News

Retail
Today In Retail: Warby Parker Files For IPO; Nordstrom Sales Still Below 2019 Levels
August 25, 2021

In today’s top retail news, Warby Parker is setting the stage for its public debut, while Nordstrom executives say they’re ready for uncertainty in the second half of the year. Also, fashion apparel retailer Express says it’s on track to reach $1 billion in eCommerce...

Security & Fraud
SEC Official: Crypto Scams Now Favored Crime Tool
August 25, 2021

The popularity of cryptocurrency has come with an unfortunate side effect: a corresponding rise in the number of scams involving crypto. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Brex Rolls Out Debt Financing Tool
August 25, 2021

Silicon Valley FinTech Brex is launching a new product to extend debt financing with longer terms and speedier due diligence to some of its select business customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
LexisNexis Risk Solutions Adds Anti-Fraud Platform TruNarrative
August 25, 2021

LexisNexis Risk Solutions UK Limited, part of RELX, on Wednesday (Aug. 25) announced it has acquired cloud-based anti-financial crime and anti-fraud platform TruNarrative, which will become part of LexisNexis’ business services group. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Balance Rakes In $25M To Digitize B2B eCommerce Payments
August 25, 2021

B2B eCommerce payment platform Balance on Wednesday (Aug. 25) announced it raised $25 million in Series A funding. 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...

International
Today In Payments Around The World: Khatabook Raises $100M In Series C, Didi Scales Back...
August 25, 2021

Today in payments around the world, Khatabook is valued at $600 million after a $100 million Series C fundraising round. Plus, Didi Global pulls back on its U.K. launch plans and McDonald’s reshuffles its international leadership team. Get the Full Story Complete the form to...

Digital Banking
Today In Digital Banking: Lyft Boosts Driver Loyalty, Stablecoin Use Increases, TruMark Teams With NCR
August 25, 2021

Today in digital banking, there is the slow emergence of stablecoins. Plus, Lyft pays drivers when they finish their shifts, among other loyalty boosters, and TruMark Financial Credit Union partners with NCR on digital banking. Get the Full Story Complete the form to unlock this...

International
i2C, Credijusto Launch Credit Card For Mexican SMBs
August 25, 2021

The digital payment and banking provider i2c has joined forces with Mexican lender Credijusto to provide a new credit card for small to medium-sized businesses (SMBs) in Mexico. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
DivideBuy And Cloud Nine Hair Team To Offer Customers Interest-Free Credit
August 25, 2021

Customers of Cloud Nine Hair will now have access to interest-free credit, following a strategic partnership between the hair product retailer and U.K. LendTech provider DivideBuy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...