News

Retail
Bankruptcy Filing Highlights Deep-Rooted Issues in Big Lots’ Business Model
September 09, 2024

As Big Lots embarks on a Chapter 11 restructuring and prepares for acquisition by Nexus Capital Management, retail analysts are evaluating the company’s future amid a challenging market. They note this bankruptcy filing not only signals deep-rooted issues in Big Lots’ business model, but also...

Investments
Atomico Raises $1.24 Billion to Invest in European Technology Companies
September 09, 2024

Atomico raised $1.24 billion for two funds to invest in European technology companies. 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....

Regulation
Lloyds Calls for Swift End to British Car Loan Investigation
September 09, 2024

A U.K. banking executive says the country needs to resolve its unfair auto-lending practice investigation. 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,...

B2B Payments
Building B2B Ecosystems Helps Firms Grow Without Cannibalizing Core Offerings
September 09, 2024

In today’s uncertain operating environment, every dollar counts. 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 this form, you...

Security & Fraud
5 States Settle With GSB Group After Investigating Digital Assets Offering
September 09, 2024

Five states have settled their actions against organizations collectively known as GSB Group and their chairman of the board Josip Heit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

News
AI Expands Worker Capabilities, But Human Oversight Remains Key
September 09, 2024

Generative artificial intelligence (AI) is expanding workers’ capabilities far beyond their current skill sets, but experts warn that human oversight remains crucial to ensure quality and avoid pitfalls. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Finally Raises $200 Million to Bolster Small Business Finance Suite
September 09, 2024

Finance and human resources suite finally has raised $200 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 Today. By completing...

Banking
HSBC Reportedly Considers Commercial-Investment Bank Merger
September 09, 2024

Banking giant HSBC is reportedly considering a merger of its commercial and investment bank operations. 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,...

Banking
Bank of London Catches Up on Tax Payments After ‘Internal Miscommunication’
September 09, 2024

The Bank of London reportedly said Monday (Sept. 9) that it paid all its taxes after internal miscommunication caused a delay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...