News

Retail
Five Below Says ‘Value and Fun’ Drive Better-Than-Expected Sales
November 29, 2023

Specialty discount retailer Five Below said it is driving sales by offering customers both value and fun. 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,...

Regulation
Rep. Patrick McHenry Says CFPB Vilifies Financial Services Industry
November 29, 2023

House Financial Services Committee (HFSC) Chairman Patrick McHenry of North Carolina said Wednesday (Nov. 29) the Consumer Financial Protection Bureau (CFPB) is serving as a political actor rather than an independent financial regulator. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Treasury Department Seeks Expanded Powers to Combat Illicit Finance
November 29, 2023

The Department of the Treasury is seeking expanded powers to combat the use of digital assets in illicit finance. 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...

eCommerce
More Men Than Women Order Groceries Online
November 29, 2023

In today’s digital-first economy, online shopping has become increasingly popular across various sectors. However, when it comes to online grocery shopping, there is a gender divide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
FDIC Reports Banks Remain Resilient as Net Income Stays High
November 29, 2023

The aggregate net income for the 4,614 Federal Deposit Insurance Corporation (FDIC)-insured institutions during the third quarter was $68.4 billion, representing a 3.4% decrease from the previous quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Foot Locker: Sales Bump Shows Personalized Retail a Good Fit
November 29, 2023

Foot Locker saw strong financial results over Thanksgiving weekend, and the sneaker and sportswear retailer decided to make a quick pivot in its full-year forecast, showing slightly improved sales trends attributed to its new approach to its retail stores, which aim to offer more than...

Retail
Richemont Has No Plan to Invest in Luxury Brand Farfetch
November 29, 2023

Cartier owner Richemont reportedly has no intention of investing in luxury retailer Farfetch. 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...

Payment Methods
Nuvei Launches Card Issuing Solution in 30 Markets Across Europe
November 29, 2023

Nuvei has launched its new card issuing solution in 30 markets worldwide. 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...

Investments
Oxx to Invest $190 Million in European B2B SaaS Scaleups
November 29, 2023

Oxx has raised $190 million to invest in European B2B software-as-a-service (SaaS) companies at the scale-up stage. 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...