News

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

(source: pymnts.com)

Nearly 1 in 7 Consumers Have Paid for Gasoline in Installments
Nearly 1 in 7 Consumers Have Paid for Gasoline in Installments
January 10, 2024  |  Consumer Insights

Struggling consumers are relying on installment plans for common purchases such as groceries or restaurants to stretch their budgets and make ends meet. With fuel...

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Payments Teams Strive to Balance Growth With Optimization
Payments Teams Strive to Balance Growth With Optimization
January 10, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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H&M Embraces Localization Strategy Through Small Concept Stores
H&M Embraces Localization Strategy Through Small Concept Stores
January 10, 2024  |  Retail

As H&M focuses on a new consumer group, the fast-fashion retailer is set to open a store on King’s Road in Chelsea, London, in spring,...

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Thunes Picks Former Worldpay Exec Floris de Kort as CEO
Thunes Picks Former Worldpay Exec Floris de Kort as CEO
January 10, 2024  |  B2B Payments

Cross-border B2B payments firm Thunes has named a new chief executive. Floris de Kort, a veteran of companies such as Worldpay, has been chosen as the Singapore-based company’s...

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Emerging Challenges of Generative AI in Finance
Emerging Challenges of Generative AI in Finance
January 10, 2024  |  Artificial Intelligence

The financial services sector has long served as the proving ground for the application of emerging technologies. The current era of disruption is no exception...

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Hackers Hijack SEC X Account to Announce Phony ETF Approval
Hackers Hijack SEC X Account to Announce Phony ETF Approval
January 10, 2024  |  Cryptocurrency

Hackers took over the SEC’s X account to falsely trumpet the agency’s bitcoin ETF approval. The breach happened Tuesday (Jan. 9), allowing whoever took over...

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BNPL Creates Dealership Revenues as Drivers Dodge Repair Sticker Shock
BNPL Creates Dealership Revenues as Drivers Dodge Repair Sticker Shock
January 10, 2024  |  Buy Now Pay Later

For Bumper CEO James Jackson, a career at tech firms over the course of more than a decade has served up “lots of valuable lessons on...

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Half of Loyal Customers Have Multiple Subscriptions, Data Shows
Half of Loyal Customers Have Multiple Subscriptions, Data Shows
January 10, 2024  |  Subscriptions

Retail product subscribers’ spending patterns and demographics can vary significantly, and understanding these dynamics can aid providers in minimizing churn and targeting the most valuable...

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True Religion Takes Fashion to the Catwalk — Literally
True Religion Takes Fashion to the Catwalk — Literally
January 10, 2024  |  Retail

Once seen as a symbol of luxury and style, True Religion soared to fame in the early 2000s with its unique horseshoe logo and fancy...

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