As Dollar General aims to infuse a breath of fresh air into its shopping experience, it’s venturing into personalized collections, including the aromatic debut of Club92 in partnership with Slatkin + Co. This initiative aligns with the growth of the global home fragrance market, which...
Anyone who has ever conducted business knows the pains that traditional B2B payment modalities bring. But there’s a digital renaissance underway, as firms on both sides of the transaction look to modernize their antiquated processes. “Businesses are becoming much more aware and much more savvy...
The Jan. 9 hack of the Securities and Exchange Commission’s (SEC) account on the social media platform X (formerly known as Twitter) was apparently the result of a “SIM swap” attack. The regulator announced this finding in a Monday (Jan. 22) statement to the media, which was posted...
Vroom is winding down its eCommerce operations and discontinuing its used vehicle dealership business. The company aims to preserve liquidity and maximize stakeholder value through its remaining businesses, Vroom said in a Monday (Jan. 22) press release. This move comes after the company tried to raise additional...
When it comes to executing on in-house eCommerce channels, PYMNTS Intelligence reveals, grocers are pulling it off, despite ongoing skepticism in the industry. By the Numbers The new PYMNTS Intelligence report “The Online Features Driving Consumers to Shop With Brands, Retailers or Marketplaces,” created in...
The farther payments travel, the greater the potential is for failure. Cross-border transactions, as they wend their way across currencies and time zones, with any number of parties and counterparties in the mix, are rife with complexities. Streamlined, standardized messaging, at least conceptually, aids straight-through...
2023 saw governments around the world grapple with the commercial emergence of artificial intelligence (AI). From the White House’s Executive Order on the Safe, Secure, and Trustworthy Development and Use of AI, to the European Union’s (EU) AI Act, China’s already implemented policies, and Japan’s “Hiroshima Process,” the world’s largest economies...
In recent years, split-pay options have gained popularity among consumers of all demographic groups looking for greater flexibility in managing their expenses. Among all consumer segments, the leading users of installment purchase plans are neither millennials nor lower-income earners but high-income consumers. This applies for...
Visa Canada will support the entrance of accelerator and venture capital (VC) firm Plug and Play into the Canadian FinTech market. This collaboration will enable Canadian FinTechs to access Visa’s global network; join exclusive, interactive events; and connect with new partners, the companies said in a Monday (Jan....
