PYMNTS News

Richemont Has No Plan to Invest in Luxury Brand Farfetch
Richemont Has No Plan to Invest in Luxury Brand Farfetch
November 29, 2023  |  Retail

Cartier owner Richemont reportedly has no intention of investing in luxury retailer Farfetch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Nuvei Launches Card Issuing Solution in 30 Markets Across Europe
Nuvei Launches Card Issuing Solution in 30 Markets Across Europe
November 29, 2023  |  Payment Methods

Nuvei has launched its new card issuing solution in 30 markets worldwide. Get the Full Story Complete the form to unlock this article and enjoy...

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Peacock Pins Subscription Hopes on Instacart Partnership
Peacock Pins Subscription Hopes on Instacart Partnership
November 29, 2023  |  Subscriptions

Instacart is offering its Instacart+ members access to Peacock, a move that comes as subscription services increasingly tap partnerships across industries to expand their audiences....

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Q3 GDP Is Strong but Real Disposable Income Lags Spending Growth
Q3 GDP Is Strong but Real Disposable Income Lags Spending Growth
November 29, 2023  |  Economy

The latest report from the Bureau of Economic Analysis, released on Wednesday (Nov. 29), noted the U.S. economy grew 5.2% annualized, as measured in the...

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SoFi Turns Over Crypto Business to Blockchain.com
SoFi Turns Over Crypto Business to Blockchain.com
November 29, 2023  |  Cryptocurrency

SoFi says it is exiting the cryptocurrency business next month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Prompt Engineering for Payments AI Models is Emerging Skillset
Prompt Engineering for Payments AI Models is Emerging Skillset
November 29, 2023  |  artificial intelligence

“AI (artificial intelligence) will not take your job, someone using AI will take your job.” Get the Full Story Complete the form to unlock this...

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Corcentric and Riteload Offer Managed Payments for Carriers and Shippers
Corcentric and Riteload Offer Managed Payments for Carriers and Shippers
November 29, 2023  |  B2B Payments

Procurement and finance solutions firm Corcentric teamed with Riteload, a trucking sector freight matching platform. Get the Full Story Complete the form to unlock this...

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Mastercard’s Michelle Meyer Becomes Company’s Chief Economist
Mastercard’s Michelle Meyer Becomes Company’s Chief Economist
November 29, 2023  |  Personnel

Mastercard has named Michelle Meyer as its chief economist and head of its think tank. Get the Full Story Complete the form to unlock this article and enjoy...

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Web3 Infrastructure Provider Wormhole Valued at $2.5 Billion 
Web3 Infrastructure Provider Wormhole Valued at $2.5 Billion 
November 29, 2023  |  Investments

Wormhole, an interoperability platform for blockchains, has secured $225 million in a funding round, valuing the company at $2.5 billion.  Get the Full Story Complete...

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