News

Banking
Will 2025 Open the Floodgates for Open Banking?
December 26, 2024

Among the key trends in financial services in 2024 — as will be the case for the next year (and beyond) — has been the shift to open banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Saks Promises ‘Innovation and Growth’ After Completing Neiman Marcus Acquisition
December 24, 2024

Saks Global has completed its previously announced acquisition of Neiman Marcus Group for a total enterprise value of $2.7 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....

Retail
Retailers Expect Higher-Than-Usual Return Rate as eCommerce Expands
December 24, 2024

As consumers finish up their holiday shopping for this year, retailers reportedly expect to see a lot of returns in January. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Seasonal Jobs Shift to Fulfillment Centers as Consumers Shop Online
December 24, 2024

Seasonal jobs are reportedly shifting from retail stores to eCommerce fulfillment centers as businesses respond to consumers’ changing holiday shopping habits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
Financial Services Regulation in 2025: More of the Same or Radical Shift?
December 24, 2024

This year was marked by a steady drumbeat of regulations and rules — and requests from regulators for information and comments from financial services players — touching on everything from credit card late fees to data sharing. Get the Full Story Complete the form to...

Retail
AI, Omnichannel and Social Commerce: Inside the 2024 D2C Transformation
December 24, 2024

The retail sector is witnessing changes, with direct-to-consumer (D2C) brands leading innovation. 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...

CFPB
CFPB Sues Rocket Homes, Alleging Illegal Kickback Scheme
December 23, 2024

Rocket Homes said Monday (Dec. 23) that it “will not rest” until it sees the dismissal of Consumer Financial Protection Bureau (CFPB) allegations that were announced Monday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Pre-Purchase Testing and Flexible Payments: Shaping the Future of Retail Transactions
December 23, 2024

As consumers rely more on online shopping, the importance of optimizing the payment process has never been more evident. With peak shopping periods like the holidays driving even higher consumer demand, retailers are focusing on pre-purchase testing and offering flexible payment options to ensure smooth...

Retail
Nordstrom Founding Family Takes Retailer Private in $6 Billion Deal
December 23, 2024

The Nordstrom family now owns the department store chain bearing their name. 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...