July 05, 2023
PYMNTS Intelligence: How FIs Can Augment Their Digital Experiences With...
The financial industry is at a turning point in its history as more users flock to digital banking, many of whom plan never to set foot in a brick-and-mortar branch...
July 03, 2023
India’s Abound Raises $10 Million to Expand Remittance App
Indian cash-back and rewards app Abound has raised $10 million from the Times Group to expand its remittance offering. The app — owned by the Times of India and formerly...
July 03, 2023
H&M, Shein Explore New Retail Model With Third-Party Brands
The announcement that H&M and Shein are diversifying their offerings through third-party assistance (brand incorporation or sellers) isn’t unusual because now when a consumer shops on Shein they can find...
June 30, 2023
Consumers Purchase Groceries at Walmart, Saving Pricier Item Spend for...
Walmart’s strength may lie in its numbers, as its purchase rate far beats its closest competition. In-person shopping beats online in how often consumers shop at the world’s largest two...
June 29, 2023
Overstock.com Rebrands Following Bed Bath and Beyond Purchase
Overstock.com is changing its name. The online home furnishing seller has completed its $21.5 million acquisition of Bed Bath & Beyond’s (BBBY) intellectual property, and with it, taken the failed retailer’s name, according to a...
June 28, 2023
EC Proposes Revised Payment Services Directive
In Europe, the Payments Services Directive is getting a makeover. To that end, as announced on Wednesday (June 28), the European Commission has proposed a series of what it says would be...
June 28, 2023
EU Proposes PSD2 Revamp for ‘Digital Age’
In Europe, the Payments Services Directive is getting a makeover. To that end, as announced on Wednesday (June 28), the European Commission has proposed a series of what it says...
June 27, 2023
DoorDash Adds SNAP EBT Acceptance to Win Low-Income Shoppers’ Grocery...
In an effort to gain share of consumers’ grocery spending both from traditional brick-and-mortar grocers and from aggregator rivals such as Instacart, DoorDash is expanding its audience by adding the...
June 27, 2023
Instacart Adds Made-to-Order Features in Effort to Capture More Grocery...
In its ongoing push to capture more of consumers’ grocery (and overall food) spending, Instacart is expanding its capabilities, most recently adding digital customization features for made-to-order items. The online...