Canada-based Interac is collaborating with 13 financial institutions to introduce real-time electronic transfers (e-Transfers) to enable the transfer of business funds within seconds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Dubai-based buy now, pay later (BNPL) provider tabby has raised $500 million in a new equity round, pushing its valuation to $300 million, the company announced. This latest funding round comes on the heels of a $50 million debt financing drive. In all, the company...
As retailers across the U.S. continue their struggle to find enough employees, CVS Health is raising its hourly minimum wage and removing education requirements for recruitment of employees, a move that executives hope allows the company to bolster its ranks and continue growth. Get the...
Even as the pandemic wanes, consumers aren’t giving up their comfortable clothes, leading many brands to double down on athletic apparel offerings and putting the heat on longtime women’s athleisure queen Lululemon. Get the Full Story Complete the form to unlock this article and enjoy...
Traffic has been higher at Tanger Factory Outlet Centers locations than in 2019, but only about 50 percent of the leases set to expire this year have been renewed across the company’s upscale open-air outlet centers, company officials said during its three- and six-month earnings...
Storage and organization retailer The Container Store Group reported net sales of $245.3 million in the first quarter of fiscal 2021, up 61.7 percent from the previous year and up 17.1 percent from the first quarter of fiscal 2019. Get the Full Story Complete the...
When it comes to commercial card adoption, issuers and FinTechs can either reduce the friction of using and accepting cards, or they can sweeten the deal to encourage more traction. This week’s look at the latest in commercial card innovation explores how industry players wield...
Artificial intelligence (AI) continues to make its way throughout the back office, exploring new areas to automate and optimize, freeing up human experts for more strategic initiatives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
For any FinTech product, having a solution that can address as much friction for as many users as possible is key to scale. Yet when those end-users exist across a range of markets with differing levels of digitization and varying degrees of regulation, scaling can...
