News

News
Grab Prepares for Layoffs Amid Slowing Growth
June 20, 2023

Singapore’s Grab is readying its largest round of job cuts in three years. 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....

Payment Methods
Pay-by-Bank Rewards Programs Can Build Stronger Consumer-Merchant Bonds
June 20, 2023

Driven as they are by payment choice, many consumers like the idea of account-to-account (A2A) transfers, known by several other names including pay by bank — but what’s missing is a rewards component that stands to drive greater adoption of this payment method. Get the...

Merchant Innovation
Cash Use Down 23% in Mexico, Cards Fill the Gap
June 20, 2023

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 receive marketing communications from PYMNTS and...

Retail
Apparel Producers Prep for Shrinking Sales as Consumers Cut Back
June 19, 2023

Clothing brands are reportedly cutting back on orders in anticipation of weakening sales. 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....

Banking
SVB Customers in Asia Still Stuck With Outstanding Loans
June 19, 2023

Silicon Valley Bank customers in Asia are reportedly facing dual headaches following the lender’s collapse. 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,...

B2B Payments
Buy Now Expanding B2B Platform for Japanese Fashion Industry Worldwide
June 18, 2023

Buy Now is expanding its B2B platform for the Japanese fashion industry 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...

Cross-border Payments
Afreximbank Expects Up to 20 Countries to Use Pan-African Payment System by Year’s End
June 18, 2023

As many as 20 countries may be part of a pan-African payment system by the end of the year. 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...

Banking
Original SVB Securities Team Plans to Buy It Back, Excludes MoffettNathanson
June 18, 2023

A management team bidder group plans to acquire SVB Securities from SVB Financial Group. 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
Petco and Snoop Dogg Play on Rapper’s Pooch Persona in New Campaign
June 17, 2023

Snoop Dogg and Petco have teamed up for a new pet health ad campaign that features the rapper portraying a humanized version of a Doberman pinscher. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...