News

Investments
Nala Raises $40 Million to Expand Consumer Business Beyond Africa
July 12, 2024

Nala raised $40 million in a Series A funding round to expand its consumer business beyond Africa and to build its B2B payment platform for Africa. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
FTC Warns Franchisors About Junk Fees
July 12, 2024

The Federal Trade Commission (FTC) warned franchisors Friday (July 12) that non-disparagement clauses and the imposition of previously undisclosed fees are against the law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Payments Innovation
They Said That: Notable Quotables From the Week of July 8, 2024
July 12, 2024

PYMNTS reporters, analysts and writers do dozens of interviews every week to bring you the editorial package that is PYMNTS and PYMNTS Intelligence. While they all inform our coverage, some of them rise above the others in terms of candor and insight. Get the Full...

Retail
Malls Add EV Chargers to Woo Affluent Shoppers With Spare Time
July 12, 2024

Around the world, malls are adding new electric vehicle (EV) charging stations to attract the high-income shoppers who own them and to get them to spend more time on site. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
British Consumers’ Complaints About Banking Sector Rise Amid Record-High Fraud
July 12, 2024

British consumers have more complaints about the banking sector across the board than they did a year ago. 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...

Retail
Target Bolsters in-Store Experiences Through Strategic Collaborations
July 12, 2024

Target is facing increased competition from online retailers with faster delivery and a wider selection of products. Customers are also shopping less frequently in physical stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cross-border Payments
TerraPay and YeePay Partner on Cross-Border Payment Solutions
July 12, 2024

TerraPay and YeePay have partnered to enhance cross-border payment solutions for customers. 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...

B2B Payments
How Value-Added Services Are Transforming B2B Payments
July 12, 2024

B2B payments are famously never just payments, but a sophisticated combination of workflows and data. 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,...

Retail
Report: Barneys New York Aims to Expand Product Offerings, Distribution
July 12, 2024

Barneys New York reportedly plans to expand both its product offerings and its distribution if the planned acquisition of Neiman Marcus Group by the owner of Saks Fifth Avenue is completed. Get the Full Story Complete the form to unlock this article and enjoy unlimited...