News

B2B Payments
Real-Time Data Makes Workers Comp Premium Payments Pay as You Go
March 02, 2022

Leasing, real estate, credit cards and many other expenses are done on a monthly basis in terms of payments, but workers’ compensation has been quite different. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Dollar Tree or Three? Discount Retailer Tinkers With $3 and $5 Price Points 
March 02, 2022

Three months after the parent company of the Dollar Tree and Family Dollar chain of discount stores announced it was “breaking the buck” and lifting its long-standing $1 price format to $1.25, the Virginia-based retailer is at it again. Get the Full Story Complete the...

International
China Will Sit Out Russia Sanctions, Regulator Says
March 02, 2022

China is opposed to unilateral financial sanctions against Russia and will not join Western countries in imposing them, the head of the country’s banking and insurance regulator says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Loyalty & Rewards
Dutch Bros Aims to Leverage Stored-Value Payments to Drive Loyalty
March 02, 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...

IPO
SPAC Serendiptiy Capital Files With SEC to Pull Plug on $250M IPO
March 02, 2022

Instead of launching its initial public offering (IPO) on Monday (Feb. 28), special purpose acquisition company (SPAC) Serendipity Capital Acquisition pulled the plug and filed a Request to Withdraw Registration Statement with the Security and Exchange Commission (SEC). Get the Full Story Complete the form to unlock...

Retail
Urban Outfitters Relies More on eCommerce for 2021 Sales
March 02, 2022

Urban Outfitters relied increasingly on its digital channel to get customers the fashion apparel they wanted in the fourth quarter of fiscal 2022, which ended Jan. 31, 2022, and while the bottom-line results were promising, the transformation shows there are still some kinks to work...

Banking
Banks: Russia Steps up Cyberwar Against Financial System
March 02, 2022

Russia has begun a cyberwar against the U.S. in retaliation to recent sanctions targeting the banking system and other major industries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Digital Banking
Korean Regulators Adopt Rules for Mobile Bank Apps
March 02, 2022

South Korea’s financial regulatory bodies plan to make bank mobile apps easier for seniors to use. 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...

Banking
M&T Bank CEO Calls for More FinTech Regulation
March 02, 2022

M&T Bank Corp CEO René Jones has made the case for holding digital banks to the same regulatory standards as traditional financial institutions (FIs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...