News

Retail
YouTube, Twitter, Amazon Double-Down on Social Commerce Amid Growth Scarcity
November 11, 2022

It seems that 2022 is shaping up as the year social selling got its act together, or at least came to the front of the store. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Report: China’s Singles Day Retail Growth Expected to be Weakest Ever
November 11, 2022

China’s Singles Day — a weeks-long shopping event that has become a key measure of consumer demand in the country — has reportedly seen a lackluster response this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
80% of Firms Hiring Overseas Workers Run Into Payday Roadblocks
November 11, 2022

With more companies seeking talent in geographies other than their home turf, the challenges of paying those overseas contractors can seem daunting, but purpose-built platforms are taking the friction out and getting people paid with less cost and greater speed. Get the Full Story Complete...

Retail
Entrepreneurial Agility and Innovation Could Make or Break SMBs’ Holiday Season
November 11, 2022

Recall the bleak summer of 2020, when you’d have thought Main Street small to medium-sized businesses (SMBs) would be extinct by year’s end. It was understandably pessimistic, but it didn’t account for the sheer tenacity small business owners have repeatedly shown. Get the Full Story...

Retail
If ‘Single’s Day’ Is Prime Day on Steroids, Retailers Can’t Blow the Payments Part
November 11, 2022

Started by Chinese eCommerce giant Alibaba.com as a kind of Valentine’s Day for the unattached to buy gifts for themselves, the annual Nov. 11 Single’s Day phenom has since grown into the world’s biggest sales event, generating an estimated $139 billion in just 24 hours...

Investments
FinTech IPO Index Leaps 8.9% Thursday but Upstart Signals Tough Times Ahead
November 11, 2022

As impressive as Thursday’s (Nov. 10) historic market advance was — including the 8.9% jump in the FinTech IPO Index — a one-day rally does not a recovery make. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Retailers Shift From Personalization to Individualism to Win Loyalty
November 11, 2022

Gone are the days when retail innovation efforts were limited to increasing the convenience offered to in-store shoppers. 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...

Social Commerce
Musk Hints of Twitter Bankruptcy in Bid to Cut Costs
November 10, 2022

Elon Musk has reportedly told Twitter employees that the company could go bankrupt.  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....

Retail
Gap to Use Amazon for Sales and Delivery
November 10, 2022

Aiming to establish a new way to reach potential customers, Gap has created a store on Amazon.  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...