Stitch Fix Cuts Workforce as Customers Leave
Stitch Fix Cuts Workforce as Customers Leave
June 10, 2022  |  Retail

Artificial intelligence (AI)-powered personal styling site Stitch Fix continues to struggle to retain existing customers and captivate new ones, leading the company to slash about...

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UK Government Pushes for Crypto Sandbox, Stablecoin Regulation
UK Government Pushes for Crypto Sandbox, Stablecoin Regulation
June 10, 2022  |  Regulation

The U.K. will start live testing crypto blockchain technology in financial markets activities such as trading and settlement as part of the drive to become...

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AMZN vs WMT Weekly: Retailers Focus on Holding the Right Inventory
AMZN vs WMT Weekly: Retailers Focus on Holding the Right Inventory
June 10, 2022  |  Retail

After a year of sparse shelves, rampant out-of-stocks and a strained holiday season that saw seasonal sales pulled back to Halloween, it is understandable that...

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EU Council’s Amendments to Consumer Credit Bill Favor BNPL Providers
EU Council’s Amendments to Consumer Credit Bill Favor BNPL Providers
June 10, 2022  |  BNPL

The EU Council, one of the legislative bodies of the European Union, agreed on Thursday (June 9) on the revision of the consumer credit directive...

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SEC Should Regulate Stablecoin Issuers, Says Former FDIC Chair
SEC Should Regulate Stablecoin Issuers, Says Former FDIC Chair
June 10, 2022  |  Regulation

Earlier this week, Senators Lummis and Gillibrand introduced new legislation to regulate the crypto space, and most of the headlines focused on the “win” for...

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Lawmakers Seek to Push Antitrust, Privacy Bills as Big Tech Revamps Lobbying Efforts
Lawmakers Seek to Push Antitrust, Privacy Bills as Big Tech Revamps Lobbying Efforts
June 10, 2022  |  Big Tech

Google, Meta, Amazon and Apple have been living for the last years with the threat of new legislation in the U.S. that could limit their...

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PYMNTS AM Radar: Credit Card Debt; Payments Innovation; BNPL Loyalty; Social Commerce; ICYMI
PYMNTS AM Radar: Credit Card Debt; Payments Innovation; BNPL Loyalty; Social Commerce; ICYMI
June 10, 2022  |  Retail

Today is Friday, June 10, and banks are happy that people are finally using credit cards again and letting the balances rack up interest. But...

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More Consumers Letting Card Debt Revolve, Incur Interest
More Consumers Letting Card Debt Revolve, Incur Interest
June 10, 2022  |  Credit Cards

Consumers are increasingly letting their credit card debt revolve and letting interest mount instead of paying off what they owe each month.  Get the Full...

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NEW REPORT: FinTechs Win When Money-In, Money-Out Systems Are Synced
NEW REPORT: FinTechs Win When Money-In, Money-Out Systems Are Synced
June 10, 2022  |  Payments Innovation

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