News

Retail
ReturnQueen Founders Are on a Mission to Make Returns a Brand-Building Experience
July 05, 2023

Returns have long been a cumbersome process for consumers, commonly regarded as a task most of them detest. This intense dislike has gradually permeated through brands and retailers, impacting their overall profitability, albeit not in the conventional sense. Customers do engage in returns, but their...

Artificial Intelligence
Citi Says AI Will Personalize Treasury and Power Data-Readiness Teams
July 05, 2023

We are increasingly living in a data-driven economy, and businesses must keep up if they want to stay alive, much less compete. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Report: Shein in Talks With NYSE and Nasdaq About IPO
July 04, 2023

Online fast-fashion retailer Shein is reportedly working with investment banks about a possible public listing. 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
UK Could Make Overseas Banks Replace Branches With Subsidiaries
July 04, 2023

Great Britain’s central bank is considering new restrictions on international banks doing business in England. 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,...

Social Commerce
Meta’s Twitter Rival Threads Could Launch Thursday
July 04, 2023

Meta’s text-based Twitter competitor has a name and an apparent launch date. 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...

IPO
Nium Chief Executive Plans US IPO for 2025
July 04, 2023

Singapore-based payments FinTech Nium hopes to become a public company in two years. 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....

CFPB
CFPB’s Rule-Making Agenda Hints Summer May Get Heated for Big Tech 
July 04, 2023

The grills are hot.  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 agree to receive marketing...

Payment Methods
India’s Abound Raises $10 Million to Expand Remittance App
July 03, 2023

Indian cash-back and rewards app Abound has raised $10 million from the Times Group to expand its remittance offering. 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...

Artificial Intelligence
What the Metal CEO Wishes Every Company Knew About Data and Generative AI Models
July 03, 2023

Throughout history, the world’s greatest philosophers have argued whether nature tends toward disorder. 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....