News

Banking
Adyen Receives Banking License From UK Regulators
September 07, 2023

Dutch FinTech Adyen is set to begin offering banking services in the United Kingdom. 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...

Cross-border Payments
Western Union Debuts ‘Concept Store’ For Jordan’s Foreign Labor Force
September 07, 2023

Western Union has launched a “concept store” in Jordan to support that country’s foreign-born workforce.  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...

eCommerce
Chamberlain Coffee: Gen Z Doesn’t Want to Wait Around for Their Java
September 07, 2023

As direct-to-consumer (D2C) coffee brands look to capture the loyalty of Generation Z, Chamberlain Coffee is finding that the more work they remove from the brewing process, the more these young consumers will keep coming back. Get the Full Story Complete the form to unlock this article...

Banking
LHV Bank Collaborates With Tuum on Small Business Lending
September 07, 2023

LHV Bank has implemented an upgraded loan system for its small and medium-sized business (SMB) lending division. 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...

Retail
Aspirational Shoppers Are Driving Luxury Scent Investments
September 07, 2023

The global perfume market is expected to grow to $69.25 billion by 2030. This promising trend has piqued Richemont’s interest, leading the company to invest more in the luxury fragrance sector and establish a beauty division.  Get the Full Story Complete the form to unlock...

Retail
American Eagle’s Urban Focus Boosts Intimates Appeal
September 07, 2023

At the end of last month, Victoria’s Secret proudly highlighted the concept of “less is more,” emphasizing its smaller format stores and streamlined inventory. American Eagle Outfitters (AEO) is now making a similar assertion, albeit for a straightforward reason: the growing resonance of its intimates line,...

Artificial Intelligence
OpenAI Plans Developer Conference as AI Use Grows
September 07, 2023

ChatGPT creator OpenAI said it will host “hundreds” of experts at its first developer conference this fall. 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...

Regulation
China Could Ban iPhone Use for State Agencies and Companies
September 07, 2023

China is reportedly planning a wide-ranging ban on Apple iPhones for government workers. 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...

Digital Banking
PYMNTS Intelligence: Countering Rising Fraud Threats to CUs
September 07, 2023

Fraud attacks against banks and credit unions (CUs) are nothing new, but consumers are taking them much more seriously than they used to. A study found that 74% of consumers rate fraud protection as a top-three priority when opening a new financial account, outstripping ease...