News

Retail
Fashion Startup by Russell Wilson and Ciara Seeking up to $50M in Series A Funding
January 11, 2022

The House of LR&C, a Seattle-based fashion startup started by Seattle Seahawks quarterback Russell Wilson and singer Ciara, will seek between $20 million and $50 million from investors this spring in a Series A fundraising round, according to an Axios report Monday (Jan. 10). Get...

Retail
Retailers Aim to Define Sustainability While They’re Rushing to Embrace It
January 11, 2022

In an attempt to regulate the pornography industry in the 1960s, Supreme Court Justice Potter Stewart famously sidestepped the need to work within the confines of a precise definition by saying simply, “I know it when I see it.” Get the Full Story Complete the...

IPO
Will Turo IPO Plans Mark Milestone or Hurdle In Carsharing Industry’s Advance?
January 11, 2022

Platforms, in starkest terms, enable demand to meet supply. 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,...

B2B Payments
Lenders Must Embrace Regulatory Tech To Comply With 1M State and Federal Banking Laws
January 11, 2022

As it stands, the nation’s mortgage lenders currently face a mix of 7,000 state and federal laws and regulations governing their industry, with another 32,000 individual mandates that flow from them.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
UK Competition Regulator to Review Brookfield’s Purchase of Scotia Gas 
January 11, 2022

The United Kingdom’s competition watchdog announced Tuesday (Jan. 11) that it will investigate the proposed merger between Brookfield Asset Management Inc. and Scotia Gas Networks Ltd. (SNG). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
2 Retailers in 2 Days Say Omicron Dented Holiday Season Sales
January 11, 2022

For the second time in as many days, one of the trendy stalwarts of online and mall-based retailing has jumped the gun on Q4 earnings season with a weaker than expected preliminary sales report. Get the Full Story Complete the form to unlock this article...

Latin America
Spreedly Reports 100% Growth in Latin America
January 11, 2022

Payments orchestration platform Spreedly says it’s seeing a lot of activity from users in Latin America. 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...

Payment Methods
In Latin America, Consumers Want eCommerce With Local Payment Methods
January 11, 2022

The rise of the connected economy has opened avenues of commerce — where wielding everything from cellphones to tablets to cars, consumers can transact in more ways than ever before. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
China to Use Olympics to Test Digital Yuan
January 10, 2022

China will debut the digital yuan ahead of its Beijing Winter Olympics, which will go out to both athletes and spectators, Bloomberg reported Monday (Jan. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...