News

Fintech Investments
FinTech IPO Index Extends Earnings-Led Downdraft as Marqeta Sheds 24%  
March 03, 2023

Investors were in a “shoot first, ask questions later” frame of mind this past week. 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
Nordstrom Rack Takes On Renewed Focus as Luxury Retailer Departs Canada
March 02, 2023

Nine years after taking its high-end brand north of the border, luxury retailer Nordstrom says it will now shutter all 13 of its Canadian locations to shift focus on revamping its struggling off-price Rack division. Get the Full Story Complete the form to unlock this...

Retail
Costco Leverages Prepared Food Demand to Drive Memberships Amid Inflation
March 02, 2023

Costco is drawing in customers amid inflation by meeting their demand for more affordable restaurant alternatives. 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
Contactless Cards Dominate in UK as Mobile Wallets Poised to Increase
March 02, 2023

Contactless card usage is firmly entrenched in the U.K. and goes as far back as 2007, when the popular OnePulse was launched. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

eCommerce
Shef Opens Chef-to-Consumer Marketplace to Cooks Across US
March 02, 2023

Shef is expanding its chef-to-consumer marketplace across the United States. 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...

Retail
Sam’s Club Logistics Push Gives Walmart More Firepower in Grocery Wars
March 02, 2023

For Walmart, omnichannel may be the way to beat Amazon in the war to stock the pantry. 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...

Retail
Instacart to Add Chatbot as Grocers Push Boundaries on Digital Content
March 02, 2023

This week in grocery, Instacart taps AI as supermarkets test shoppable content and new formats. 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,...

Regulation
SEC Considering Rules Around Asset Custody and Predictive Data Analytics
March 02, 2023

Investment advisers should be wary of cryptocurrency trading and lending platforms and predictive data analytics. 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,...

B2B Payments
Amazon Business App Adds Purchase Reconciliation Tool for B2B Buyers
March 02, 2023

Amazon Business has added 3-Way Match to its mobile app for B2B buyers. 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....