News

Retail
Hill Hearing Spotlights Retail Theft’s Wide-Ranging Impact on Merchants, Communities 
June 13, 2023

Call it the silent killer — of merchants’ bottom lines. 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...

Fintech Investments
Goldman Sachs Puts GreenSky Up for Sale: Potential Buyers Express Interest
June 13, 2023

Goldman Sachs is exploring strategic alternatives for its consumer arm and FinTech unit GreenSky as it scales down its retail ambitions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Overstock.com Offers $21.5 Million for Bed Bath & Beyond Assets
June 13, 2023

Overstock.com has put in a $21.5 million bid for some of Bed Bath & Beyond’s assets, including its intellectual property, business internet, and mobile properties, and all business data, CNBC reported Tuesday (June 13). Get the Full Story Complete the form to unlock this article...

Banking
JPMorgan Chase’s Consumer Deposits ‘Slightly Down’ Over Banking Crisis and Rates
June 13, 2023

The banking industry is facing several challenges concerning consumer deposits, according to Jennifer Piepszak, co-CEO of JPMorgan Chase’s consumer and community banking unit.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Apparel and Beauty Retailers Slash Prices in Response to Disappointing Earnings
June 13, 2023

It has been another rough quarter for nearly all merchants and retailers, but especially for businesses whose main sales center around nonessential items. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
93% of Credit Card Users Like It When Their Bank Supports Local Charities
June 13, 2023

Charity begins at home, or at least the general area of one’s home, and consumers show a penchant for supporting financial institutions (FIs) and banks that help those in need in the communities where they operate or have a physical presence. Get the Full Story...

News
NYC Raises Food Delivery Driver Minimum Wage in Ongoing Aggregator Tug-O’-War 
June 13, 2023

As aggregators, consumers, gig drivers and restaurants alike struggle to make the economics of on-demand food delivery work out in their favor, New York City is throwing its weight behind drivers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payment Methods
To Boost Merchant Offerings payabl Debuts Omnichannel POS Tool
June 13, 2023

Payment technology firm payabl. has debuted a point-of-sale solution that lets merchants accept online and offline purchases from one terminal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Corcentric Raises $315 Million Credit Facility to Grow Procurement Solution
June 13, 2023

Procurement and billing solutions firm Corentric has raised $315 million in capital. 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...