Bankrupt David’s Bridal Seeks Buyer or Will Shut Down
Bankrupt David’s Bridal Seeks Buyer or Will Shut Down
April 17, 2023  |  Retail

David’s Bridal, a privately owned specialty retailer, will be forced to close all of its stores unless it finds a buyer to continue operating the...

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Bank of England Hints at Limits on Stablecoin Payments  
Bank of England Hints at Limits on Stablecoin Payments  
April 17, 2023  |  Cryptocurrency

Rattled by the collapse of Silicon Valley Bank, the crypto winter of 2022, and unnerved at the prospect of crypto assets being widely used as...

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What Macro Challenges? S&P 500 Firms Trounce First Quarter Estimates
What Macro Challenges? S&P 500 Firms Trounce First Quarter Estimates
April 17, 2023  |  Earnings

Big banks are kicking off earning season in style. This despite a first quarter 2023 that was anything but sedate, with the collapses of Silicon...

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FTC Says Proposed Consent Decree Prohibits Nexway From Helping Scammers
FTC Says Proposed Consent Decree Prohibits Nexway From Helping Scammers
April 17, 2023  |  Security & Fraud

A proposed consent decree will prohibit Nexway from providing credit card laundering for tech support scammers. The Federal Trade Commission (FTC) has filed proposed consent...

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Yonder Raises $77 Million to Expand Credit Offering Beyond London
Yonder Raises $77 Million to Expand Credit Offering Beyond London
April 17, 2023  |  Credit Cards

British credit card startup Yonder has raised £62.5 million (about $77 million) to continue its growth. The firm will invest £12.5 million in growing its...

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Turkey Reportedly Asking Banks to Limit Purchases of Foreign Currency
Turkey Reportedly Asking Banks to Limit Purchases of Foreign Currency
April 17, 2023  |  Banking

Turkey’s central bank is reportedly taking measures to protect the value of the country’s currency. The measures include asking banks to limit the amount of...

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Plunging Cash Use, Digital Wallet Partnership Help Boost Instant Payments in Norway
Plunging Cash Use, Digital Wallet Partnership Help Boost Instant Payments in Norway
April 17, 2023  |  Real-Time Payments

Scandinavian countries are some of the most technologically advanced in the world, including in the area of real-time payments. Take Norway for example. The Nordic...

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Why CFOs Say Bear Markets Make Great Companies
Why CFOs Say Bear Markets Make Great Companies
April 17, 2023  |  CFO

The ongoing challenges of today’s macroclimate haven’t changed the conversation for CFOs. Rather, it has renewed how critical focusing on the fundamentals is for finance...

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42% of Consumers Trade Other Luxuries for Travel
42% of Consumers Trade Other Luxuries for Travel
April 17, 2023  |  Consumer Insights

This installment of PYMNTS’ miniseries based around consumer spending patterns focuses on the travel sector. Getting away from it all has been one of the...

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