News

Retail
Trump Tariffs Leave Shein and Temu Retailers Paying 30% More
February 06, 2025

Chinese retailers selling on Shein and Temu are reportedly facing a 30% levy on exports. 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...

Payments Innovation
Thredd’s McCarthy: ‘Seismic Shift’ Will Define FinTech Future
February 06, 2025

The last half-decade of the 2020s looms, and for FinTechs and financial services in general, the dust has just started to be kicked up on Capitol Hill and in the White House in terms of new regulations and even a reshaping of the regulatory agencies...

Investments
ClarityPay Boosts Consumer Finance Solutions With Neuberger Berman Capital Purchase Program
February 05, 2025

Point-of-sale lending solution ClarityPay said Wednesday (Feb. 5) that it agreed to up to $1 billion in a capital purchase program from funds managed by investment manager Neuberger Berman’s Specialty Finance group. Get the Full Story Complete the form to unlock this article and enjoy...

Wearables
AI is Driving a Smart Glasses Boom. Will It Last?
February 05, 2025

A decade after the debut of the original Google Glass — frame-only glasses with a small computer in the place of lenses — a new wave of next-generation smart glasses has emerged. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Why Amazon and Walmart Suddenly Like Malls
February 05, 2025

Walmart is expanding its real estate portfolio with a major acquisition. 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...

B2B Payments
First Citizens Bank and Sixth Street Partner on Equipment Financing
February 05, 2025

First Citizens Bank and global investment firm Sixth Street have launched a new platform designed to provide flexible capital equipment financing solutions to middle market companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

eCommerce
EC Proposes Greater Scrutiny of Low-Value Imports Sold Online
February 05, 2025

The European Commission is encouraging European Union (EU) regulators and legislators to do more to mitigate the risks posed by the growing number of low-value imports being sold via online retailers and marketplaces. Get the Full Story Complete the form to unlock this article and...

Banking
New York Expands Program to Support Access to Financial Services
February 05, 2025

The New York towns of Neversink and Denning have been approved as a Banking Development District (BDD), a designation that is meant to support access to affordable financial services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Auto Hauler Exchange Raises $5 Million for Vehicle Shipping Platform
February 04, 2025

Vehicle transportation marketplace Auto Hauler Exchange (AHX) has raised $5 million in new 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 our daily newsletter, PYMNTS...