From an 8-to-1 market share advantage in 2014, to the present 1.6 percentage point margin at the end of 2021, Amazon’s efforts to chip away at Walmart’s lead in this key category have been notable and continue to pay off. Get the Full Story Complete...
Application management platform Bionic has closed a Series B round for $65 million, according to a Monday (March 21) press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Instacart, in a bid to help with the rising gas costs, is introducing a temporary fuel surcharge, a company press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
As the pandemic ebbs, as branches reopen and omnichannel banking becomes the norm, community banks must beware a looming threat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Financial Industry Regulatory Authority has said it’ll only take actions against chief compliance officers who don’t carry out specific supervisory responsibilities designated by the firm — not in matters where they’re just playing an advisory role, The Wall Street Journal reported Thursday (March 17)....
Profishop, which sells equipment for business and industry directly from manufacturers, has announced $35 million in new funding, which it plans to use to expand, Yahoo reported last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Big U.S. investment banks have taken a $4.6 billion revenue hit from the freeze on equity raisings, a Financial Times report said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Egypt’s largest national banks, Banque Misr, National Bank of Egypt and Banque du Caire, have launched a new venture fund called Nclude, the banks announced Sunday (March 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In today’s FinTech news, Tencent could be faced with spinning WeChat Pay into its payments subsidiary, while crypto exchange Binance looks to acquire a bank in Brazil in order to enter the market in the country. Plus, German FinTech Monite offers a one-stop-shop for automating...
