News

Retail
Ebay to Take on Poshmark, The RealReal for Luxury Resale Spend 
December 19, 2023

In a bid to draw consumers to its eCommerce platform, eBay is exploring new retail avenues. 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...

Artificial Intelligence
TomTom Develops In-Car Voice AI Assistant With Microsoft
December 19, 2023

Mapping/navigation company TomTom says it has developed an artificial intelligence (AI)-powered, in-car conversational assistant in collaboration with Microsoft. 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...

Retail
Farfetch Acquired by Korean eCommerce Giant Coupang
December 19, 2023

Struggling luxury retailer Farfetch has been purchased by Coupang, the South Korean eCommerce giant. 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...

Loyalty & Rewards
15% of Cardholders Cite Rewards for Increased Credit Card Spending
December 19, 2023

Bank-issued credit cards, owned by nearly 200 million individuals in the United States, have become an essential financial tool amid inflation and rising costs, providing relief to households navigating a challenging economic environment. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Win-Win Relationships Show AP and AR Automation Is a Must, Not a Maybe
December 19, 2023

In an uncertain economy, cash-on-hand matters more than ever. 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,...

Artificial Intelligence
Business Leaders Embrace AI Despite Employee Concerns
December 18, 2023

Artificial intelligence (AI) is transforming the workforce, according to a recent survey by conducted by ResumeBuilder, per a PYMNTS report. The survey found that nearly 40% of AI-using business leaders have already replaced workers with AI this year, and 44% anticipate job cuts in the coming...

Payment Methods
Visa Adds Real-Time Money Movement to FinTech Fast Track
December 18, 2023

Visa is letting members of its FinTech Fast Track program join its Visa Direct platform. 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
Kroger’s Home Chef Partners With Delish as Grocers Monetize Recipe Content
December 18, 2023

As grocers seek ways to monetize consumers’ enthusiasm for digital culinary content, Home Chef is partnering with Delish to create meal kits based on the popular food media brand’s recipes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Unilever Sells Q-Tips and Other Brands to Yellow Wood
December 18, 2023

Unilever is set to sell Q-Tips and a number of its other personal care and beauty brands. 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...