News

Investments
Barcelona eCommerce Delivery Platform Paack Ends $225M Series D Funding Round
January 26, 2022

Barcelona-based eCommerce delivery startup Paack recently completed a 200 million euro ($225.6 million) Series D fundraising round, according a Tech.eu report Wednesday (Jan. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Payment Methods
Payments Network EMQ Adds SEPA Credit Transfers
January 26, 2022

In a move designed to expand its reach in Europe, payments network EMQ says it has added SEPA (Single Euro Payments Area) instant credit transfer capabilities to its network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
Binance Ending Halt on SEPA Payments
January 26, 2022

Cryptocurrency exchange Binance is preparing to once again accept deposits from the Single Euro Payments Area (SEPA), ending a months-long freeze. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Rising Retail Returns Outpace Growth of Online Sales
January 26, 2022

After weeks of speculation and reporting on what the post-holiday period known as “returns season” might look like, we now have a number: $761 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Walmart’s FinTech and Super App Future Takes Shape With Pair of Purchases
January 26, 2022

In the bid to build super apps, designed to bring all manner of digital activities under one digital roof, Walmart is determined to make a big splash in a big way. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
The Flip Side of Tougher Merger Rules, Enforcement
January 26, 2022

Nvidia’s $40 billion deal with Arm may soon fall apart as the parties prepare to quietly abandon the transaction due to increasing antitrust concerns in the U.K., U.S. and China. The Federal Trade Commission (FTC) on Tuesday (Jan. 25) sued to block Lockheed Martin Corporation’s...

Retail
Mattel and Disney Launch Multi-Year Global Licensing Deal for Princess and Frozen Lines
January 26, 2022

Mattel, Inc. on Wednesday (Jan. 26) announced a multiyear global licensing deal for the Disney Princess and Frozen franchises that gives the toy maker global licensing rights on future toy lines under the Disney Consumer Products, Games and Publishing umbrella for fashion dolls, small dolls,...

Regulation
CFPB Casts Wide Net on Market for Consumer Credit
January 26, 2022

In a blog post on Jan. 19, the Consumer Financial Protection Bureau (CFPB) announced that given the significance credit cards and credit card debt represents for many households, it will turn its attention to ensuring what it calls a more fair, transparent and competitive credit...

Retail
Called It! Why Oscar de la Renta’s Embrace of Luxury Resale Won’t Be the Last
January 26, 2022

The New Year habit of making year-ahead predictions, not unlike the business of forecasting the weather, is fraught with risk and a high probability that the prognosticator will be wrong. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...