News

Retail
LVMH Market Value Tops $500 Billion in 1st for Europe
April 24, 2023

Luxury retailer LVMH’s market value has surpassed $500 billion in a first for European firms. 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,...

Faster Payments
PYMNTS Intelligence: Merchants Can Ride Faster Payments to Improved Customer Loyalty
April 24, 2023

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, you agree to receive marketing communications from PYMNTS and...

News
SVB CEO and Finance Chief Tender Resignations
April 24, 2023

The chief executive and CFO of Silicon Valley Bank’s parent company have stepped down. 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
Türkiye Is Open for Global eCommerce, but New Regulation May Be a Hurdle
April 24, 2023

The Turkish eCommerce market is currently the 18th largest globally, with experts projecting more than $22 billion in sales this year. Throughout the next four years, this growth is expected to continue at a compound annual growth rate (CAGR) of 14.5%, fueled by a continuing...

B2B Payments
Companies Tap New Data Insights After Automating Business Payments
April 24, 2023

Intractable manual payment processing remains a significant pain point for many organizations, but the more companies experience automated payment processing, with the cost savings and valuable data it yields, the more they move to embrace it across the business. Get the Full Story Complete the...

POS Innovation
Eliminating Apps Will Fast-Track Cashierless Retail Adoption in Europe
April 24, 2023

Cashierless technology like Amazon Go is becoming increasingly commonplace in the retail world, driven by the ongoing effects of the pandemic and consumer demand for convenience and improved in-store experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Discount Stores Remodel to Capture Walmart Grocery Share
April 23, 2023

Major remodels by the country’s top two dollar store chains signals expectations for prolonged higher food prices. As reported by FT earlier this week (Apr. 19), both Dollar Tree and Dollar General each plan to increase the number of existing store renovations by double-digit percentages...

IPO
Johnson & Johnson Prepares to Test IPO Waters
April 23, 2023

Johnson & Johnson is reportedly readying an investors roadshow to take its commercial healthcare unit public. 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...

Banking
First Citizens to Woo Startups and Rebuild SVB Business Model
April 23, 2023

Silicon Valley Bank’s new owner faces two challenges: improving business while restoring the bank’s reputation. 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...