News

Retail
Saks Global CEO to Exit Company as Bankruptcy Filing Nears
January 13, 2026

Saks Global is reportedly set to make its second leadership transition in two weeks. 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...

Security & Fraud
LSEG Debuts Trade Surveillance to Help Spot Financial Crime
January 13, 2026

Financial markets infrastructure provider LSEG has announced a new tool, called Trade Surveillance, designed to help spot and investigate market abuse and financial crime. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Wearables
Meta and EssilorLuxottica Consider Doubling Smart Glasses Production Capacity
January 13, 2026

Meta and eyewear maker EssilorLuxottica are reportedly considering doubling their capacity to produce Ray-Ban Meta smart glasses from 10 million to 20 million by the end of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
Kraken-Affiliated KRAKacquisition Plans to Go Public
January 13, 2026

Kraken-affiliated company KRAKacquisition Corp is the latest cryptocurrency firm planning to go public. 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
Mid-Tier Retailers Caught Between Amazon and Walmart
January 13, 2026

For decades, the retail industry was organized around a familiar axis: price versus experience, scale versus specialization, mass versus premium. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
HSBC Establishes Asset Management Business in UAE
January 12, 2026

HSBC has launched a United Arab Emirates (UAE) asset management business that it said will play a key role in its Middle East, North Africa and Turkey (MENAT) wealth franchise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
B2B Payments Make the Leap to Real Time in Latin America 
January 12, 2026

Digital payments in Latin America are transforming commercial transactions, as faster payment rails originally designed to broaden consumer access increasingly support business-to-business payments and deepen engagement with bank accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
The 3 Horsemen of B2B Progress: APIs, Data and AI
January 12, 2026

The B2B payments playbook has historically revolved around winning on cost. This made the landscape, in many ways, relatively transactional and adversarial. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Torq Raises $140 Million for Agentic AI-Powered Cybersecurity Platform
January 12, 2026

Torq raised $140 million in a Series D funding round to accelerate the adoption of its security operations center (SOC) platform for global enterprises and government agencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...