News

IPO
Fast-Casual Brands Prepare IPOs as Sector Bounces Back
May 24, 2023

With fast-casual chains’ stocks outperforming the restaurant industry, more brands, including Panera and Cava, are looking to capitalize on the industry’s recovery. 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...

Investments
Figure Raises $70 Million to ‘Deploy Humanoids Into the Workforce’
May 24, 2023

Artificial intelligence company Figure has raised $70 million toward its goal of commercialized, humanoid robots. 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
HSBC Hong Kong Debuts POS Financing for B2B Sales
May 24, 2023

The Hong Kong arm of banking giant HSBC has launched a B2B transaction financing tool. 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....

Retail
Shein Diversifies US Strategy, Launches Third-Party Marketplace and Pop-Ups   
May 24, 2023

With a passionate online following already under its belt, Shein is now setting its sights on expanding its influence in the U.S. In pursuit of this goal, the fast-fashion eTailer is launching a venture that involves the introduction of pop-up stores and the establishment of...

Retail
eCampus Capitalizes on Amazon’s Exit From Textbook Rental Space
May 24, 2023

eCampus.com says it is making the most of Amazon’s decision to end textbook rentals. 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
Report: NCR Considers Selling $2 Billion Digital Banking Business
May 24, 2023

NCR is reportedly weighing selling its digital banking unit ahead of its planned split. 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...

CFPB
CFPB: Citizens Bank to Pay $9 Million Fine Over Credit Card Billing Errors
May 23, 2023

The Consumer Financial Protection Bureau (CFPB) and Citizens Financial Group have reached a settlement on a CFPB complaint. 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...

Delivery
Shipt Launches Offers and Personalized Dashboard for Members
May 23, 2023

Shipt has launched exclusive offers and a personalized dashboard for members. 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...

Investments
CyberVadis Raises $7.5 Million for Third-Party Cyber Risk Management Platform
May 23, 2023

CyberVadis has raised 7 million euros (about $7.5 million) to grow its Third Party Cyber Risk Management 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...