News

Retail
Nike CEO John Donahoe to Retire, Succeeded by Longtime Executive Elliott Hill
September 19, 2024

The Nike board of directors has announced a leadership transition that will see Elliott Hill, the company’s former president for consumer and marketplace, who retired in 2020, return to the company as president and CEO. Get the Full Story Complete the form to unlock this...

Alternative Finances
Forward Financing Gains $450 Million Credit Facility for Revenue-Based Financing
September 19, 2024

Forward Financing has increased its existing $250 million credit facility to $450 million to support continued growth of its revenue-based financing for small businesses across the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
Adyen Offers Cinemark Moviegoers More Payment Options
September 19, 2024

Adyen said in a Thursday (Sept. 19) press release that it is now the official payments platform for theater chain Cinemark. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Report: Disney Cuts Ties With Slack After Data Heist
September 19, 2024

Disney reportedly plans to stop using workplace collaboration platform Slack following a recent data breach. 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,...

Regulation
Macquarie to Pay $79.8 Million to Settle SEC Fraud Charges
September 19, 2024

The Securities and Exchange Commission (SEC) said Macquarie Investment Management Business Trust (MIMBT) will pay $79.8 million to settle fraud charges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Loyalty & Rewards
Ascenda Adds Uber to Grow Rewards Network
September 19, 2024

Rewards network Ascenda says it is getting bigger with the help of Uber. 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....

B2B Payments
This Week in B2B: Realizing Operational Certainty Through Payments Innovation
September 19, 2024

The B2B landscape is full of what buyers and suppliers don’t know. 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 Aims to Apply Privacy Protections to Data Brokers
September 19, 2024

The Consumer Financial Protection Bureau (CFPB) will soon propose a rule that would apply privacy protections to data brokers, CFPB Director Rohit Chopra said Thursday (Sept. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Capmont Launches $111 Million Fund for B2B Tech Startups
September 19, 2024

Munich-based venture capital (VC) firm Capmont Technology has reportedly launched a $111 million fund. 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...