News

Europe
FinTech Euronet Worldwide Teams With AeTrade on Digital Payments
November 09, 2022

Digital payments in Africa are about to get an even wider reach, thanks to a new collaboration between Euronet Worldwide and the Africa Electronic Trade Group, or AeTrade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Trade X to Add Mexico to Cross-Border Automotive Trading Platform
November 09, 2022

Cross-border automotive trading platform Trade X has announced it will open a trade route in Mexico and allow that country’s dealers and fleet owners to trade with their peers in Canada and Nigeria. Get the Full Story Complete the form to unlock this article and...

Retail
Ahold Delhaize’s US Rewards Programs Drive $1.5B in Sales YTD
November 09, 2022

Netherlands-based multinational grocery retailer Ahold Delhaize is seeing its loyalty bets pay off in the United States. 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...

Investments
Report: Tiger Global Cuts Tech Investments by Billions of Dollars
November 09, 2022

As declining technology stocks have hacked the value of investor Tiger Global Management’s public stocks this year, the company has also slashed the value of its private stock in tech firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Allbirds Gets Lift From New Physical Stores as Headwinds Persist
November 09, 2022

Direct-to-consumer (D2C) clothing and footwear retailer Allbirds saw a lift in its most recent quarter as the addition of a record number of physical stores helped drive sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
RealReal Overhauls Consignment Structure in Quest for Profitability
November 09, 2022

In its ongoing quest for profitability, luxury resale platform The RealReal said Tuesday (Nov. 8) that it has overhauled its commission structure and will charge more for low-priced transactions that have typically resulted in losses. Get the Full Story Complete the form to unlock this...

Retail
Inflation Stokes Recession Fears While Slamming Retail Earnings
November 09, 2022

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Retail
Amazon Gives Alexa a New Voice to Grow User Base
November 09, 2022

In a bid to capture the voice commerce users of tomorrow, Amazon has rolled out a suite of new features in its Alexa ecosystem, including devices that look and talk like owls and dragons. Get the Full Story Complete the form to unlock this article...

Retail
Wolverine Reports Supply Chain Problems Slowing Footwear Sales
November 09, 2022

With continuing supply chain challenges affecting both the brand and its wholesale customers, footwear manufacturer Wolverine Worldwide reported Wednesday (Nov. 9) that both revenue and profit came in below expectations for the quarter ended Oct. 1. Get the Full Story Complete the form to unlock...