News

Regulation
NY State Attorney General Proposes Legislation to Regulate Crypto Industry
May 05, 2023

New York State Attorney General Letitia James has proposed legislation to regulate the cryptocurrency 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,...

Investments
OpenTrade to Launch Platform for Investing in Tokenized Financial Assets 
May 05, 2023

OpenTrade has raised $1.5 million in a funding round for its platform for investing in tokenized financial assets. 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...

Security & Fraud
Equifax Launched Fraud Protection Tool for Small Businesses on Shopify
May 05, 2023

Equifax has launched a fraud protection tool for Shopify designed for small business merchants. 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...

International
Ant Group Reportedly Won’t Get Financial Holding Company License for Months
May 05, 2023

Ant Group may not see progress on its application for a license from China until the second half of the year or later. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Delivery
Alexa Powers Uber Eats Delivery Updates
May 05, 2023

Consumers can now ask Alexa for the status of their Uber Eats orders. 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,...

Mobile Payments
Block’s Cash App Hits 53 Million Monthly Active Users, Direct Deposits up 69%
May 05, 2023

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 communications from PYMNTS and...

Retail
Sofia Richie’s Wedding Gowns Lead to a 300% Surge in Online Searches for Chanel
May 05, 2023

In May 2022, luxury fashion label Chanel launched stores purely dedicated to top-paying clients. This move has since been made popular as even other luxury labels, who are known to target Gen Z and millennials. But beyond launching private stores, the fashion house has also...

Retail
How Amazon and Walmart Want to Shape the Future of Health and Wellness
May 05, 2023

Long gone are the days when Walmart and Amazon just sold 5-cent items and books. Each brand has branched into numerous categories, each serving as a type of battleground. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Sephora Asks Customers to Pay $25 for Their Own Birthday Perk
May 05, 2023

In times of inflation, nothing is safe. Not even freebies on your birthday. In the latest inflation stunt since costs on shipping is Sephora’s efforts to launch a $25 online purchase minimum in order to receive a birthday gift.   Get the Full Story Complete the form...