PYMNTS News

Perfect Corp. to Expand Virtual Try-On Applications With Wannaby Acquisition
Perfect Corp. to Expand Virtual Try-On Applications With Wannaby Acquisition
December 24, 2024  |  Acquisitions

Perfect Corp. plans to acquire Wannaby to expand Perfect’s virtual try-on technology solutions into new luxury market segments like shoes, bags and apparel. The company...

READ MORE >
Saks Promises ‘Innovation and Growth’ After Completing Neiman Marcus Acquisition
Saks Promises ‘Innovation and Growth’ After Completing Neiman Marcus Acquisition
December 24, 2024  |  Retail

Saks Global has completed its previously announced acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion. This acquisition brings together the...

READ MORE >
Anatomy Financial Raises $19 Million to Expand Billing Solutions for Healthcare Practices
Anatomy Financial Raises $19 Million to Expand Billing Solutions for Healthcare Practices
December 24, 2024  |  Healthcare

Anatomy Financial has raised $19 million in a Series A funding round to expand its solutions that enable healthcare practices to convert their billing workflows...

READ MORE >
Allo Secures $100 Million Credit Facility to Expand Crypto Lending Platform
Allo Secures $100 Million Credit Facility to Expand Crypto Lending Platform
December 24, 2024  |  Cryptocurrency

Allo has secured a $100 million bitcoin-backed credit facility to expand its platform that helps institutions and individuals participate in crypto lending. The company’s solution...

READ MORE >
Retailers Expect Higher-Than-Usual Return Rate as eCommerce Expands
Retailers Expect Higher-Than-Usual Return Rate as eCommerce Expands
December 24, 2024  |  Retail

As consumers finish up their holiday shopping for this year, retailers reportedly expect to see a lot of returns in January. On average, retailers expect...

READ MORE >
Jet.AI Launches Agentic AI Model for Selecting and Booking Private Jets
Jet.AI Launches Agentic AI Model for Selecting and Booking Private Jets
December 24, 2024  |  artificial intelligence

Jet.AI has launched an agentic artificial intelligence (AI) model that helps customers select and book private jets. Dubbed “Ava,” the AI model can be contacted...

READ MORE >
Seasonal Jobs Shift to Fulfillment Centers as Consumers Shop Online
Seasonal Jobs Shift to Fulfillment Centers as Consumers Shop Online
December 24, 2024  |  Retail

Seasonal jobs are reportedly shifting from retail stores to eCommerce fulfillment centers as businesses respond to consumers’ changing holiday shopping habits. While the number of...

READ MORE >
Bank Groups Sue Fed, Seeking ‘Transparency’ on Stress Testing Framework
Bank Groups Sue Fed, Seeking ‘Transparency’ on Stress Testing Framework
December 24, 2024  |  Bank Regulation

Five groups representing banks and businesses sued the Federal Reserve on Tuesday (Dec. 24), saying its current stress testing framework is “opaque” and violates the...

READ MORE >
Financial Services Regulation in 2025: More of the Same or Radical Shift?
Financial Services Regulation in 2025: More of the Same or Radical Shift?
December 24, 2024  |  Regulation

This year was marked by a steady drumbeat of regulations and rules — and requests from regulators for information and comments from financial services players...

READ MORE >