News

Retail
If ‘Single’s Day’ Is Prime Day on Steroids, Retailers Can’t Blow the Payments Part
November 11, 2022

Started by Chinese eCommerce giant Alibaba.com as a kind of Valentine’s Day for the unattached to buy gifts for themselves, the annual Nov. 11 Single’s Day phenom has since grown into the world’s biggest sales event, generating an estimated $139 billion in just 24 hours...

Investments
FinTech IPO Index Leaps 8.9% Thursday but Upstart Signals Tough Times Ahead
November 11, 2022

As impressive as Thursday’s (Nov. 10) historic market advance was — including the 8.9% jump in the FinTech IPO Index — a one-day rally does not a recovery make. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Retailers Shift From Personalization to Individualism to Win Loyalty
November 11, 2022

Gone are the days when retail innovation efforts were limited to increasing the convenience offered to in-store shoppers. 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...

Retail
Gap to Use Amazon for Sales and Delivery
November 10, 2022

Aiming to establish a new way to reach potential customers, Gap has created a store on Amazon.  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...

Payment Methods
Dutch FinTech Adyen Teams with Instacart on PINless Payments
November 10, 2022

Amsterdam-based payment technology company Adyen will act as a payment services partner for grocery aggregator firm Instacart, the FinTech announced on Thursday (Nov. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Mobile Payments
9.8% of Groceries Bought With Mobile Devices
November 10, 2022

Once upon a time, we used our mobile phones solely to make calls. 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....

B2B Payments
Report: Fast-Fashion Retailer Shein Tests B2B Program in Brazil
November 10, 2022

Fast-fashion eCommerce retailer Shein is reportedly piloting a B2B program in Brazil that allows brands to offer their products for sale on the firm’s platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
New Zealand Bets on Open Banking to Offer More Consumer Choices
November 10, 2022

New Zealand is joining countries around the world in embracing opening banking, saying Thursday (Nov. 10) the sector will be the first to adopt its consumer data rights framework. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Temenos Helps Vietnam’s Sacombank Go Cashless
November 10, 2022

Digital banking platform Temenos says it is working with Vietnam’s Sacombank to offer the bank’s 15 million customers “a seamless omnichannel experience.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...