% in...

Retail
Gucci Joins Crypto Acceptance Craze, Will Launch 10-Currency Payment Program This Month
May 05, 2022

Luxury fashion brand Gucci will become the latest retailer to accept cryptocurrency payments when it launches the program in some U.S. stores at the end of this month and at all North American stores this summer, according to a company press release. Get the Full...

Investments
Jobandtalent Secures $250M to Drive Daily Wage Access
May 05, 2022

Managed job platform Jobandtalent locked down $250 million in debt financing to innovate its platform with financial product offerings such as flexible wage access. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Payment Methods
PYMNTS AM Radar: Fraud Fighting MFA; Consumerizing B2B Payments; BNPL for Steel; Netflix Sued; ICYMI
May 05, 2022

Today is Thursday, May 5 and shareholders are hopping mad about Netflix’s share price and allege that the streaming giant forgot to mention subscriber numbers tanked. Here’s what else should be on your radar this morning.   Get the Full Story Complete the form to unlock...

B2B Payments
Millennial, Gen-Z Digital Preferences Reshaping Embedded Finance Landscape
May 05, 2022

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, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Security & Fraud
Big Data, Machine Learning Battle Online Payments Fraud as Criminals Target BNPL
May 05, 2022

Most consumers don’t think about eCommerce fraud. 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, PYMNTS Today. By completing this form, you agree...

eCommerce
How Online Retailer Jane Is Keeping Fraud Out of Fast Fashion
May 05, 2022

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, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Banking
Sen. Warren Calls on Big Banks to End Overdraft Fees
May 04, 2022

U.S. Sen. Elizabeth Warren, the Massachusetts Democrat and former presidential candidate, has started pushing for an end to overdraft fees, Bloomberg reported Wednesday (May 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...