News

Digital Banking
Revolut’s Global Retail Customer Base Tops 30 Million
June 01, 2023

British financial platform Revolut says it now has more than 30 million retail customers. 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...

B2B Payments
Weavr and Visa Team on Embedded Finance for SaaS Firms
June 01, 2023

Embedded finance startup Weavr has teamed with Visa in the B2B Software-as-a-Service (SaaS) space. 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...

Payment Methods
Credit Cards vs BNPL: A Matter of Shifting Shopper Demographics
June 01, 2023

Access to credit, the value of credit in managing personal finances, and fear of debt are all coming into play at a time when over 60% of U.S. households live paycheck to paycheck, including those bringing in six-figure salaries, with many struggling to make ends...

Retail
Telos and GameStop Team to Bring Web3 Gaming Mainstream
June 01, 2023

The Telos Foundation has teamed with GameStop to help mainstream Web3-based gaming. 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...

Retail
eBay Deepens Luxury Push With Streetwear Authentication
June 01, 2023

eBay has begun authenticating streetwear as part of its push into the luxury market. 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...

Retail
Nordstrom Defies Retail Slump With Surprising Quarterly Profit and Strong Revenue Growth 
June 01, 2023

In the previous quarter, PYMNTS dubbed Nordstrom’s strategy of excessive discounting as the “big blue mistake.” However, on Wednesday (May 31), the retailer has proven itself resilient by posting a surprise quarterly profit and surpassing revenue estimates. The company’s turnout was attributed to improved inventory...

B2B Payments
JPMorgan Debuts Payments Partner Marketplace
June 01, 2023

JPMorgan Chase is giving business clients deeper access into its $9.6 trillion payments network. 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...

Retail
Petco Opens One-Stop Destination for Pet Health and Wellness in New York City 
June 01, 2023

Petco, where the pets go. That’s the motto the specialty retailer aims to bring to its latest retail development: Petco’s flagship store in Union Square in New York City.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Payment Methods
Snapshot-to-Digital IDs and Private Passes Expand Google Wallet’s Role as Credentials Hub  
June 01, 2023

General-purpose digital wallets started life in most parts of the world, including the U.S., as substitutes for physical credit cards at the point of sale — and promised to change how people pay. Get the Full Story Complete the form to unlock this article and...