News

Payment Methods
India’s Abound Raises $10 Million to Expand Remittance App
July 03, 2023

Indian cash-back and rewards app Abound has raised $10 million from the Times Group to expand its remittance offering. 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...

Artificial Intelligence
What the Metal CEO Wishes Every Company Knew About Data and Generative AI Models
July 03, 2023

Throughout history, the world’s greatest philosophers have argued whether nature tends toward disorder. 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....

Digital Banking
Revolut Launches in New Zealand With Waitlist of 26,000
July 03, 2023

British financial app Revolut has launched in New Zealand. 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 this form,...

B2B Payments
ABN AMRO Bank Deploys Trade Finance Automation Solution From CBA
July 03, 2023

ABN AMRO Bank has gone live with a Commercial Banking Applications (CBA) solution for trade finance processes. 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...

Investments
Statement Raises $1.9 Million for Payments Marketplace for Small Businesses
July 03, 2023

Statement has raised 1.5 million pounds (about $1.9 million) for its platform that connects small businesses and payments providers. 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...

Retail
Klarna and Stellar Debut Virtual Shopping Tool for eCommerce Merchants
July 03, 2023

Klarna and retail experience agency Stellar Global have teamed to debut a virtual shopping solution for eCommerce brands. 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...

Loyalty & Rewards
Chicken Salad Chick CEO Sees Restaurants Put Discounts on the Menu to Win Back Customers
July 03, 2023

Restaurants have raised prices considerably in recent years, and they are finding that to get their customers back, they must increase their discounting efforts, according to Chicken Salad Chick President and CEO Scott Deviney. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
H&M, Shein Explore New Retail Model With Third-Party Brands
July 03, 2023

The announcement that H&M and Shein are diversifying their offerings through third-party assistance (brand incorporation or sellers) isn’t unusual because now when a consumer shops on Shein they can find a house appliance to go hand in hand with their summer crop top (It’s not...

Loyalty & Rewards
Banks Try Digital Gift Cards to Turn Everyday Spend Into Loyalty Perk
July 03, 2023

Today’s hostile macroclimate is proving to be historically hungry for consumers’ purchasing power. 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....