News

Investments
Cerby Raises $40 Million to Expand Identity Security Automation Platform
May 28, 2025

Cerby has raised $40 million in a Series B funding round to expand the capabilities and the adoption of its identity security automation platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
Shein Reportedly Looks to Hong Kong After Derailed UK IPO
May 28, 2025

Fast fashion retailer Shein has reportedly chosen a new location 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. By completing...

Cross-border Payments
Remitly CEO Says Digital Driving Remittances to New Heights Amid Economic Uncertainty
May 28, 2025

Uncertainty is the watchword of the current global macroeconomic environment. Tariffs are being raised, lowered, paused. GDP is slowing, almost no matter where you look. But there are some constants amid the turmoil. Get the Full Story Complete the form to unlock this article and...

Mobile Commerce
Mobile Phone Shoppers Are Mexican Merchants’ Best Friend
May 28, 2025

Over the past decade, annual growth in Mexico’s economy has zigzagged from 2.7% (in 2015) to minus 8.4% (2020) to 3.2% in 2023, IMF data shows. By contrast, Mexican consumers are on a straight upward trajectory when it comes to how they shop. Get the...

Banking
JPMorganChase Accelerates Rollout of Branch Format Catering to Affluent Clients
May 27, 2025

JPMorganChase is accelerating the rollout of the affluent banking offering it introduced late last year. 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,...

Banking
Citi to Sell Polish Consumer Banking Business Amid ‘Strategic Refresh’
May 27, 2025

Citi Handlowy, a Polish banking business that is majority-owned by a Citigroup subsidiary, plans to sell its consumer banking business to VeloBank S.A., a Poland-based universal bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
Drumbeat Gets Louder for Nonbank Regulations
May 27, 2025

Nonbanks have risen in stature and as key players in the global financial system, especially in the wake of the Great Recession earlier in the millennium. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Mastercard Helps Bahrain’s ila Bank Launch Loyalty Program
May 27, 2025

Mastercard has teamed with Bahrain-based ila Bank to help it introduce loyalty programs. 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...

Retail
Ulta Beauty’s AI Strategy Drives a 95% Customer Repurchase Rate
May 27, 2025

Ulta Beauty has built a fan following by making cosmetics accessible to the everyday shopper: It stocks not only premium brands but also mass-market cosmetics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...