News

Retail
Saks Seeks Bankruptcy Protection and Names New CEO
January 14, 2026

Luxury retail company Saks Global has declared bankruptcy amid mounting debts. 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...

Payments Innovation
Card Program Complexity Puts Scale-or-Stall Pressure on Issuers
January 14, 2026

Card programs have become tools in modern payments, enabling banks, FinTechs and non-financial brands to extend financial services, deepen customer relationships and unlock new revenue streams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
High Earners Make Card Installments a Pay-Later Power Tool
January 14, 2026

Pay later is no longer a niche solution for cash-strapped consumers, as high earners increasingly use credit card installment plans to manage spending with precision and control. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Saks Global CEO to Exit Company as Bankruptcy Filing Nears
January 13, 2026

Saks Global is reportedly set to make its second leadership transition in two weeks. 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...

Security & Fraud
LSEG Debuts Trade Surveillance to Help Spot Financial Crime
January 13, 2026

Financial markets infrastructure provider LSEG has announced a new tool, called Trade Surveillance, designed to help spot and investigate market abuse and financial crime. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Wearables
Meta and EssilorLuxottica Consider Doubling Smart Glasses Production Capacity
January 13, 2026

Meta and eyewear maker EssilorLuxottica are reportedly considering doubling their capacity to produce Ray-Ban Meta smart glasses from 10 million to 20 million by the end of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
Kraken-Affiliated KRAKacquisition Plans to Go Public
January 13, 2026

Kraken-affiliated company KRAKacquisition Corp is the latest cryptocurrency firm planning to go public. 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
Mid-Tier Retailers Caught Between Amazon and Walmart
January 13, 2026

For decades, the retail industry was organized around a familiar axis: price versus experience, scale versus specialization, mass versus premium. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
HSBC Establishes Asset Management Business in UAE
January 12, 2026

HSBC has launched a United Arab Emirates (UAE) asset management business that it said will play a key role in its Middle East, North Africa and Turkey (MENAT) wealth franchise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...