News

Digital Banking
80% of Larger FinTechs’ Customers Have ‘No Problems’ When Sending Money
April 03, 2023

For FinTechs, the key to keeping customers lies with speed and ease, especially for money mobility. 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...

Payment Methods
Musk’s Plans to Forge a Financial Ecosystem May Face Harsh Realities  
April 03, 2023

It’s one thing to envision building a financial ecosystem: A digital front door where users lock into a continuum of banking, payments, app-driven activities that flow naturally across hardware, software and social media too. Get the Full Story Complete the form to unlock this article...

Retail
Walmart Revamps Its Digital Storefront With New App and Website
April 03, 2023

Walmart has unveiled redesigned versions of its app and website. 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,...

Retail
Smart Cookie Move: Walmart Gives Members Exclusive Access to New Oreo Flavor
April 03, 2023

As Walmart looks to continue to lean into its grocery offerings and its core mission of helping people live better and save money, the big box retailer is also looking to leverage its membership program, Walmart+ to keep customers coming back. In its latest membership...

Retail
Authentic Brands Group to Acquire Action Sports Brand Boardriders
April 03, 2023

Authentic Brands Group has made a binding offer to purchase actions sports and lifestyle brand Boardriders. 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
ThredUp Sellers Needled by Inventory Backlog
April 03, 2023

Sellers on fashion resale site ThredUp are reportedly fed up with long processing waits. 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...

eCommerce
Boxed, Inc. Files For Bankruptcy Following SVB Collapse
April 03, 2023

After warning last month that it could declare bankruptcy, eGrocer Boxed has made it official. 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,...

Retail
Resale Is Having Its Moment, but Will Rent the Runway?  
April 02, 2023

The shift towards sustainability is evident, and consumers have made it clear that the trend is here to stay. As a result, the resale market has experienced significant growth, with third-party platforms such as thredUP, Vestiaire Collective, and Poshmark — as well as brands themselves...

Delivery
Report: Instacart Ups Internal Valuation by $2 Billion After Series of Cuts
April 02, 2023

Instacart has reportedly raised its internal valuation after cutting it several times. 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...