News

Cross-border Payments
Digital Wallets, Pay by Bank and Push to Card Can Transform Cross-Border Payments
January 19, 2024

Cross-border money movement’s digital makeover rests with a variety of endpoints. 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...

Retail
Wayfair Cuts 13% of Workforce While ‘Right-Sizing Its Cost Structure’
January 19, 2024

Wayfair is laying off 1,650 employees as part of its efforts around “right-sizing its cost structure.” 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...

Retail
Richemont’s Sales Soar on Strong Demand in China and Japan
January 19, 2024

Inflation-pressured consumers tend to cut back on their luxury purchases.  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 this...

Retail
Walmart and Amazon Get Back to Basics to Elevate Signature Shopping Experiences
January 19, 2024

In a world where Amazon and Walmart are always finding ways to go neck in neck, both retail giants are focusing on enhancing their established strengths this week.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
AI’s Commercialization Puts Enterprise Security Under the Microscope
January 19, 2024

Every technological advancement — including generative artificial intelligence — brings with it its own, updated variety of adversarial threats. 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...

Fintech Investments
FinTech IPO Index Skids 6.6% as Platforms Plunge Double Digits 
January 19, 2024

The Fed may not cut rates as soon as many on Wall Street would have hoped. 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...

Retail
Macy’s Cuts Workforce 3.5% While Preparing to Deploy New Strategy
January 18, 2024

Macy’s is reducing its workforce by 3.5%. 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 this form, you agree to...

B2B Payments
Cybrid Adds B2B Payment Capabilities to Embedded Finance API Solutions
January 18, 2024

Cybrid, a provider of embedded finance application programming interface (API) solutions, has expanded its Fintech API platform to include business-to-business (B2B) payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

IPO
Business Development Companies Consider IPOs as Valuations Surge
January 18, 2024

In recent months, business development companies (BDCs) have witnessed a surge in valuations, prompting several firms to opt for public offerings.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...