Australia Reclassifies BNPL as Credit While UK and US Regulators Eye Similar Actions

Australia Reclassifies BNPL as Credit While UK and US Regulators Eye Similar Actions
Australia Reclassifies BNPL as Credit While UK and US Regulators Eye Similar Actions
May 26, 2023  |  Buy Now Pay Later

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

READ MORE >
Scarce Housing Inventory Adds to Millennials Already Low Homeownership Expectations
Scarce Housing Inventory Adds to Millennials Already Low Homeownership Expectations
May 26, 2023  |  Economy

Lately, it seems that just when things started to look more promising for those seeking to purchase a home, a new set of discouraging numbers gets...

READ MORE >
Klarna Says Shoppers Want Recommendations Rather Than Search Results
Klarna Says Shoppers Want Recommendations Rather Than Search Results
May 26, 2023  |  Retail

Klarna aims to lead a shift in purchases from search to recommendations. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
Foot Locker Embraces Localization Strategy Through Small Concept Stores 
Foot Locker Embraces Localization Strategy Through Small Concept Stores 
May 26, 2023  |  Retail

Despite facing challenges in the first quarter due to changes in Foot Locker’s physical presence, brand assortment, digital initiatives, and omnichannel strategies, the retailer is...

READ MORE >
Ulta Beauty Reports Strong Sales Growth Despite Dealing With Retail Theft  
Ulta Beauty Reports Strong Sales Growth Despite Dealing With Retail Theft  
May 26, 2023  |  Retail

Ulta Beauty CEO Dave Kimbell shared the company’s first-quarter results on Thursday (May 25), highlighting a 12.3% increase in sales compared to the previous year....

READ MORE >
OpenAI CEO Reverses Threat to Leave Europe Due to Regulations
OpenAI CEO Reverses Threat to Leave Europe Due to Regulations
May 26, 2023  |  artificial intelligence

OpenAI plans to continue operating in Europe, CEO Sam Altman tweeted Friday (May 26). Get the Full Story Complete the form to unlock this article...

READ MORE >
Generative AI Broke the Mold
Generative AI Broke the Mold
May 26, 2023  |  Artificial Intelligence

Generative AI has permanently altered how humans create new ideas and content, yet even OpenAI's own AI detector misses 74% of AI-generated content. In the...

READ MORE >
Gen Z Leads Decline in Subscription Renewals
Gen Z Leads Decline in Subscription Renewals
May 26, 2023  |  Retail

Value may outweigh convenience when it comes to recurring subscriptions, as consumers seek any and all avenues to cut costs. Get the Full Story Complete...

READ MORE >
Restaurant Operators Want Smarter Software to Simplify Payments Complexity
Restaurant Operators Want Smarter Software to Simplify Payments Complexity
May 26, 2023  |  Restaurant innovation

Today’s restaurants are challenged to be more productive than ever, and to meet those challenges, they need smarter workforce management solutions. Get the Full Story...

READ MORE >