Swedish open banking platform Open Payments plans to scale after raising $3.2 million. The growth round, as reported Wednesday (March 29) by EU Startups, will allow the Stockholm-based company to extend its offering to business-to-business (B2B) companies as it expands to new markets and picks...
This second-to-last installment of PYMNTS’ generational mini-series takes a closer look at the digital habits and behavior of bridge millennials. The cusp generation known as bridge millennials contains both older millennials and the youngest members of Generation X. These consumers are generally considered to have...
Kyriba and U.S. Bank have partnered to offer new payment methods, including instant and Zelle payments to their joint clients. With the implementation of application programming interface (API)-powered payment connectors from Kyriba, a provider of cloud-based payment solutions, businesses can send instant payments to vendors, customers and...
Few debates rage as fiercely today as how to protect bank customers — and how much protection they need. A trio of regulators appeared before the Senate Banking Committee on Tuesday (March 28) to discuss what went wrong at Silicon Valley Bank and Signature Bank,...
The Amazon and Walmart of pet product retailers — Chewy and Petco — know that pets are more than just animals to many people — they are companions and family members. Pet parents are more often than not willing to go to great lengths to...
Macy’s Chairman and CEO Jeff Gennette will retire in February 2024. He will be succeeded by Tony Spring, who was Macy’s executive vice president and Bloomingdale’s chairman and CEO and has now been appointed Macy’s president and CEO-elect and a member of the board of...
Discount retailer Dollar General is putting a new emphasis on beauty products. The company announced Wednesday it was unveiling “Beauty Reinvention,” a series of new store layouts in 300 stores that give shoppers an easier way to navigate its beauty and personal care items. “We...
Canadian athletic apparel company Lululemon Athletica Inc. reported impressive earnings for both the fourth quarter that ended Jan. 29 and full year 2022, indicating the demand for athletic wear has not waned. The company posted a 30% increase in net revenue for the fourth quarter,...
Tech layoffs are running rampant. With inveterate titans like Meta, Google and Microsoft laying off thousands of workers, many are beginning to wonder whether digital growth and consumers’ appetite for digital is starting to cool now that pandemic restrictions are a thing of the past....
