Bed, Bath, & Beyond Turns to Tokenization in Digital Assets Push
The store most known for home décor could soon offer tokenized home equity loans, after Bed, Bath & Beyond unveiled plans to acquire Tokens.com. The big-box retailer has leaned heavily into the “beyond” portion of its name since emerging from bankruptcy two years ago. Its subsequent restructuring has included significant investments in blockchain and digital […]
When a Prepaid Issuer Goes Belly-Up, Who’s on the Hook?
After Synergy abruptly shuttered its restaurant gift card program over the weekend, consumers were left holding stacks of apparently worthless prepaid cards. The company’s pending bankruptcy—after nearly 30 years of selling gift cards for locally owned restaurants—highlighted just how little recourse most consumers have when prepaid cards suddenly lose their value. For many consumers, the […]
Multi-Acquiring Is the New Standard—Are Merchants Ready?
Amid the rapid transformation of the payments industry, merchants have leveraged multiple acquirers to navigate new payment types, regulations, and consumer expectations. For example, operating across regions like the European Union often requires merchants to work with multiple acquirers to navigate the unique regulatory, payment, and consumer nuances of all 27 countries. Increasingly, however, multi-acquiring […]