Yoox Net-A-Porter (YNAP) is reportedly exiting China amid weak consumer spending in that country. 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....
As more baby boomers and seniors go online to get their banking done — making payments, investing and paying bills or taxes — the fraudsters are finding elder abuse of a financial nature to be quite lucrative. Get the Full Story Complete the form to...
As Gen Z shows an inclination for shopping from retailers’ own brands, major players are tailoring their private-label offerings to these young consumers’ desires and preferences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
After 30 years of barring foreigners from its banking sector, Ethiopia is reportedly considering allowing overseas banks to buy stakes in domestic lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Canary Technologies raised $50 million in a Series C funding round to support its deployment of artificial intelligence for the hospitality industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Target reportedly lost market share in several of its key product categories in the first quarter. 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,...
Layer3 raised $15 million in a Series A funding round to support its omnichain identity and distribution protocol that helps cryptocurrency consumers discover and earn rewards from projects. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Luxury brands in China are reportedly resorting to “unprecedented” discounts to sell unsold inventory and entice cautious Chinese consumers. 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...
It might not get the amount of play that real-time payments, open banking and artificial intelligence get, but the global payments industry reached a milestone recently when the U.S. CHIPS network, one of the world’s largest dollar clearing systems, completed its migration to the ISO...