News

Regulation
Tracking Big Tech’s Responses to the EU’s DMA Gatekeeper Requirements
March 20, 2024

Under the EU’s Digital Market Act (DMA), which is intended to increase competition in the digital economy, Big Tech innovations — coming from both the U.S. and abroad — are finding themselves reshaped as companies scramble to comply with the new set of regulations which...

Investments
PayPal-Backed NX Technologies Raises $24 Million to Streamline Automotive Payments
March 20, 2024

NX Technologies raised 22 million euros (about $24 million) in a Series B funding round led by PayPal Ventures. 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...

Retail
Consumers Demand More Guidance From Jewelers Amid Budgetary Pressures
March 20, 2024

As financial pressures prompt consumers to make difficult decisions about what they can afford when it comes to luxuries such as diamonds, Signet Jewelers is seeing increased demand for assistance and consultation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
The Power of Precision: Driving Revenue From B2B Customer Data
March 20, 2024

The B2B landscape is a complex and multifaceted, but above all, it is incredibly valuable. There are trillions of dollars in play — representing a total addressable market (TAM) that is multiples of the value of the B2C landscape. Get the Full Story Complete the...

Cross-border Payments
Trustly and MoneyGram Launch Cardless Cross-Border Payments in Europe
March 20, 2024

Trustly and MoneyGram International have partnered to enable millions of MoneyGram users in Europe to make cardless international money transfers. 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...

IPO
Will Bumper Crop of IPOs Take Cue From Busted FinTech Offerings?
March 20, 2024

Investors may be gearing up for an initial public offering (IPO) renaissance, but if PYMNTS’ FinTech IPO Index serves as any harbinger: Caveat emptor. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Macy’s, Nordstrom Eye Private Ownership While Adapting to Retail Market
March 20, 2024

The U.S. retail industry may be on the brink of a significant transformation as department store chains Nordstrom and Macy’s consider a shift toward private-equity or hedge-fund ownership. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Digital Banking
Money Mobility and Embedded Payments Recast the Concept of Banking
March 20, 2024

Ingo Payments CEO Drew Edwards told PYMNTS’ Karen Webster that the very definition of what a bank is — what it does and what it can do — is changing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
Embedded Solutions Spur Demand for Card-Based Installments
March 20, 2024

Colin Mellon, chief commercial officer at Splitit, told PYMNTS that installment plans, when linked to traditional card-based payments, can offer benefits throughout the commerce ecosystem. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...