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View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

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Consumer-Permissioned Data Expansion Gives Rise to New Data Brokers
Consumer-Permissioned Data Expansion Gives Rise to New Data Brokers
June 05, 2024  |  Data

The rise of consumer-permissioned data in the U.S. promises to expand the credit landscape. And for the “connectors” and the “collectors” of that data —...

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Five Below: Comparable Sales Slip as Consumers Feel Inflation’s Impact
Five Below: Comparable Sales Slip as Consumers Feel Inflation’s Impact
June 05, 2024  |  Earnings

A pullback in spending by lower-income consumers led to a decline in comparable sales during the first quarter for Five Below. The value retailer’s comparable...

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Inter Focuses on Brazilian Migrants to Drive US Growth
Inter Focuses on Brazilian Migrants to Drive US Growth
June 05, 2024  |  Business

Brazilian online lender Inter&Co is expanding its efforts in the United States, with a focus on replicating its success in Brazil’s online banking sector. With a...

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Analysts Say Fines Could Rise as TD Bank Faces Additional Allegations
Analysts Say Fines Could Rise as TD Bank Faces Additional Allegations
June 05, 2024  |  AML

Toronto-Dominion Bank (TD Bank) reportedly could be facing fines of up to $4 billion in relation to money-laundering probes in the United States. This estimate by...

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Lululemon’s Omnichannel Push Drives 35% International Sales Growth
Lululemon’s Omnichannel Push Drives 35% International Sales Growth
June 05, 2024  |  Earnings

The days of Lululemon’s U.S. growth may be over, but it seems that international shoppers are now springing for the North American athleisure look. The...

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AI Advances Video Analysis for eCommerce
AI Advances Video Analysis for eCommerce
June 05, 2024  |  artificial intelligence

Artificial intelligence (AI) is cutting through the noise in online videos, helping shoppers quickly find the information they need. Researchers at MIT and IBM have...

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OneRail Expands Omnichannel Fulfillment Solution With Orderbot Acquisition
OneRail Expands Omnichannel Fulfillment Solution With Orderbot Acquisition
June 05, 2024  |  Acquisitions

OneRail has acquired Orderbot, saying the combination creates “a new era of streamlined omnichannel fulfillment.” The deal adds Orderbot’s inventory and order management capabilities to...

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Dollar Tree CEO: Stores See 2.1% Hike in Foot Traffic But Lower Average Purchase
Dollar Tree CEO: Stores See 2.1% Hike in Foot Traffic But Lower Average Purchase
June 05, 2024  |  Earnings

Dollar Tree has seen an increase in foot traffic to its stores, but those consumers aren’t buying as much. The retailer, which also is the...

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Nvidia Tops $3 Trillion Market Cap, Overtakes Apple
Nvidia Tops $3 Trillion Market Cap, Overtakes Apple
June 05, 2024  |  artificial intelligence

Nvidia surpassed the $3 trillion market cap milestone, overtook Apple in market cap and became the second most valuable public U.S. company on Wednesday (June...

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