News

Retail
Macy’s Partners With Klarna To Offer ‘Pay In 4’ In All Its Stores
May 06, 2021

Macy’s has partnered with buy now, pay later (BNPL) firm Klarna to exclusively offer its “Pay in 4” solution across all Macy’s brands and websites, Klarna announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Consumers Eager To Spend: Mastercard Data Shows 23 Pct Pop In April Retail Sales
May 06, 2021

Cooped-up U.S. consumers are eager to dress up, get out, eat in restaurants and reconnect with the world, new economic analysis shows. The April Mastercard SpendingPulse report showed that U.S. retail sales jumped 23.3 percent last month versus a year ago, marking the latest indication...

Retail
German eCommerce Incubator Berlin Brands Aims To Scale US Amazon Sellers In Europe
May 06, 2021

With 3,700 products sold through 100 different channels in 28 countries and over $350 million in sales last year, Berlin Brands Group (aka BBG) may be the biggest D2C eCommerce player you’ve never heard of. Get the Full Story Complete the form to unlock this...

Retail
Wayfair’s Revenue Soars With Growth Of Active Customer Base
May 06, 2021

Wayfair, the furnishings and home goods eCommerce platform, reported as part of its financial results that total revenue surged by 49.2 percent year over year to $3.5 billion in the first quarter of 2021, according to a Thursday (May 6) announcement. Get the Full Story...

Retail
Sally Beauty Holdings Rise In Net Sales Amid Accelerating Consumer Demand
May 06, 2021

Sally Beauty Holdings, which runs approximately 5,000 stores, reported that its second-quarter consolidated same-store sales climbed 6.5 percent as its net sales also increased amid a rise in domestic consumer demand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
New Study: Use Of AI To Lower Risk Has Nearly Tripled Among Financial Institutions
May 06, 2021

If it seems like companies are slapping artificial intelligence (AI) onto everything in the pandemic era, it’s because so many are. To gauge the focus and direction of rapid developments happening with this powerful technology that “thinks,” PYMNTS proffers the AI In Focus: The Navigating...

B2B Payments
Real-Time Payments Pursues International Goals
May 06, 2021

Real-time payments (RTP) take center stage in this week’s Payment Rails Innovation roundup, with new efforts to drive RTP adoption in the U.S. But on a global scale, governments and FinTechs are working together to make cross-border instant payments a reality, through a variety of...

B2B Payments
Tracing Payroll’s Evolution Across Departments, Borders
May 06, 2021

The face of payroll is changing at a dizzying pace. 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...

Payment Methods
i2c’s Jim McCarthy: Earnings Season Shows Growth Of Big Tech’s ‘Walled Gardens’
May 06, 2021

Earnings season is a deluge of data, to be sure, but after a few weeks of conference calls, press releases and supplemental slide decks, some common themes emerge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...