News

eCommerce
thredUP Moves the Needle With Premium, Not Bargain, Buyers
May 10, 2023

One would assume that bargain shoppers would be driving the resale market, but that’s what you get when you assume. According to thredUP’s Q1 2023 earnings report, the marketplace is resonating with premium buyers, not bargain shoppers.   Get the Full Story Complete the form to...

Social Commerce
Report: TikTok Winds Back US Shopping Launch
May 10, 2023

TikTok has reportedly paused launching its U.S. shopping platform over fears of a ban. 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...

Ridesharing
Uber Hopes UK Airline Bookings Will Speed Super App Takeoff
May 10, 2023

Uber has reportedly added flight bookings in the U.K. to fuel its super app ambitions. 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,...

Banking
Banks Turn to Service to Close Consumer Trust Gap
May 10, 2023

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus on. Doug Brown, president of NCR, says financial institutions have the opportunity to rebuild trust with consumers by offering personalized...

Cross Border Commerce
Digital Escrow Helps Africa’s SMBs Bridge Trade Trust Deficit
May 10, 2023

An estimated $5 billion is lost annually in intra-African trade. 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...

Biometrics
Oura Acquires Proxy to Expand Into Payments and Authentication
May 09, 2023

Oura has acquired Proxy in a bid to expand into payments and authentication. 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....

Cross-border Payments
Corpay and Sunflower Bank Team Up on Cross-Border Payments
May 09, 2023

Corpay and Sunflower Bank, N.A. have teamed up to help clients manage cross-border payments and currency risk. 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...

Security & Fraud
Unauthorized GCash Withdrawals Highlight Dangers of Digital Wallet Fraud 
May 09, 2023

The hackers have been foiled.   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...

Loyalty & Rewards
Baby Products Buck Consumer Trade Down Trend
May 09, 2023

Brands and merchants may benefit by catering to caregivers’ mindset of seeking consistent reliability in baby products. 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...