News

Retail
Brands Unveil Live Events as Consumers Spend More on Experiences
June 18, 2024

As consumers splurge on experiences while being more conservative in their retail spending, brands are finding that if they want to capture the public’s enthusiasm — and by doing so, their spending power — they may want to get into the live event space. Get...

Investments
Kapitus Raises $45 Million to Expand Small Business Financing Options
June 18, 2024

Kapitus has closed a $45 million investment-grade corporate note financing and will use the proceeds to expand its financing options for small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Digital Banking
Treasury Prime Partner Marketplace Adds FS Vector’s Compliance Training Resources
June 18, 2024

The Treasury Prime Partner Marketplace now includes FS Vector’s regulatory compliance training platform Headmaster. 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...

Banking
Nonbank Lenders Pose Risks to Traditional Banks as Private Credit Surges
June 18, 2024

Coming into 2024, PYMNTS spotlighted the appeal of private credit, also known as private debt, issued to corporates, and which offered up, and still offers, a capital lifeline to sustain operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Loyalty & Rewards
Starbucks and Marriott Team on Loyalty Rewards
June 18, 2024

Starbucks has teamed with Marriott’s marketplace Bonvoy to offer benefits to loyalty members. 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
Malls Stake Their Claim on Legacy Retailers With Express Buyout
June 18, 2024

Facing an ongoing existential threat from digital-native platforms, malls are doing everything in their power to keep legacy retailers alive — including staking millions to revive a bankrupt fashion chain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Kleinfeld Bridal Debuts Pre-Owned Wedding Dress Marketplace
June 18, 2024

Bridal retailer Kleinfeld Bridal has introduced an online marketplace for pre-owned wedding dresses. 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....

Banking
Prometeo Launches Bank Account Validation Offering for US Market
June 18, 2024

Latin American FinTech Prometeo has launched its Bank Account Validation (BAV) offering for the U.S. market. 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...

Investments
Mexican Payments/Commerce Platform Clip Raises $100 Million
June 18, 2024

Mexico-based digital payments/commerce platform Clip has raised $100 million in new funding. 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...