PacWest Bancorp has reportedly been considering a sale, a breakup or a capital raise. The regional bank has been considering these options, but hasn’t made a decision, as its stock price has fallen after the collapse of three other regional banks, Bloomberg reported Wednesday (May...
Prizeout and Tandem have partnered to boost the purchasing power of couples who split expenses. With this new collaboration, couples who use the expense-sharing app Tandem can choose to “settle up” through Prizeout, where they will see money-saving offers from merchants that are customized for...
MercadoLibre says it’s taking advantage of growth opportunities in Latin America. The Latin American eCommerce giant saw its net revenues rise 58% year over year during the quarter ended March 31, MercadoLibre said in a Wednesday (May 3) letter to shareholders. “MercadoLibre has had a...
As consumers weigh where to buy their groceries, ease and convenience are the top priorities. By the Numbers Research from PYMNTS’ study “Consumer Inflation Sentiment Report: Higher Prices Fuel a Deal-Seeking Competition,” which drew from a survey of more than 2,100 U.S. consumers in February,...
The Federal Trade Commission (FTC) has proposed several restrictions on Meta. Saying the firm has violated a 2020 privacy order issued when it was still called Facebook, the regulator has proposed a blanket prohibition against monetizing data of children and teens under 18 and a...
With restaurant aggregator customers typically ordering from the same few spots, eateries are missing out on a valuable opportunity to build direct digital relationships with consumers. Research from PYMNTS’ study “Connected Dining: Third-Party Restaurant Aggregators Keep the Young and Affluent Engaged,” which drew from a...
BioCatch says investment firm Permira has acquired a “significant” stake in its fraud detection company. The company, which has offices in New York and Tel Aviv, announced Permira’s acquisition Wednesday (May 3), noting it was now BioCatch’s third largest shareholder after Bain Capital and Maverick...
In an effort to embed its offerings more deeply in consumers’ day-to-day routines, The Kroger Co.is expanding its digital presence beyond grocery. The grocery giant announced Wednesday (May 3) the launch of sushi and floral arrangement deliveries via the aggregator from more than 1,400 stores,...
Provi is expanding its electronic payment offering designed for the beverage alcohol industry. The company’s ProviPay, which is currently available to select retailers in Colorado and Texas, has evolved to adhere to state-specific payment regulations and will be rolled out in select markets throughout the United States...
