News

Retail
Valentine’s Day 2022 Set to Be a $24B Lovefest Despite Price and Product Issues
February 14, 2022

Saying “I love you” on Valentine’s Day 2022 is opening hearts and wallets a bit more as everything from flowers to candy to a romantic restaurant is premium priced this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Digital Banking
Digital Banking App Provider Ranking Is a Competitive Blur of Innovators
February 14, 2022

Digital bank much? Looking at PYMNTS latest Provider Ranking of Digital Banking Apps, one can certainly conclude that interest in these powerful apps is rising like mad. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Loyalty & Rewards
Data Reveal Economic Anxieties Pose a Loyalty Opportunity for Restaurants and Grocers
February 14, 2022

The share of consumers taking it month by month financially is on the rise, and this increase in economic anxieties could have an impact on how they get their food needs met. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Brands Migrate to Seamless Super App Loyalty Programs That Work Everywhere
February 14, 2022

At a time when consumers are hungry for super apps that consolidate the digital clutter from dozens of different retailers and banks on their devices, brands are also looking to find a simpler way to streamline the loyalty and rewards experience. Get the Full Story...

Retail
Chinese Makeup Warehouse Chain Harmay Raises $200M To Fuel Expansion
February 14, 2022

Fledgling beauty brand Harmay recently completed a pair of fundraising rounds totaling $200 million in investment capital that the company plans to use to expand into new categories and markets, while also building its digital presence, boosting its brand portfolio and increased collaboration with other...

Retail
Investors, Merchants and Consumers Have Drastically Different Views of Affirm
February 14, 2022

With shares of Affirm shedding roughly 45% late last week and extending a three-month decline that is now approaching 70%, it is difficult to pay attention to anything other than the investor-lead view of the beleaguered buy now, pay later (BNPL) provider. Get the Full...

CFPB
CFPB’s Fight Against ‘Junk Fees’ May Need Further Explanation
February 14, 2022

Consumer Finance Protection Bureau (CFPB) Director Rohit Chopra made clear his intentions to crack down on “junk fees” charged by financial institutions (FIs) again last week, saying that “people are sick and tired of this fee creep that is all over the economy.” Get the...

Retail
VF’s Dickies Brand Boosts Conversions, Slashes Returns With Virtual Fitting
February 14, 2022

Less than a year into an artificial intelligence (AI)-driven virtual fitting program, VF Corp. is seeing a surge in customer buying and satisfaction as well as a reduction in returns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
CMA to Watch Google as it Secures Privacy Pledges
February 14, 2022

The long running feud between the United Kingdom’s competition police and Google may have cooled. 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,...