News

Retail
Rite Aid Attributes Bankruptcy Return to Empty Shelves, Shopper Trade-Down
May 06, 2025

Rite Aid has claimed in a court filing Tuesday (May 6) that its inability to sustain a successful recovery and its subsequent return to bankruptcy protection is primarily due to sparsely stocked store shelves and to trade-down from lower-income consumers. Get the Full Story Complete...

Partnerships / Acquisitions
Tariff Worries Plunge M&A to Lowest Level Since 2009
May 06, 2025

Mergers and acquisitions (M&A) have sunk to their lowest level in 20 years, with deal-making now worse than during the Great Recession of 2008-09 and the COVID-19 pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Agree.com Raises $7.2 Million to Combine Payments and e-Signatures
May 06, 2025

e-Signature platform Agree.com has reportedly raised $7.2 million in new funding. 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...

B2B Payments
Nuvei and Sage Team to Bolster Construction Sector B2B Payments
May 06, 2025

Payments FinTech Nuvei is expanding its B2B payment capabilities for the construction sector. 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....

Retail
Instacart Introduces Alcohol-Focused Fizz App to Tap Gen Z Market
May 06, 2025

Instacart is reportedly rolling out an app targeting Generation Z consumers, centered around group orders of drinks and party snacks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
The Long Game: How a 6-Year-Old Backdoor Compromised the eCommerce Landscape
May 06, 2025

In the 21st-century enterprise, cybersecurity is no longer just a matter of firewalls and endpoint protection. It’s about the integrity of every line of code that flows through the digital supply chain. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Duna Raises $12 Million to Bolster Business Identity Platform
May 06, 2025

Duna, a business identity platform founded by two Stripe veterans, has raised $12.1 million. 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...

Investments
Wonder Aims to Expand Meal Prep Biz After Raising $600 Million
May 06, 2025

Grubhub and Blue Apron owner Wonder has reportedly raised $600 million in new funding. 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...

CFPB
CFPB Reportedly Reworking Biden-Era Open Banking Rule
May 06, 2025

The Trump administration is reportedly preparing to re-examine a Biden-era rule governing open banking. 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...