News

Retail
Appetite For Luxury Prompts Forecast Boost By Versace Parent
June 29, 2021

The post-pandemic appetite for luxury goods has prompted Capri Holdings — parent to Michael Kors, Versace and Jimmy Choo — to increase its profit and revenue forecast for the 2022 fiscal year, U.S. News reported on Tuesday (June 29). Get the Full Story Complete the...

B2B Payments
IBanFirst, Klarna Debut Open Banking For X-Border B2B Payments
June 29, 2021

Cross-border solution provider iBanFirst will roll out a new open banking service in partnership with Klarna, a Tuesday (June 29) press release said, which will streamline routine payment transactions and give a broad view of a corporation’s bank accounts. Get the Full Story Complete the...

B2B Payments
SMB Banking App NorthOne Ends Overdraft Fees
June 29, 2021

NorthOne has eliminated all non-sufficient funds and overdraft fees for its customers, the small business banking app said Tuesday (June 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
JPMorgan’s FinTech Spree Shows Investing Belongs To The Young
June 29, 2021

The future belongs to the young, goes the saying. And perhaps so, too, does the future of investing. 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...

B2B Payments
TravelPerk Teams With Divvy To Bolster Visibility Into T&E
June 29, 2021

TravelPerk and Divvy are teaming to provide a corporate travel and expense management experience with a tie-up between the two firms. TravelPerk attains the status of Divvy’s main travel partner via the collaboration, according to a Tuesday (June 29) announcement. Get the Full Story Complete...

eCommerce
Gamified eCommerce Platform Underground Cellar Protects Wineries By Reframing Value
June 29, 2021

For many consumers, wine is more than a beverage — it is a symbol. A high-value bottle of wine represents status and access, and knowledge of the many different factors that can make a bottle of wine valuable can be a symbol of social standing....

B2B Payments
Business Account Provider Tide Plans To Serve SMBs In India
June 29, 2021

United Kingdom-based FinTech Tide, which serves small- to medium-sized businesses (SMBs), is poised to step into the Indian market with an investment commitment of $100 million, CNBC TV18 reported. More than 200 staffers presently work for the company in India. Get the Full Story Complete...

Regulation
European Banking Authority Proposes Steps To Support RegTech Adoption
June 29, 2021

In a new report, the European Banking Authority (EBA) outlined proposals to encourage the adoption and use of RegTech in the EU — which, its providers argue, boosts efficiency and effectiveness and lessens the impact of regulatory changes. Get the Full Story Complete the form...

CFPB
CFPB Unveils New Rules To Protect Against Foreclosures
June 29, 2021

The Consumer Financial Protection Bureau (CFPB) unveiled new protections for mortgage holders two days before the federal ban on foreclosures was set to expire. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...