News

Retail
Gap Up 10% as New CEO Richard Dickson Brings Hope for Turnaround
August 22, 2023

Gap has a new CEO, Richard Dickson, beginning Tuesday (Aug. 22), in a move that reportedly signals renewed optimism for the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

IPO
Report: African FinTech Flutterwave Planning an IPO
August 22, 2023

 Nigerian payments company Flutterwave is reportedly planning to go public. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...

eCommerce
Etsy Inches Toward Diversified Offerings to Get Consumers to Spend  
August 22, 2023

When you think of Etsy, what comes to mind? Probably arts and crafts and unique finds, right? This is a perception that Etsy has been grappling with lately as it tries to transform into a more frequently visited shopping destination.  Get the Full Story Complete...

Retail
Retail Theft Costs US Merchants Like Walmart and Target $100 Billion a Year
August 22, 2023

“It’s more than shoplifting. It’s organized retail theft,” PYMNTS said at the end of May and it’s an issue that lives on.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Delivery
Getir Cuts 11% of Workforce as Ultrafast Delivery Slows
August 22, 2023

Grocery delivery service Getir will lay off 2,500 workers to “increase operational efficiency.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

B2B Payments
Commercial Card Adoption Poised to Rise as Acceptance Costs Decrease
August 22, 2023

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Digital Banking
Nearly 60% of Consumers View Mobile Phones and Laptops as Equally Secure for Payments
August 22, 2023

Despite the growing perception that smartphones provide more security online, most banking consumers said they think smartphones and computers are equally secure for several select online financial activities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
The 3 Things Every Successful Payments Method Must Have
August 22, 2023

The view may be better from the edge, but the experience is richer at the center. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Social Commerce
Report: Triller’s User Count Doesn’t Match Intelligence Firm’s Estimates
August 21, 2023

Short-form video app Triller’s reported number of users doesn’t match the estimates of market intelligence firm Apptopia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...