Partnerships
Square Teams With Sysco to Bolster Restaurant Technology
December 19, 2024

Square has launched a partnership with foodservice distributor Sysco to provide restaurants with better technology. 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,...

Acquisitions
Payments Processor PayRetailers Expands in Brazil With Transfeera Acquisition
December 19, 2024

PayRetailers, a payments processor serving Latin America and Africa, acquired business payments FinTech Transfeera. 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 On Alert for ‘New Sketchy Fee Tactics’ From Companies
December 19, 2024

The Consumer Financial Protection Bureau (CFPB) is monitoring the consumer financial marketplace to spot companies’ attempts to charge junk fees in new ways after the regulator cracked down on older methods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Earnings
Darden Restaurant Sales Grow Despite Fine Dining Pullback
December 19, 2024

Darden Restaurants’ sales climbed this quarter despite diners shying away from its fine-dining establishments. 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...

Retail
Big Lots Says Previously Announced Sale Has Fallen Through
December 19, 2024

Big Lots said Thursday (Dec. 19) that it is preparing to begin going out of business (GOB) sales at all its remaining stores after determining that it no longer expects to complete its previously announced sale to Nexus Capital Management. Get the Full Story Complete the...

Earnings
CarMax Leverages Omnichannel Strategy to Drive Customer Experience
December 19, 2024

While CarMax reported solid third-quarter results Thursday (Dec. 19), including a 5.4% increase in retail used unit sales and a 6.3% rise in wholesale unit sales, company officials attributed this growth to strong execution across its business model, led by its omnichannel strategy. Get the...

B2B Payments
This Week in B2B: New Year, New Back-Office Innovations
December 19, 2024

The B2B payments landscape is at a pivotal juncture as 2025 approaches. 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...

IPO
Report: Chime to Go Public in 2025 After Submitting Confidential Filing
December 19, 2024

Chime Financial reportedly submitted a confidential filing for an initial public offering (IPO). 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...

artificial intelligence
Homeland Security Head Criticizes EU’s ‘Adversarial’ AI Approach
December 19, 2024

America’s homeland security chief is reportedly worried about the European Union’s approach to AI regulation. 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,...