News

Retail
Kohl’s to Test Everyday Value Pricing vs Long-Standing Promotional Strategy
March 01, 2023

In the wake of a “kitchen sink” quarter that saw the ailing department store chain close out the year with a money-losing Q4, Kohl’s new CEO is staking the retailer’s comeback on a new management team’s ability to boost the customer experience while continuing the expansion...

Retail
AMC Entertainment Touts Recovery With Walmart and Visa Partnerships
March 01, 2023

AMC Entertainment said the slow crawl out of the pandemic leaves the theater chain better positioned than competitors, innovating with partnerships like bringing its popcorn to Walmart stores, and a co-branded Visa card, with its biggest problem the dearth of big movie releases. Get the...

B2B Payments
PYMNTS Intelligence: Technology Is Needed to Safeguard Faster Payments
March 01, 2023

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, you agree to receive marketing communications from PYMNTS and...

Cross Border Commerce
PYMNTS Intelligence: Payment Challenges and Opportunities in High-Growth Markets
March 01, 2023

Southeast Asia has become a tempting area of expansion for international corporates due to its high level of digital payments penetration, with a recent study indicating that nearly 90% of the population uses digital wallets or other forms of electronic payment. eCommerce is popular in the region, as the...

Retail
The RealReal Looks to Consign Its Way to Near-Term Profitability 
March 01, 2023

With its stock trading at about $1.35 per share — after falling over 90% in the past two years — it could be argued there’s not a lot more downside for luxury resale marketplace The RealReal. Get the Full Story Complete the form to unlock...

Investments
Stripe Slashes Valuation of $55B Funding Campaign
March 01, 2023

Stripe has lowered the valuation of its $55 billion fundraise by around 10%. 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....

Artificial Intelligence
AI Fraud Detection Efforts Fall Short Without Proper Data and Formatting
March 01, 2023

It’s become impossible to ignore the recent boom in artificial intelligence interest, and while AI is not new to the payments space, its utility is advancing rapidly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
Spotify Says Payments Choice Critical to Growing Global Streaming Market Share
March 01, 2023

A successful payment is music to the ears of consumers and corporations involved in streaming entertainment, so for global brands in the space, there’s no tuning out on the payments piece. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Payoneer CEO Says B2B Product Is Powering Platform Growth
February 28, 2023

Cross-border expansion is crucial to business growth goals, even for those FinTechs supporting international transactions. 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,...