News

Retail
Big Retailers Raising Wages Faster Than New $15 State Mandates
December 29, 2021

Of the 26 states — and Washington, D.C. — mandating minimum wage raises in 2022, California and New York are the only states that will require employers to pay at least $15 an hour to their workers, amid ongoing labor shortages in just about every...

Fintech Investments
FinTech Stocks Feel the Cold Winds of Change as Investor Demand Wanes
December 29, 2021

Once among the hottest stars on Wall Street, FinTech startups lit up the New York Stock Exchange and NASDAQ, dazzling investors as the pandemic turbo-charged digital adoption of just about everything. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payment Methods
2022’s Next Big Thing: Solving the ‘Money Mobility’ Problem
December 29, 2021

The great digital shift may be upon us, but money has a problem simply getting around. 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
More Tokenization and Better Routing Tech to Drive Conversion, Top Line in 2022
December 29, 2021

The year is almost in the rearview mirror — and looking back, 2021 represents a formative year for payments. 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...

Retail
Mastercard: Retailers Prepped to Turn Holiday 2021’s Success Into 2022’s Retail Revival
December 29, 2021

There is no better teacher than experience — and when you add in the benefit of holiday season hindsight that’s just a few days old, the opportunity for edification is even greater.   Get the Full Story Complete the form to unlock this article and enjoy...

Payment Methods
Billers Seek Tech Upgrades to Deliver Mobile and Real-Time Consumer Bill Pay Experiences
December 29, 2021

Much has been made of the great digital shift in eCommerce, where, as the pandemic wound its way through its first year, we went to online channels to get what we needed. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Online Pharmacy Platform DiRx Nets $10M for US Expansion
December 28, 2021

DiRx, a digital health company offering savings on generic Food and Drug Administration-approved medication through an online pharmacy, has raised $10 million in Series A funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Bitcoin
Bitcoin Daily: Bitcoin Continues Drop, Drags Crypto Futures, Other Stocks With It; Iran Bans Crypto...
December 28, 2021

Crypto saw a drop in the markets early on Tuesday (Dec. 28), which then resulted in around $300 million in liquidations among numerous crypto futures contracts, according to data from Coinglass. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Zetwerk Raises $210M Toward B2B Marketplace Services
December 28, 2021

B2B marketplace Zetwerk has raised $210 million in a new funding round, according to a Tuesday (Dec. 28) report by Inc42. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...