News

B2B Payments
Sunwest Teams With Marqeta and Torpago to Launch Corporate Card Platform
January 26, 2024

Marqeta, Torpago and Sunwest Bank launched Sunwest’s commercial credit card and expense management solution called Sunwest Visionary Card. 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...

Retail
Card-Linked Offers Are Still Unfamiliar to 37% of Cardholders
January 26, 2024

Card-linked marketing uses past purchase data to create targeted, relevant offers to potential customers that are often presented through mobile or online banking applications. By using their credit or debit cards to subscribe to these offers, consumers in exchange get rewards, discounts or special benefits...

Retail
Walmart Cuts Innovation Lab; Amazon Mulls Monetizing Alexa
January 26, 2024

Is this year gearing up for another round of slashing costs and seizing revenue opportunities? Signs from retail giants Amazon and Walmart point in that direction. But the burning question is: How will these moves hit consumers?  Get the Full Story Complete the form to...

Artificial Intelligence
Letting AI Take the Wheel for Logistics Can Add Efficiency, RXO Says
January 26, 2024

The transport industry is the heart of commerce and the linchpin of a functional economy. 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,...

Fintech Investments
Platforms Gain Momentum Ahead of Earnings, Propel FinTech IPO Index 2.2% Higher
January 26, 2024

It’s the end of January almost, and through the next few weeks, FinTechs will weigh in with everything from loan performance metrics to profits (where there are profits to be shown). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

eCommerce
Nearly Half of Amazon Subscribe & Save Members Shop More Online Than In-Person
January 26, 2024

The rise of digital retail subscriptions has provided consumers with convenience such as scheduled deliveries of regularly used items, eliminating the need for frequent trips to physical stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Levi’s Direct-to-Consumer Bet Sparks Job Cuts
January 25, 2024

While competitors were hustling to land deals with retailers and forge partnerships to reach more consumers, Levi’s boldly went all-in on its direct-to-consumer (D2C) strategy in October.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
LVMH Sees Strong Growth With Kohl’s-Sephora Partnership 
January 25, 2024

Luxury goods giant LVMH, best known for brands like Louis Vuitton, Dior and Tiffany, reported a 10% surge in sales for the fourth quarter on Thursday (Jan. 25), outpacing the previous quarter. The momentum was fueled by robust demand, notably from Chinese consumers, who favored...

News
New X Passkey Feature Signals Ongoing Shift to Passwordless Future
January 25, 2024

The emergence of all-in-one apps promises unparalleled convenience, offering users a one-stop solution for various needs. From managing finances to staying connected with friends, these multifaceted applications aim to streamline daily activities, promising a more integrated and efficient experience for users. Get the Full Story...