News

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...

B2B Payments
Corcentric and Riteload Offer Managed Payments for Carriers and Shippers
November 29, 2023

Procurement and finance solutions firm Corcentric teamed with Riteload, a trucking sector freight matching platform. 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,...

Investments
Web3 Infrastructure Provider Wormhole Valued at $2.5 Billion 
November 29, 2023

Wormhole, an interoperability platform for blockchains, has secured $225 million in a funding round, valuing the company at $2.5 billion.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

eCommerce
28% of US Consumers Shopped Exclusively Online on Black Friday
November 29, 2023

eCommerce continues to gain ground among Black Friday shoppers. 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,...