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Kraken secures UK EMI authorisation and prepares for IPO in 2026

The Paypers

Kraken has secured an EMI authorisation from the UK’s FCA to accelerate its development in the region, amid preparing for IPO in 2026.

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PYMNTS Daily Data Dive: Blue Christmas

PYMNTS

predicts that half the 1,100 regional malls in the U.S. regional malls that could close by 2026. regional malls that could close by 2026. Howard Davidowitz, chairman of Davidowitz & Associates Inc., will close over the next decade. 31 percent | Net retail sales increase since 2009.

Data 100
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Deep Dive: How FIs Can Upgrade Authentication Measures To Foil Fraudsters? Open Banking Attacks

PYMNTS

percent between 2019 and 2026, hitting $43.2 Other FIs are offering open banking out of necessity, with governments and regional lawmakers requiring its adoption and that consenting customers’ financial data is made available to third-party payment service providers.

Security 151
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Cullen/Frost plans to double its branch presence in Austin

American Banker

The San Antonio bank says it will open 17 new financial centers in the Austin region by 2026. It's the latest step in a physical expansion strategy that has led to dozens of new branches in Houston and Dallas.

Austin 36
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Wegmans To Open In Brooklyn; Whole Foods Brings Eateries To 500th Store

PYMNTS

Whole Foods Market South Region President Bobby Turner said, according to reports, “We worked hard to create a place that offers our neighbors a destination to get together, enjoy great food and connect with members of the local community through a variety of culinary, wellness and cultural events.”. arrives at 25 percent by 2026.

New York 100
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Consumer Credit Update for 2Q 2023

South State Correspondent

This data is consistent across regions. We should see a slight increase in production in 2025 and 2026 driven by lower rates. Home equity lines of credit (HELOCs) and bank card usage are up 24% and 17%, respectively. These are cash flow management tools that send a signal of future problems. Unsecured personal loan usage is up 21%.

Trends 195
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Are Private Labels The Key To Cracking The Profitability Indian eCommerce?

PYMNTS

According to Morgan Stanley – India’s eCommerce market will be worth $200 billion by 2026 and see participation from 50 percent of India’s internet user base. The consensus on that is evolving – and in an interesting way. Great Expectations And Big Buy-Ins.

Branding 101