News

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...

eCommerce
50% of Grocers Want Better Digital Tools and Customer Experience
November 10, 2022

Half of all grocers are looking to step up their digital presence, their customer experience (CX) or both. 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...

Payment Methods
Dutch FinTech Adyen Teams with Instacart on PINless Payments
November 10, 2022

Amsterdam-based payment technology company Adyen will act as a payment services partner for grocery aggregator firm Instacart, the FinTech announced on Thursday (Nov. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Faster Payments
FedNow Says 2023 Fee Schedule Includes Discount on Credit Transfer Rate
November 10, 2022

The Federal Reserve has announced pricing for the FedNow Service, its instant payments system that is to be launched in the middle of 2023.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Mobile Payments
9.8% of Groceries Bought With Mobile Devices
November 10, 2022

Once upon a time, we used our mobile phones solely to make calls. 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....

Regulation
Rep. Waters: FTX.com Collapse Highlights ‘Urgent Need for Legislation’
November 10, 2022

The recent news around cryptocurrency exchange FTX.com has highlighted the need for legislation to protect consumers, Congresswoman Maxine Waters, chairwoman of the House Financial Services Committee, said Thursday (Nov. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Report: Fast-Fashion Retailer Shein Tests B2B Program in Brazil
November 10, 2022

Fast-fashion eCommerce retailer Shein is reportedly piloting a B2B program in Brazil that allows brands to offer their products for sale on the firm’s platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
New Zealand Bets on Open Banking to Offer More Consumer Choices
November 10, 2022

New Zealand is joining countries around the world in embracing opening banking, saying Thursday (Nov. 10) the sector will be the first to adopt its consumer data rights framework. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...