News

Retail
Gen’l Merchandise, Appliances Offset Weak eComm as March Retail Sales Rise 0.5%
April 14, 2022

Despite rising food, fuel and housing costs that have distorted household budgets, U.S. consumers continued to shop last month, pushing overall retail sales up by 0.5% in March on the back of strength at general merchandise stores, such as Walmart and Target, and appliance and...

Retail
Affirm Teams With Poshmark to Offer Shoppers Flexible Payments
April 14, 2022

Payment network Affirm is extending its partnership with social marketplace Poshmark to offer increased payment flexibility to shoppers, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Lands’ End Gets QVC Showcase
April 14, 2022

Clothing and home décor retailer Lands’ End will showcase women’s swimwear in its on-air debut on home shopping channel QVC as part of an expansion of the companies’ eCommerce relationship that started late last year, according to a Thursday (April 14) press release. Get the...

Consumer Finance
Revolut Partners With Cross River Bank to Offer Financial Services in US
April 14, 2022

Cross River Bank, a technology infrastructure provider offering embedded financial solutions, has partnered with financial app Revolut, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Rent the Runway Preps for Surge in Weddings, Events, Back-to-Work Blazers
April 14, 2022

After doubling revenues and subscribers last quarter, the nation’s leading designer clothing rental platform is aiming to do so again, saying the surge in inflation, combined with a spike in upcoming special events, will drive the value case for not purchasing new outfits. Get the...

Payments Innovation
PYMNTS Intelligence: How Payments Orchestration Can Help Merchants Navigate Changing Regulatory Requirements
April 14, 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...

Security & Fraud
UK Online Safety Bill Can Reduce Authorized Push Payment Fraud 
April 14, 2022

The U.K. Online Safety Bill was introduced in the U.K. Parliament on March 17, 2022, to curb online harms by significantly increasing the responsibilities of social media firms and search engines to monitor content posted on their platforms.  Get the Full Story Complete the form...

B2B Payments
Corporates Love DeFi’s Streamlined Payments But Not at the Expense of Confidentiality
April 14, 2022

Those interested in streamlining business-to-business (B2B) transactions see decentralized finance (DeFi) as a way to simplify payment flows, but they’re also concerned about confidentiality.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Loyalty & Rewards
Cash-Back Credit Cards Increase Financial Flexibility, Spending Power of MENA Consumers
April 14, 2022

Like other emerging markets, the Middle East and North Africa (MENA) has one of the largest underbanked populations in the world, with more than 90% of the population transacting solely in cash and without access to credit or formal savings accounts. Get the Full Story...