News

B2B Payments
B2B Platform actyv.ai Partners With Mswipe to Improve Payments in India
November 13, 2022

B2B supply chain management platform actyv.ai has teamed with digital payments technology provider Mswipe to improve payment solutions for merchants in the home country of India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

eCommerce
TikTok Launches eCommerce Feature in US
November 13, 2022

TikTok has reportedly entered the U.S. eCommerce market, competing with the likes of Amazon as well as other social media brands looking to become shopping destinations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Faster Payments
Thousands Complain to BBB About Slow Payments From Sports-Betting Apps
November 13, 2022

Consumers have filed roughly 2,400 complaints against the three largest U.S. sports betting operators in the last three years, citing delays or glitches in withdrawing winnings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

eCommerce
Amazon EU’s Expansion Faces Stiff Competition From Regional eCommerce Retailers
November 13, 2022

With the launch of Amazon.com.be last month, Amazon’s European business now covers a bloc of Northern European countries consisting of France, Belgium, Germany and the Netherlands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Reza Partners with Perfect Corp. to Enable Virtual Try On of Jewelry
November 11, 2022

French jewelry brand Reza has deployed Perfect Corp.’s artificial intelligence (AI) and augmented reality (AR) solution so that visitors to its new eCommerce website can virtually “try on” its rings, earrings and bracelets.  Get the Full Story Complete the form to unlock this article and...

Investments
Kyte Raises $60M to Expand on-Demand Car Rental Offerings
November 11, 2022

On-demand car rental startup Kyte has raised $60 million in Series B growth equity financing, which it will use to accelerate its product development, add to its fleet of vehicles and expand its market. Get the Full Story Complete the form to unlock this article...

Investments
October’s VC-Backed Funding Rounds Value Was Lowest of the Year
November 11, 2022

The total value of the venture capital (VC)-backed funding rounds completed around the world in October was the lowest of any month so far this year.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Amazon Tightens Belt as World Waits on Inflation Response and Walmart Q3
November 11, 2022

It has been a great couple of days for Amazon investors as cooling inflation data triggered a bounce in its sagging stock that hadn’t been seen in months. Notably, Walmart did not participate in that short-term rally, but its value prop and long-term prospects continue...

Retail
Report: Shein to Open First Brick-and-Mortar Showroom in Tokyo
November 11, 2022

Fast-fashion eCommerce retailer Shein is reportedly preparing to open its first brick-and-mortar location. 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....