News

Retail
Jumia Expands to West Africa With Retailer Leroy Merlin
March 22, 2023

Pan-African eCommerce firm Jumia has agreed to sell retailer Leroy Merlin’s products in West Africa. 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...

B2B Payments
SAP Fioneer Launches B2B Embedded Finance Platform for Financial Institutions
March 22, 2023

SAP Fioneer has launched a B2B embedded finance platform for use by financial service institutions. 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,...

Artificial Intelligence
Generative AI Shows Its Flaws as Google, OpenAI Competition Intensifies
March 22, 2023

Artificial intelligence (AI) solutions are set to be the greatest thing since sliced bread. 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...

Delivery
Just Eat Cuts 1,700 Drivers in Return to Gig Model
March 22, 2023

As food delivery aggregators feel the macroeconomic pressures, some are responding with major layoffs. 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...

Retail
Nike’s D2C Sales Strategy Pays off, Company Reports Higher Sales Growth
March 22, 2023

Thanks to its robust direct-to-consumer (D2C) sales strategy, better inventory management and a rebound in China, Nike is finding itself in a better position than expected. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Delivery
Just Eat Rethinks Gig Worker Model and Cuts 1,700 Jobs
March 22, 2023

Delivery giant Just Eat Takeaway is reportedly cutting 1,700 driver jobs in the U.K. 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...

Retail
GameStop Goes From ‘Brink of Bankruptcy’ to Profits
March 22, 2023

GameStop’s turnaround continued this week as the company reported its first profit in years. 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...

Artificial Intelligence
AI Wave Complicates EU’s Regulation Efforts
March 22, 2023

New advances in artificial intelligence have reportedly made efforts to regulate the technology more difficult. 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,...

Retail
Amazon Debuts Express Payout for Faster Working Capital
March 22, 2023

Amazon Pay has unveiled a tool to give merchants faster access to working capital. 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...