News

B2B Payments
Provi Expanding B2B Payment Platform for Alcohol Beverage Industry
May 03, 2023

Provi is expanding its electronic payment offering designed for the beverage alcohol industry. 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...

Investments
OpenEnvoy Raises $15 Million to Grow AP Automation Solution
May 03, 2023

OpenEnvoy has raised $15 million in Series A financing to grow its accounts payable (AP) automation solution. 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...

Payment Methods
Uber and Stripe Expand Partnership to Enable Pay by Bank
May 03, 2023

Uber and Stripe have expanded their strategic payments partnership across the United States, Australia and Japan. 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...

Investments
Tarabut Gateway Raises $32 Million to Expand Saudi Open Banking
May 03, 2023

Open banking platform Tarabut Gateway hopes to expand in Saudi Arabia after raising $32 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,...

Security & Fraud
Businesses Buckle Up as Real-Time Fraud Attempts Spike 92%
May 03, 2023

Fraud is growing faster, which means organizations’ defenses need to constantly be evolving. 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
European Luxury Retailer Openings Jump 77% as China Sees ‘Softening’
May 03, 2023

Luxury store openings in Europe skyrocketed last year as global travel resumed. 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...

Retail
Adams Golf Shifts to D2C-Only Sales to Reach ‘Modern Golfers’
May 03, 2023

Aiming to reach a new generation of golfers, Adams Golf has moved fully online. 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...

Retail
Simon Property Group’s Strong Start to 2023 Suggests Malls Are Here to Stay 
May 03, 2023

Simon Property Group (SPG), the largest shopping center manager and developer in the United States, has had a favorable start to the year, as indicated in its first-quarter report on Tuesday, which presented gains across different metrics. However, one question remains: Are people still shopping...

Retail
Francesca’s Lures Gen Z and Millennials With Acquisition of Richer Poorer 
May 03, 2023

Francesca’s, a boutique clothing chain, has acquired the lifestyle brand Richer Poorer as part of its strategy to appeal to millennial and Gen Z women. The acquisition aims to expand the retailer’s channel reach by taking advantage of its strong wholesale network, as well as...