Auto Parts Sales Get Boost From New Car Shortage
Auto Parts Sales Get Boost From New Car Shortage
December 08, 2021  |  Retail

With the automotive microchip shortage expected to last well into 2022, prices for new and used cars remain elevated, leading many consumers to consider repairs...

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Inflation: The Economic Variant That Kills Paycheck-to-Paycheck Consumer Confidence
Inflation: The Economic Variant That Kills Paycheck-to-Paycheck Consumer Confidence
December 08, 2021  |  Consumer Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Metaverse Company Nextech AR Accepts Cryptocurrencies as Payment Method  
Metaverse Company Nextech AR Accepts Cryptocurrencies as Payment Method  
December 08, 2021  |  Cryptocurrency

Augmented reality (AR) experience technology and services company Nextech AR Solutions Corp. is accepting Bitcoin, Ethereum, Litecoin and USD Coin as a form of payment...

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BNPL Network Affirm to Let Customers Pay Now
BNPL Network Affirm to Let Customers Pay Now
December 08, 2021  |  Buy Now Pay Later

Although it’s chiefly known as a buy now, pay later (BNPL) network, Affirm has rolled out updates to its app that essentially lets customers buy...

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CFTC Commissioner: Stop Crypto Fines Without Clear Guidance
CFTC Commissioner: Stop Crypto Fines Without Clear Guidance
December 08, 2021  |  Cryptocurrency

One of the U.S.’s top regulators criticized her own agency for fining crypto companies for violating rules without making clear what those rules are. Get...

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Wayfair Bets Stores Can Boost Slowing Digital Sales
Wayfair Bets Stores Can Boost Slowing Digital Sales
December 08, 2021  |  Retail

Traffic at physical stores remains on a long-term downward trajectory despite a recent rebound compared to last year’s pandemic lows, but that isn’t stopping retailers...

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Indonesian FinTech Startup Flip Raises $48M to Accelerate Expansion
Indonesian FinTech Startup Flip Raises $48M to Accelerate Expansion
December 08, 2021  |  Investments

FinTech payments startup Flip raised $48 million in a Series B funding round co-led by Sequoia Capital India, Insight Partners, and Insignia Ventures Partners, according...

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China Drafting Big Tech Blacklist to Curb Foreign Investments
China Drafting Big Tech Blacklist to Curb Foreign Investments
December 08, 2021  |  International

As part of China’s continuing big tech crackdown, regulators are devising a blacklist targeting new companies that use variable interest entities (VIEs) to run their...

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Stitch Fix Shifts Strategy to Focus on Direct Purchases With Freestyle Offering
Stitch Fix Shifts Strategy to Focus on Direct Purchases With Freestyle Offering
December 08, 2021  |  Retail

Stitch Fix executives assured investors and analysts Tuesday (Dec. 7) that recent investments in the business that have led to losses on the balance sheet...

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