News

Partnerships / Acquisitions
TD Bank and First Horizon Scrap $13.4 Billion Merger
May 04, 2023

TD Bank and First Horizon Bank have called off their $13.4 billion merger. 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
Nordstrom Closes San Francisco Stores as Foot Traffic Falls
May 04, 2023

Nordstrom is reportedly shuttering two of its San Francisco stores amid declining foot traffic. 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...

eCommerce
CarParts.com CEO Says Data Horsepower Will Drive Disruption in the Auto Aftermarket
May 04, 2023

When the CV joint on your used car finally breaks, your first thought isn’t how data science and optimized supply chain figure into that repair. But they do, by ensuring that part is readily available and affordable, as the calculus of pouring money into used...

Loyalty & Rewards
Item-Level Data Helps Banks Stay Top of Wallet
May 04, 2023

At the intersection of digital channels and inflationary pressures, consumers are demanding more value from merchants. 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...

Retail
Latest Fed Hike May Stymie Retailers’ Efforts to Clear Inventories
May 03, 2023

We’ve reached a milestone with interest rates — and by extension, retailers may find it tougher to sell their inventories. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
PacWest Bancorp Reportedly Considering Options as Stock Price Plummets
May 03, 2023

PacWest Bancorp has reportedly been considering a sale, a breakup or a capital raise. 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...

Loyalty & Rewards
Prizeout Adds Rewards to Tandem’s Expense-Sharing App
May 03, 2023

Prizeout and Tandem have partnered to boost the purchasing power of couples who split expenses. 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,...

eCommerce
MercadoLibre Sees Growth in Commerce and Financial Services in Latin America
May 03, 2023

MercadoLibre says it’s taking advantage of growth opportunities in Latin America. 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...

Retail
Convenience Drives Grocery Shopping Choices for 8 in 10 Consumers
May 03, 2023

As consumers weigh where to buy their groceries, ease and convenience are the top priorities. 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,...