News

CFPB
CFPB Probes Goldman’s GM, Apple Credit Card Business Practices
August 04, 2022

Goldman Sachs said Thursday (Aug. 4) it is cooperating with an investigation by the Consumer Financial Protection Bureau (CFPB) into its credit card business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
FinTech IPO Index Surges 8.8% as Earnings Start to Roll In
August 04, 2022

Earnings are rolling in, and for the FinTech IPO group, a relief rally may be in the works. 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...

Investments
UK Home Healthcare Company Cera Raises $320M to Expand Services
August 04, 2022

Digital-first home healthcare company Cera has raised $320 million in equity and debt funding, which will allow the London-based company to expand its tech-enabled health services from 15,000 to 100,000 at-home patients per day. Get the Full Story Complete the form to unlock this article...

B2B Payments
Plastiq’s SPAC Deal Brings SMB’s Digital B2B Payments Shift to Wall Street
August 04, 2022

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...

Retail
Walmart Layoffs Reflect Its Digital Evolution More Than Fresh Economic Insight
August 04, 2022

It is never a good sign when the nation’s largest private employer says it’s cutting jobs at headquarters, especially in an economic environment — and industry — that is on high alert for bad news. Get the Full Story Complete the form to unlock this...

Omnicommerce
Shopify’s New Text-to-Buy Option Marks Rise of ‘Anywhere Commerce’
August 04, 2022

We’ve learned more about how to sell anywhere under any conditions in the past two years than in the prior 20, and more of that learning is appearing in the field as merchants turn to forms of conversational and embedded commerce to capture sales in...

Retail
YETI Lowers FY22 Forecast Despite Q2 Revenue Growth
August 04, 2022

YETI’s stock price was down almost 20% in early trading Thursday (Aug. 4) after the company reduced its fiscal 2022 forecast, despite seeing revenue growth in the 15% to 17% range in the three months ending July 2. Get the Full Story Complete the form...

Retail
Wayfair Customer Numbers, Deliveries Fall Sharply
August 04, 2022

Home goods eCommerce marketplace Wayfair lost about 25% of its customers in the past year and saw its deliveries drop almost 30% in the second quarter compared to the same time a year earlier, a reflection that people are thinking twice about home-based updates. Get...

eCommerce
CommerceIQ Launches Solution to Automate Recovery of Shortages, Chargebacks
August 04, 2022

CommerceIQ has added Revenue Recovery Automation software to its Retail Ecommerce Management Platform, enabling brands to automate recovery of shortages and chargeback deductions from their eCommerce business on Amazon.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...