News

Regulation
FTC Finalizes ‘Bait and Switch’ Rule for Event Ticketing and Lodging Sectors
December 17, 2024

The FTC has unveiled a rule blocking “bait-and-switch” pricing for hotels and concert tickets. 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...

B2B Payments
Morgan Stanley Taps Wise Platform to Accelerate Cross-Border Settlements
December 17, 2024

Morgan Stanley will offer its clients high-speed cross-border settlements through Wise 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 our daily newsletter, PYMNTS Today. By...

Investments
Nubank Helps Digital Lender Tyme Reach $1.5 Billion Valuation
December 17, 2024

South Africa-based digital bank Tyme has achieved unicorn status with the help of fellow FinTech Nubank. 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....

Investments
Hostaway Secures $365 Million to Expand Short-Term Rental Platform
December 17, 2024

Hostaway has secured a $365 million strategic growth investment to expand its vacation rental software and management system designed for short-term rental property owners and managers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Walmart Joins Forces With Meituan to Bolster Chinese eCommerce Unit
December 17, 2024

Walmart has teamed with China’s Meituan to fortify its eCommerce business in that country. 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...

Security & Fraud
Fraud Expert Claims Four Key Pillars of Risk Threaten Consumer and Merchant Circle of Trust
December 17, 2024

Trust is a balancing act as companies, banks and merchants collaborate to make everyday financial life and commerce a reality. 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
Lululemon Faces Challenges in Domestic Market Despite Global Success
December 16, 2024

For Lululemon, the third quarter of 2024 marked an interesting contrast in its performance across different regions. While the company saw impressive global growth, especially in international markets, its U.S. performance has raised concerns. Get the Full Story Complete the form to unlock this article...

Social Commerce
TikTok Asks Supreme Court for Emergency Injunction of US Ban
December 16, 2024

TikTok asked the Supreme Court on Monday (Dec. 16) for an emergency injunction of the U.S. law that would force the app’s owner to sell it or see it banned in the country. Get the Full Story Complete the form to unlock this article and...

Banking
FDIC Finds More ‘Problem Banks,’ Now at 3-Year High
December 16, 2024

The Federal Deposit Insurance Corp.’s roster of “problem banks” continues to grow. 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...