News

Regulation
UK’s Ofcom Calls for Social Media Algorithm Regulation
November 16, 2022

U.K communications regulator Ofcom is calling for better social media regulations amid concerns about the influence U.S.-based Big Tech firms have on news consumption in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Happy Returns Offers New Revenue Stream to Shopify Merchants
November 16, 2022

As retailers look to limit returns during the holiday shopping season, PayPal-owned Happy Returns has debuted a new returns-based revenue stream for Shopify merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

eCommerce
Cart.com Integrates FedEx Supply Chain Tech to Innovate Its Merchants
November 16, 2022

Merchants using Cart.com’s eCommerce tools will now be able to track the entire online retail process with its integration with FedEx Dataworks, a supply chain and data management platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Wise Business Customers Get 1% Cashback on Purchases
November 16, 2022

U.K.-based money transfer company Wise launched a new cashback feature for Wise Business customers on Wednesday (Nov. 16) that will give them with 1% cashback on their card transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
House Financial Services Committee Announces December Hearing on FTX Collapse
November 16, 2022

The downfall of crypto trading platform FTX has triggered a worldwide regulatory investigation, and now the U.S. House Financial Services Committee is undertaking a bipartisan hearing on the matter in December. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Delivery
Stord Begins Last-Mile Delivery Solution Rollout
November 16, 2022

Cloud supply chain company Stord has begun rolling out a new last-mile delivery solution that chooses a carrier and service level that offers shippers the most efficient and cost-effective option to get a package where it needs to be by the expected delivery date. Get...

Retail
Target Cautious on Q4 as Consumers’ Available Savings and Credit Dwindle
November 16, 2022

The country’s third largest retail chain warned investors that, despite unprecedented promotions aimed at reducing excess inventory, its critical holiday sales season would fall short of expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Retail Report’s Discretionary Spending Pullback Signals Holiday Headwinds
November 16, 2022

Consumers spent more last month than some observers expected. 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,...

Retail
Lowe’s Says Home Remodeling Trend Still Strong and Set to Boom
November 16, 2022

The nation’s second-largest chain of hardware stores said Wednesday (Nov. 16) that its commercial or “Pro” business grew 19% last quarter, as consumers continue to invest in home remodeling projects rather than face the turbulence and high mortgage rates that are currently crimping housing sales....