News

Investments
Hostaway Secures $365 Million to Expand Short-Term Rental Platform
December 17, 2024

Hostaway has secured a $365 million strategic growth investment to expand its vacation rental software and management system designed for short-term rental property owners and managers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Walmart Joins Forces With Meituan to Bolster Chinese eCommerce Unit
December 17, 2024

Walmart has teamed with China’s Meituan to fortify its eCommerce business in that country. 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...

Security & Fraud
Fraud Expert Claims Four Key Pillars of Risk Threaten Consumer and Merchant Circle of Trust
December 17, 2024

Trust is a balancing act as companies, banks and merchants collaborate to make everyday financial life and commerce a reality. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Lululemon Faces Challenges in Domestic Market Despite Global Success
December 16, 2024

For Lululemon, the third quarter of 2024 marked an interesting contrast in its performance across different regions. While the company saw impressive global growth, especially in international markets, its U.S. performance has raised concerns. Get the Full Story Complete the form to unlock this article...

Social Commerce
TikTok Asks Supreme Court for Emergency Injunction of US Ban
December 16, 2024

TikTok asked the Supreme Court on Monday (Dec. 16) for an emergency injunction of the U.S. law that would force the app’s owner to sell it or see it banned in the country. Get the Full Story Complete the form to unlock this article and...

Banking
FDIC Finds More ‘Problem Banks,’ Now at 3-Year High
December 16, 2024

The Federal Deposit Insurance Corp.’s roster of “problem banks” continues to grow. 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...

Security & Fraud
Rhode Island Urges Residents to Protect Personal Information Amid Data Breach
December 16, 2024

Rhode Island is urging the state’s residents to protect their personal information amid a data breach of RIBridges, a system that handles many of the state’s social services programs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
CARD.com Taps Visa Direct to Expand Financial Services Globally
December 16, 2024

CARD.com now enables its users to make cross-border payments via Visa Direct. 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...

CFPB
CFPB Finds ‘Range’ of Unlawful Student Loan Market Activities
December 16, 2024

A new regulatory report shows a variety of unlawful activity in America’s student loan market. 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,...