News

Retail
AMZN vs WMT Weekly: Amazon Earnings Report to Provide Check-in on Connected Consumer
October 22, 2021

Amazon is set to report its third-quarter earnings on Thursday (Oct. 28), giving retail industry watchers insight into not only the company itself but eCommerce more broadly. After all, the Seattle-based tech company holds a 50% share of all digital sales made, according to PYMNTS...

Retail
Mattel Shrugs Off Holiday Supply Concerns, Citing ‘Scale and Expertise’
October 22, 2021

Toy giant Mattel said its performance has been largely unimpeded by supply chain issues that have plagued nearly every company for months, saying it is well prepared to provide consumers with enough toys to put under the Christmas tree this year. Get the Full Story...

Social Commerce
Snapchat Says Social Commerce Reliant on Augmented Reality
October 22, 2021

Even as changes to Apple’s iOS privacy rules introduce new challenges for advertisers, brands and social media companies, Snapchat executives are hoping that it can still successfully provide shopping experiences within the photo-sharing app. Get the Full Story Complete the form to unlock this article...

Retail
Carvana in Government Crosshairs After Increased Complaints
October 22, 2021

Carvana customers have filed dozens of complaints with local officials and hundreds more with the Better Business Bureau related to wrong paperwork, delays getting their vehicle’s documentation and other issues with the nine-year-old online auto retailer, The Wall Street Journal reported Friday (Oct. 22). Get...

Security & Fraud
FTC: Scammers Stole $27M From Amazon Customers
October 22, 2021

Scammers stole about $27 million from Amazon customers between July 2020 and June 2021 through about 96,000 incidents reported to the Federal Trade Commission, according to a blog post on the FTC’s website. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Transcard Unveils SMART Hub Payments Platform
October 22, 2021

Payments company Transcard has launched its SMART Hub, an embedded payment technology platform that can be embedded with any legacy software or enterprise resource planning application.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Suppliers Put the Pedal to the Metal to Convert B2B Buyers to Digital Payers
October 22, 2021

In “The Way Payments Are Now Done,” 33 payment executives discuss what payments’ “new normal” looks like. Steve Pinado, president of Billtrust, discusses how in the post-pandemic age, companies must find ways to convert buyers to digital payers and accelerate cash flow, and how his...

B2B Payments
The New Normal: B2B Payments Must Be Like B2C Transactions
October 22, 2021

“Thanks to the pandemic, the delta between B2C buyers and B2B buyers has completely collapsed,” says Brandon Spear, CEO of TreviPay. In “The Way Payments Are Now Done,” Spear discusses how B2B merchants must stay abreast of changing consumer expectations, embrace the new normal and...

Security & Fraud
73% of UK Businesses Suffered Phishing-Related Data Breaches in Last 12 Months
October 22, 2021

Merchants across the globe are expected to lose more than $20 billion to fraud in 2021 alone, a staggering amount indicating the rising menace digital fraud poses to businesses and individuals. Get the Full Story Complete the form to unlock this article and enjoy unlimited...