PYMNTS News

Ocado CEO: U.S. Lags Behind Other Countries on eGrocery Profitability
Ocado CEO: U.S. Lags Behind Other Countries on eGrocery Profitability
July 20, 2023  |  Retail

As United States grocers look to seize on the digital shift, they may need to update their infrastructure to make eCommerce worth its while in...

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Walmart and Amazon Battle Heats Up With Small Businesses a Burgeoning Battlefront
Walmart and Amazon Battle Heats Up With Small Businesses a Burgeoning Battlefront
July 20, 2023  |  Commercial Payments

The jousting between Amazon and Walmart, angling for small business loyalty, is heating up. With the app as a key battleground as small and medium-sized...

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CFPB Head Doesn’t Want to Be ‘Cheerleader’ for Bank Mergers
CFPB Head Doesn’t Want to Be ‘Cheerleader’ for Bank Mergers
July 20, 2023  |  Regulation

America’s consumer watchdog says bank mergers are set to become much tougher to pull off.  In an interview with Reuters Thursday (July 20), Consumer Financial Protection Bureau (CFPB) Director Rohit...

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Worldline Introduces End-to-End Mobility Payments Solution
Worldline Introduces End-to-End Mobility Payments Solution
July 20, 2023  |  Payment Methods

Worldline has launched an end-to-end solution to provide an enhanced, seamless and secure payment experience for mobility operators and their customers. The new Mobility Payments Suite offers a...

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GNC Adds Free Healthcare Products and Services to Loyalty Program
GNC Adds Free Healthcare Products and Services to Loyalty Program
July 20, 2023  |  Retail

GNC has added free healthcare products and services to its loyalty program. With the new GNC Health added to the upgraded GNC PRO Access membership, which has a fixed fee...

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Kuwait Imposes ‘Absolute Prohibition’ on Crypto Payments
Kuwait Imposes ‘Absolute Prohibition’ on Crypto Payments
July 20, 2023  |  Cryptocurrency

Kuwait has outlawed the use of cryptocurrency in payments or investments to prevent money laundering. Regulations unveiled earlier this week by the country’s Capital Markets Authority (CMA) place...

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Macy’s, Nike Launch Inclusive Fits for Decreased Returns
Macy’s, Nike Launch Inclusive Fits for Decreased Returns
July 20, 2023  |  Retail

If a coat or a pair pants were tailored to your body, what’s the likelihood of you returning it? Probably slim. But what if tailoring...

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Netflix Continues to Cut Offerings, Grows by 6 Million Subscribers 
Netflix Continues to Cut Offerings, Grows by 6 Million Subscribers 
July 20, 2023  |  Subscription Commerce

While subscriptions-based services feel the need to overcompensate to get a subscriber, Netflix is doing the opposite. In fact, it continues to give less and...

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Kim Kardashian’s Skims Captures $4 Billion Valuation
Kim Kardashian’s Skims Captures $4 Billion Valuation
July 20, 2023  |  Retail

Kim Kardashian’s business empire is now worth $4 billion more. The influencer/mogul’s apparel company Skims has been valued at $4 billion following a $270 million funding round,...

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