News

Retail
Walmart Says ‘Business Is Increasingly Digital,’ Pledges Further Investment in Tech
February 17, 2022

It’s been said that “change is the only constant,” and that axiom is as true for the retail industry as it is for Walmart — the operator of over 10,000 stores worldwide and a fast-growing eCommerce business. Get the Full Story Complete the form to...

Retail
D2C Home Brand The Inside Acquired by Havenly
February 17, 2022

With many people still working from home for the foreseeable future, some have been taking advantage of the time to remodel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
FinTech PayHop’s $2.2M Seed Will Help Scale Business
February 17, 2022

Brazilian startup PayHop raised $2.2 million in a seed round to go towards helping the FinTech scale its business, which enables retailers to use credit card receivables as collateral for loans, according to reports. Get the Full Story Complete the form to unlock this article...

Retail
Gucci Parent Kering Rides eCommerce Explosion to Record Revenue in 2021
February 17, 2022

Online sales for Gucci parent company Kering were up 55% in 2021, a key driver in the company’s overall upward trend across its earnings results, according to a Thursday (Feb. 17) press release, which showed the company’s online penetration rates doubled since 2019 and are...

Retail
Hasbro Activist Investor Alta Fox Wants New Board Members, Wizards of the Coast Spinoff
February 17, 2022

Activist investor Alta Fox Capital Management wants play and entertainment company Hasbro Inc. to make its Wizards of the Coast unit a separate entity and add five new board members as part of an overhaul to its business strategy. Get the Full Story Complete the...

Retail
Crocs Look to Take a Bigger Bite From Digital Sales
February 17, 2022

Crocs are known for their simplicity. The Colorado-based footwear company says it delights in being confidently comfortable and (soon) a 100% vegan brand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
CFOs Must Seek Internal, External Opportunities To Drive Digital Efficiencies
February 17, 2022

Today’s chief financial officers (CFOs) are digitizing across every part of the business that finance touches. They are doing so to provide external customers with the service they want — and to give internal customers, like sales and product teams, the data they need to...

Security & Fraud
Banking Customers Demand More Security — But Not if it Hurts User Experience
February 17, 2022

When accessing their digital financial accounts, customers want to have a choice of channels and devices to use. They also want to have a great user experience (UX), whether via a desktop website, app or mobile browser. Get the Full Story Complete the form to...

Regulation
Biden Administration Looks for Private Equity, Hedge Fund Transparency
February 16, 2022

The Biden administration is looking more into private equity and alternative investments like hedge funds, CNBC reported Wednesday (Feb. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....