News

Retail
Allbirds’ Omnichannel Evolution From D2C Pure-Play Can’t Happen Fast Enough
August 09, 2022

Earnings season in an inflationary climate can be a drag, as brands continue to trim outlooks and reposition for a long fall and winter of lower demand and higher prices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Signet Jewelers Buys Blue Nile to Tap Bridal Market, Expand Digital
August 09, 2022

Positioning itself in a jewelry market that’s being impacted by the downturn in the economy, Signet Jewelers announced Tuesday (Aug. 9) that it is acquiring online jewelry retailer Blue Nile and that it has lowered its guidance for full fiscal year 2023. Get the Full...

Retail
CarGurus Slumps, Company Sees Slowing Q3 Sales, Reduced Demand for Cars
August 09, 2022

Shares of online automotive platform CarGurus fell as much as 15% in extended trading Monday (Aug 8) after the Cambridge, Mass-based company said its sales for the current quarter would slow from Q2. Get the Full Story Complete the form to unlock this article and...

Merchant Innovation
Australian Merchants Turn Lockdown Lessons Into Digital Upgrades
August 09, 2022

In the U.S., it’s known as curbside pick up or buy online, pick up in store (BOPIS), while in Australia, they prefer to call it click and collect. It’s among the most enduring pandemic accommodations retailers made for edgy consumers, and now it’s a retail...

Digital Banking
Process Orchestration Helps Legacy Banks Take Giant Digital Leap
August 09, 2022

Never has the idea of “legacy” taken such a pasting as during the pandemic’s digital shift, but banking is a legacy business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Merchant Innovation
Merchants Fine Tune Checkout Experience to Drive Incremental Gains and Profits
August 09, 2022

When it comes to trends shaping commerce in 2022, the innovators are at it again. This time, they’re looking for ways for merchants to turn payments from a cost center into a revenue driver. Get the Full Story Complete the form to unlock this article...

eCommerce
Thriving Middle East Trade Breeds New Business Marketplace Opportunities
August 09, 2022

Like any other part of the world, there’s been a rapid adoption of digital services in the Middle East and North Africa (MENA) region, where the value of cross-border trade between the Middle East and the rest of the world is estimated at $1 trillion....

B2B Payments
FinTechs Stare Down Fleet Management’s Frictions
August 08, 2022

For a business that preaches the need for speed, the trucking business seems to run into processes with the potential to keep trucks idling at every turn. Handling expenses for cost drivers incur on the road alone is a daunting task for any finance team...

Security & Fraud
Digital Authentication Firm Twilio Says Hackers Accessed Customer Data
August 08, 2022

Digital authentication company Twilio said some employees and customers were victims of a hack, a Bloomberg report said Monday (Aug. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...