News

Payment Methods
Apple Pay No Sure Bet as Contactless Cards Dominate
August 18, 2022

For Apple Pay, the tipping point is here. 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, you...

Retail
Stage Set for Retail Slugfest as Kohl’s Plans Aggressive Discounting
August 18, 2022

With a middle-income customer base and broad exposure to apparel, Kohl’s says it has been “disproportionately impacted” by inflation and dampened consumer spending and will need to be more aggressive in its promotions to clear out bulging shelves and warehouses. Get the Full Story Complete...

Retail
Investor Ryan Cohen Selling 10% Stake in Bed Bath & Beyond
August 18, 2022

GameStop chairman Ryan Cohen plans to sell his 10% stake in retailer Bed Bath & Beyond, the activist investor said this week in an SEC filing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Embedded Solutions Tackle SMBs’ Trade Finance Challenges
August 18, 2022

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, you agree to receive marketing communications from PYMNTS and...

Retail
Bath & Body Works Cuts 130 Jobs Amid Slight Sales Drop
August 18, 2022

Bath & Body Works will cut 130 jobs — mostly leadership roles — in what the personal care and fragrance brand called an effort to promote long-term growth and efficiency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Report: Walmart May Boost Use of Influencers to Promote Products
August 18, 2022

Walmart may be looking at increasing its use of social media influencers to promote its own products and those of its third-party sellers, having filed trademarks for “Walmart Creator” and “Walmart Creator Collective.” Get the Full Story Complete the form to unlock this article and...

Retail
Coach Owner Tapestry Says 30% of Sales Now Digital
August 18, 2022

This year’s high inflation hasn’t stopped Americans from wanting to splurge on luxury goods from brands like Coach and Kate Spade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
Cross River on Addressing Consumer Needs With Embedded Banking
August 18, 2022

90% of FIs are pursuing embedded finance solutions, which look and feel as if they are part of the corporate client’s brand. In the "Next-Gen Commercial Banking Tracker®," Anthony Peculic at Cross River tells PYMNTS how offering customers the banking services they need — exactly...

eCommerce
PYMNTS Summer Series: One-Click Checkout Wants to Go Native
August 18, 2022

Like the Holy Grail or unicorns (the mythical creature, not high valuation startups), one-click buy button functionality is the long-sought magic solution to unlocking billions of dollars in eCommerce transactions held back by friction in the checkout process. Get the Full Story Complete the form...