Under Armour struggled to meet its revenue and sales targets in the first quarter of fiscal year 2023, but the sportswear retailer is confident in its long-term prospects and sticking to projections for the full fiscal year, considering the three-month period that ended June 30...
Cosmetics and skincare retailer Ulta Beauty is looking to improve its online and in-store experiences via the launch of a new $20 million innovation fund that will investment in emerging technology startups. According to a Wednesday (Aug. 3) company press release, the new Prisma Ventures will invest in tech...
More drivers are keeping their cars longer due to increasing interest rates and a precipitous drop in the stock of new cars, which is helping auto parts eCommerce retailer CarParts.com. The company reported a 12% year-over-year increase in its second-quarter sales to $176.2 million for...
Embedded finance startup Credit Fair raised $10 million in a debt and equity seed extension round it will use to grow its platform to advance financial inclusion across India, develop new technology and improve customer experience at the point of sale (POS). The new monies will also...
When payment gateways go down, transaction declines go up and customers' frustrations and defections aren't far behind. In the latest "Payments Orchestration Playbook," Ryan Ewers, COO at digital tee-time platform Supreme Golf, tells PYMNTS how important orchestration is in keeping declines to a minimum and...
South Korea has always been on the cutting edge of technology, giving rise to firms that have become household names such as Hyundai, LG and Samsung. These corporate giants are helping to usher in a high-tech future for the country, with everything from food delivery to...
Security firms are scrambling to assess total losses after hackers hit thousands of Solana wallets and drained millions in assets in an attack that started sometime late Tuesday (Aug. 2) and continued into Wednesday morning. Hackers got about $8 million from at least four Solana...
“Once you’ve been bitten by the payments bug, it’s an incurable disease. It never goes away.” Steve Ledford, retiring as senior vice president, product and strategy at The Clearing House (TCH), told PYMNTS’ Karen Webster that decades in the payments industry have given him a...
Eric Greenstein, product manager of compliance and fraud at Modern Treasury, told PYMNTS that the rules of anti-money laundering (AML) and the Bank Secrecy Act can be boiled down to one truism: If you don’t have a compliance program — geared toward battling money laundering...
