News

Faster Payments
33% of Consumers Willing to Pay to Receive Instant Payouts
November 19, 2021

Necessity, as they say, is the mother of invention. 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,...

Retail
Macy’s CEO Still Undecided About Separating eCommerce Division
November 19, 2021

Macy’s CEO Jeff Gennette on Thursday (Nov. 18) told CNBC’s Jim Cramer during an interview on “Mad Money” that the company hasn’t decided whether it will break its eCommerce division into its own company, despite urging from Jana Partners to make the move. Get the...

Retail
Nike Creates Virtual World Within Roblox
November 19, 2021

Nike on Thursday (Nov. 18) announced the launch of its foray into the metaverse, calling its Roblox-fueled immersive 3-D experience Nikeland. The space allows Nike fans to “connect, create, share experiences and compete,” according to the company announcement. Get the Full Story Complete the form...

Retail
Commerce Gets Even More Social With Facebook Groups Shopping Upgrade
November 19, 2021

As social commerce continues to move toward becoming just another way for consumers to shop, social media networks are working to embed shopping even more deeply into their platforms and create new opportunities for purchases. Get the Full Story Complete the form to unlock this...

Retail
Farfetch CEO: Luxury Retail Will be ‘Revolutionized’ by Blending Digital, Physical Experiences
November 19, 2021

Executives at luxury retail platform Farfetch say next year will be a critical juncture in expanding beyond its core marketplace and developing deeper relationships within the industry as an increasing number of brands express interest in the company’s software-as-a-service (SaaS). Get the Full Story Complete...

Latin America
Deep Dive: How eCommerce Marketplaces Can Tap Local Payment Methods to Create Lasting Customer Engagement
November 19, 2021

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Retail
AMZN vs. WMT Weekly: Grocery Strength Likely Won’t Help Walmart Keep Amazon at Bay
November 19, 2021

One of the most noteworthy aspects of Walmart’s quarterly earnings release earlier this week was the $3.6 billion growth in food sales between July and October, the strongest in six quarters, according to company executives. Get the Full Story Complete the form to unlock this...

B2B Payments
SMBs Mimick ‘Buy Local’ Theme This Holiday Season With Shift to Ship Local Solution
November 19, 2021

A week before the weekend that includes Black Friday and Cyber Monday, Dhruv Saxena, co-founder and CEO of ShipBob, was on the road to see what was happening in the company’s fulfillment centers. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
DeFi Losses Top $10B From Exploits, Fraud, Theft
November 19, 2021

Decentralized finance (DeFI) platforms have been the target of criminal attacks, with fraud and theft topping $10 billion, according to a report entitled Risk, Regulation, and the Rise of DeCrime from Elliptic Get the Full Story Complete the form to unlock this article and enjoy...