News

Social Commerce
LTK Begins Video-First Transformation of Platform for Creators, Businesses
July 24, 2024

LTK, a platform for creators and their businesses, is transforming its app to be video-first. 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,...

Mobile Payments
Prósperos Launches Mobile Financial Platform for Spanish-Speaking Consumers in US
July 24, 2024

Prósperos has announced the general availability of its mobile financial platform designed for Spanish-speaking consumers in the United States and their families in Latin America. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Morgan Stanley Buys Stake in UK Payments Firm Sokin
July 24, 2024

British payments firm Sokin is planning to expand following an investment by Morgan Stanley. 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...

Security & Fraud
Security Summit Alerts Tax Professionals to Growing Threat of Identity Theft
July 24, 2024

The Security Summit has issued a stern warning to tax professionals, urging them to heighten their awareness of indicators of identity theft as part of the ongoing “Protect Your Clients; Protect Yourself,” initiative. The IRS and its coalition of partners emphasized the shifting strategies of...

Investments
Lakera Raises $20 Million to Provide Security for GenAI Applications
July 24, 2024

Lakera has raised $20 million in a Series A funding round to expand its offerings in the real-time generative artificial intelligence (AI) applications security category. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
PYMNTS Data Shows Married Parents Driving Retail Trends
July 24, 2024

Married parents are emerging as the leading demographic for apparel retailers, demonstrating a preference for clothing and accessories purchases compared to other household types, and merchants are adapting accordingly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Cart.com Launches Standalone Warehouse, Transportation Management Systems
July 24, 2024

Cart.com has made its proprietary warehouse and transportation management systems available as standalone offerings. 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...

Retail
Best Buy CMO Jennie Weber Says Customers Want Inspiration, Not Information
July 24, 2024

As Best Buy looks to turn its sales around, the electronics retailer is rethinking its relationship to its customers as shoppers’ expectations have evolved, prioritizing providing inspiration over product education. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
English, Welsh Retailers Call for Crackdown as Shoplifting Leaps 30%
July 24, 2024

Shoplifting surged by 30% in England and Wales over the last year, a government agency reported Wednesday (July 24). 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...