News

Investments
Treasury Management FinTech Embat Raises $15.96 Million to Expand Globally
February 27, 2024

Embat, a FinTech company based in Madrid, Spain, has raised 14.7 million euros ($15.96 million) in a Series A 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....

Retail
Marriott Lets Members Redeem Points for Taylor Swift Concert Tickets
February 27, 2024

Marriott International’s loyalty program, Marriott Bonvoy, is now enabling members to redeem points to see a concert on Taylor Swift’s The Eras Tour. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Hasbro Cuts Costs, Emphasizes Core Products as Toy Sales Dip
February 27, 2024

In a bid to navigate through tough times, Hasbro is sharpening its focus on cutting costs to revive its toy and game business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Nearly Half of Financial Institutions Believe Open Banking Risks Outweigh Rewards
February 27, 2024

Nearly half of financial institution executives are concerned that open banking may not be a positive value proposition — especially in an environment of increasing fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Macy’s Shuttering 150 Stores With Shoppers ‘Still Under Pressure’
February 27, 2024

Macy’s plans to close 150 of its stores as it focuses on its luxury brands. 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...

Digital Banking
Enfuce Wins eMoney License From British Regulator
February 27, 2024

Finland-based payment processor Enfuce is expanding its operations in the United Kingdom. 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...

Retail
Macy’s Looks to Digital to Mitigate Impact of Store Closures on Loyalty
February 27, 2024

As Macy’s closes locations by the hundreds, the retailer is turning to digital to keep customers engaged even as they lose their local, physical stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
Report: Shein Mulling UK IPO, Deeming US Approval Unlikely
February 27, 2024

Shein is reportedly rethinking its U.S. initial public offering (IPO) due to regulatory resistance. 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....

eCommerce
Perfect Corp: AR Try-On Reduces Returns for eCommerce Beauty Brands 
February 27, 2024

As eCommerce merchants look for new ways to reduce the costs and inefficiencies of returns, Perfect Corp. sees augmented reality (AR) as a key solution, mitigating consumers’ dissatisfaction with their products when they arrive.  Get the Full Story Complete the form to unlock this article and...