News

Retail
How True Religion’s Data-Driven Approach Powers Customer Loyalty and Holiday Campaign Success
November 27, 2024

As True Religion works to re-establish itself in the retail landscape, the brand is placing an emphasis on data-driven marketing strategies to drive both customer loyalty and sales. By leveraging insights to better understand consumer behavior, True Religion is focusing on standing out through product...

Investments
SoftBank Reportedly Eyeing $1.5 Billion OpenAI Stock Purchase
November 27, 2024

SoftBank reportedly wants to purchase $1.5 billion in OpenAI stock. 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...

Payments Innovation
How the ‘Shopify of Gaming’ Is Helping Developers Go Direct to Consumer
November 27, 2024

The seeds were sown long ago for Chris Faught, CEO of Neon, to create a direct-to-consumer (D2C) platform for the gaming industry in 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Risk Management
Chief Risk Officers Suit Up for Digital Duty
November 27, 2024

As financial services become more interconnected and technology-driven, the role and impact of the chief risk officer (CRO) is evolving dramatically. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Faster Payments
Worldpay Debuts Near-Instant Refund Tool for UK Shoppers
November 27, 2024

Worldpay introduced what it called a “first-of-its-kind service” capable of delivering near-instant refunds. 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....

Retail
Nordstrom’s Digital Sales and Enhanced Customer Experience Drive Growth in Q3
November 26, 2024

While digital sales continued to perform well at Nordstrom, enhancements to the overall customer experience paid off as well, according to CEO Erik Nordstrom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Best Buy Revenues Dip as Consumers Await ‘Deals and Sales’
November 26, 2024

Best Buy says cautious, deal-chasing consumers and the presidential election kept quarterly sales muted. 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...

Investments
Citi Invests in Mortgage Infrastructure Provider Pylon
November 26, 2024

Citi made a minority investment in mortgage infrastructure provider Pylon. 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...

Regulation
FTC: Evolv Oversold Abilities of AI-Powered Weapon Detector
November 26, 2024

The FTC has accused Evolv Technologies of overstating the capabilities of its in-school weapons-detection system. 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...