News

Retail
Francesca’s Lures Gen Z and Millennials With Acquisition of Richer Poorer 
May 03, 2023

Francesca’s, a boutique clothing chain, has acquired the lifestyle brand Richer Poorer as part of its strategy to appeal to millennial and Gen Z women. The acquisition aims to expand the retailer’s channel reach by taking advantage of its strong wholesale network, as well as...

Retail
Tech Giants See Boost in Advertising Revenue, but Will It Last? 
May 03, 2023

Recent quarterly reports indicate that major tech companies such as Amazon and Meta have experienced a boost in advertising revenue, suggesting a possible recovery of the digital advertising industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Adore Me Teams With Walmart to Reach New Customers
May 03, 2023

Adore Me has teamed with Walmart to expand its direct-to-consumer (D2C) lingerie brand. 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
Regional Banking Crisis Just Beginning: Ex Fed Official
May 03, 2023

An ex-Federal Reserve official said America’s regional banking crisis hasn’t yet passed. 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...

Banking
KMPG’s Auditing Scrutinized After Trio of Bank Failures
May 03, 2023

America’s biggest bank auditor is reportedly under fire after a trio of high-profile banking failures. 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,...

Retail
Businesses Turn to Shopping Data to Find Their Best Customers
May 03, 2023

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus on. Brad Wiskirchen, GM and SVP of Kount, an Equifax Company, says businesses need to focus on finding the customers...

Banking
Why SocGen’s B2B Marketplaces Strategy Needed FinTech
May 03, 2023

Online business-to-business (B2B) marketplaces are fast growing in popularity, helping to accelerate digital payment innovation in the business space. According to a research study by McKinsey, global sales generated via these platforms are expected to quadruple from $1 trillion to $4 trillion between 2020 and...

Banking
Wells Fargo CEO Says Deposit Insurance Shouldn’t Go Too Far
May 02, 2023

Raising the level of deposit insurance for banks should not go too far. 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
Investors Remain Wary of Regional Banks After First Republic Sale
May 02, 2023

Investors remain concerned about the future of regional banks. 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,...