News

B2B Payments
Hokodo and Fuse Collaborate to Enhance Credit Offering in UK
September 13, 2023

Hokodo, a provider of digital trade credit solutions, has joined forces with Fuse, an artificial intelligence (AI)-powered transaction analytics firm, to enhance Hokodo’s credit offering for businesses in the United Kingdom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
H&M Embraces Secondhand Retail With ‘Pre-Loved’ Collection
September 13, 2023

H&M is planning to sell secondhand clothing from its flagship London store. 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...

Retail
German Footwear Brand Birkenstock Announces Plans for IPO in New York
September 13, 2023

Birkenstock has filed to go public through an initial public offering (IPO) in New York. 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...

Retail
Best Foot Forward: Merrell, Saucony and Veja Turn to Scraps to Stay Relevant in Shoe...
September 13, 2023

Sustainability initiatives have ignited a transformative spark across the fashion industry, compelling brands and retailers to realign their strategies with the evolving values of environmentally conscious consumers.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Versatile Credit Lands Growth Investment From PSG
September 13, 2023

Credit platform Versatile Credit has earned the confidence of growth equity firm PSG. 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...

Banking
Nearly 70% of Consumers Prioritize Trust Over Convenience When Choosing a Bank
September 13, 2023

In the retail banking industry, convenience and trust are two pivotal elements that significantly influence customer satisfaction and the acquisition of new customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Hallmark Lets Consumers Venmo Gift Cards as DoorDash and Costco Up Digital Too
September 13, 2023

In today’s fast-paced world, gift-giving has become a convenient and versatile practice. Among the many options available, gift cards have emerged as the go-to choice for many. These small, plastic tokens offer a world of possibilities to the recipient, allowing them to choose what they...

Regulation
Connecticut Department of Banking Issues Guidance on Small Loan Rules
September 13, 2023

The Connecticut Department of Banking has issued new industry guidance regarding the Small Loan Lending and Related Activities Act. 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,...

Banking
Wells Fargo CFO Expects More Layoffs in Drive for Efficiency
September 12, 2023

Wells Fargo Chief Financial Officer Mike Santomassimo reportedly said that the bank could make further layoffs as it seeks to improve efficiency. 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...