News

Loyalty & Rewards
Dutch Bros Aims to Leverage Stored-Value Payments to Drive Loyalty
March 02, 2022

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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 —...

Retail
Rack is Back: Nordstrom Gets Huge Bounce From Gains at Off-Price Unit and Digital
March 02, 2022

Seattle-based luxury retailer Nordstrom saw its stock soar over 30% Tuesday evening (March 1) after reporting better than expected Q4 results that were led by improved conditions at its 350-store off-price Rack unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
Midmarket Firms Seek Cross-Border Payments Stability, Convera CEO Says
March 02, 2022

No matter the vertical, the world in which enterprises operate is ever more complicated. Supply chains are constrained. Interest rates are volatile. And currencies gyrate wildly against one another on the threat that the current Russia-Ukraine conflagration might escalate and spread. Get the Full Story...

eCommerce
eCommerce Looks Beyond ‘Headless’ to Balance Brand Control With Evolving Digital Demands
March 02, 2022

If the word “replatforming” strikes a note of fear in your heart, that’s because it’s a bear. A big, burdensome bear. For that reason, many companies migrated to headless commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...