HanesBrands Inc. posted $1.51 billion in net sales from continuing operations for the first quarter concluding April 3, 2021, marking a 25 percent jump from $1.20 billion for the timeframe concluding March 28, 2020, according to a Tuesday (May 11) announcement. Get the Full Story Complete...
Consumers are continuing the pandemic-fueled habit of paying off credit card balances, a practice that now has bankers more than a little worried, The Wall Street Journal reported Tuesday (May 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Financial institutions of all sizes are waking up to the demand among their business clients for diverse product offerings and a better user experience. And rather than allow FinTechs to capitalize on those needs, traditional financial institutions (FIs) want in on the action. Get the...
Amid an ecosystem of accelerating FinTech innovation and intensifying market volatility, corporate treasurers are taking a hard look at their banking relationships. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
With the Federal Reserve exploring how to streamline FinTechs’ access to the payment system, a new wave of financial services competition could be on the horizon. This week’s look at the latest in open banking initiatives explores how financial institutions (FIs) are readying their systems...
Monterey-Salinas Transit (MST) will now allow bus riders to pay fares using contactless solutions, becoming the first California transit agency — and the first system outside a major metropolitan area — to offer tap-to-pay fares, according to a press release emailed to PYMNTS. Get the...
Global identity platform Acuant, which works for fraud prevention and anti-money laundering (AML) compliance, has partnered with Chainalysis, a blockchain analysis company, to boost risk assessment, automated workflows and safer transactions among companies, a press release emailed to PYMNTS said. Get the Full Story Complete...
The only thing harder than building new tools is knowing exactly what to do with them once they’re actually built. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
In today’s top payments news around the world, Gojek has reportedly raised $300 million in investment funds, while Elm is reportedly looking at an approximately $2 billion initial public offering (IPO). Plus, Munich Airport launched PayPal QR Code for mobile, cashless purchases. Get the Full...
