News

Investments
Private Equity Firms Invest $162 Billion on ‘Pent Up’ Deal Supply
August 04, 2024

America’s private equity giants have reportedly invested $162 billion in anticipation of a deal-making revival. 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
Axiad Raises $25 Million to Bolster ID Verification Offerings
August 04, 2024

Identity security firm Axiad has raised $25 million in a new funding round. 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....

Loyalty & Rewards
Bilt Valued at $3.2 Billion as Rewards Program Grows
August 04, 2024

Loyalty rewards platform Bilt is valued at $3.2 billion after a new funding round. 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...

Banking
SVB’s Ex-Owner Ends Bankruptcy Amid FDIC Litigation
August 04, 2024

Silicon Valley Bank’s former owner has gotten a judge’s permission to end its bankruptcy. 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...

Retail
Chipotle VP: Guacamole-Inspired Makeup Boosts Brand’s Superfans’ Engagement
August 03, 2024

As brands tap partnerships to reach consumers in more parts of their day-to-day lives, Chipotle Mexican Grill is once again getting into the makeup game. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Alibaba to Launch AI-Powered Assistant to Facilitate B2B Sourcing
August 02, 2024

The Alibaba International Digital Commerce Group plans to launch an artificial intelligence (AI)-powered “conversational sourcing engine” in September. 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...

Security & Fraud
UK’s National Crime Agency Shuts Down Platform Enabling Scam Calls
August 02, 2024

The United Kingdom’s National Crime Agency (NCA) reported Thursday (Aug. 1) that it shut down a platform that was used to make 1.8 million scam calls to people in 107 countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Major Retailers Under Scrutiny After Amazon Forecasts Weak Sales
August 02, 2024

Analysts are reportedly awaiting earnings reports from major retailers with interest after Amazon’s latest results “sent a chill” through the sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Payments Innovation
They Said That: Notable Quotables for the Week of July 29
August 02, 2024

It was the thick of earnings season this week, but that didn’t mean PYMNTS’ interviews with key executives took a break. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...