News

Payment Methods
Consumers Are More Loyal to Merchants That Protect Payments Credentials
February 27, 2023

It can be too bothersome for consumers to store and regularly update their payment credentials on myriad sites and apps. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Spex Capital Launches $120M HealthTech Fund
February 27, 2023

The U.K.’s Spex Capital has debuted a $120 million fund to support digital healthcare and MedTech startups. 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...

Retail
Farfetch Aims to be at Center of Luxury Brands’ Shift to Digital
February 27, 2023

Luxury retail marketplace Farfetch is facing the same inventory and macroeconomic headwinds as other players in the sector but is pushing forward with plans to do more deals and further its mission to be the one-stop shop for high-end shoppers everywhere. Get the Full Story...

Retail
Overstock CEO: We’re Winning Share From Wayfair and Bed Bath & Beyond
February 27, 2023

“2022 is a year I’m glad to have in the rear-view mirror. It’s not one we’ll forget, nor do we want to repeat it,” Overstock CEO Jonathan Johnson told PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Freshpet Posts Best Topline Growth Since 2014 IPO 
February 27, 2023

Pet food maker Freshpet recorded its best growth in eight years during the close of 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...

Payments Innovation
The Risks of Not Offering Local Payments
February 27, 2023

Three-quarters of global eCommerce is conducted using local payment methods, but offering such a diversity of payments may be difficult for merchants to do on their own, says Spreedly’s Andy McHale.

Retail
Why the Amazon-Walmart Retail Battle Won’t Be Fought in the Grocery Aisle
February 27, 2023

Groceries, and how and where consumers buy them, is almost as topical as generative AI these days. Food inflation remains stubbornly high, and nearly all U.S. households have adjusted the number and types of items that now end up in their grocery baskets. The latest...

Cross-border Payments
Failure to Localize Payments Could Cost Online Merchants 60% of Sales in APAC
February 27, 2023

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...

Payment Methods
Overstock.com CPO On The Importance Of Optimizing Payment Choice For Conversion
February 27, 2023

Payment optimization is a complex technical matter on the invisible back end, but for the consumer, it comes down to being met with a frictionless and familiar payment experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...