SEC Stablecoin Actions Take Aim at Crypto Market Backbone
SEC Stablecoin Actions Take Aim at Crypto Market Backbone
February 22, 2023  |  Cryptocurrency

Gary Gensler’s 2023 resolution must have been to reign in the crypto industry. This, as the U.S. Securities and Exchange Commission (SEC) chairman has issued...

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Phos and Thrive Team to Tap Into Contactless Payment Growth
Phos and Thrive Team to Tap Into Contactless Payment Growth
February 22, 2023  |  Payment Methods

Thrive Payments has teamed with point-of-sale firm Phos to deploy its contactless payment solution. According to a Tuesday (Feb. 21) news release, the deal lets...

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Planet42 Raises $100M to Expand Rent-to-Own Car Fleet
Planet42 Raises $100M to Expand Rent-to-Own Car Fleet
February 22, 2023  |  Investments

Rent-to-own car startup Planet42 hopes to add to its fleet after raising $100 million. The South African company also hopes to use the capital to...

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33% of US Retailers Plan to Add Real-Time Payments
33% of US Retailers Plan to Add Real-Time Payments
February 22, 2023  |  Retail

After three tumultuous years leading to a very uncertain 2023, retailers are innovating in key areas to improve customer journeys with advanced data approaches and...

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Mission Lane and Plaid Deliver Financial Tools to Underbanked Customers
Mission Lane and Plaid Deliver Financial Tools to Underbanked Customers
February 22, 2023  |  Financial Inclusion

Mission Lane and Plaid have expanded their partnership to deliver modern financial tools to underbanked customers. This open finance partnership will give Mission Lane’s 2...

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Grocery Shoppers Turn to Self-Checkout Amid Dissatisfaction With Traditional Experience
Grocery Shoppers Turn to Self-Checkout Amid Dissatisfaction With Traditional Experience
February 22, 2023  |  Retail

Research featured in PYMNTS’ latest Retail Tracker® shows shoppers have been let down at checkout. The Context The grocery industry, for its part, has been...

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Western Union and Regions Bank Extend Global Money Transfer Partnership
Western Union and Regions Bank Extend Global Money Transfer Partnership
February 22, 2023  |  Payment Methods

Western Union has decided to continue its 12-year-old partnership with Regions Bank. The two companies announced a five-year extension to their agreement Wednesday (Feb. 22), allowing consumers to use...

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Red Lobster Sells Frozen Meals as Consumers Cut Restaurant Spending
Red Lobster Sells Frozen Meals as Consumers Cut Restaurant Spending
February 22, 2023  |  Restaurant innovation

Red Lobster has launched a line of frozen meals as consumers rethink their restaurant spending amid inflation. The casual dining chain, which has more than...

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Target Invests $100M in Sorting Centers to Meet Fast Delivery Demand
Target Invests $100M in Sorting Centers to Meet Fast Delivery Demand
February 22, 2023  |  Retail

Target is making a $100 million bet on eCommerce by expanding its supply chain operations. The retailer announced Wednesday (Feb. 22) it would increase the...

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