News

Security & Fraud
FTC Settlements Ban 3 Defendants From Sweepstakes, Prize Promotions
June 24, 2024

The Federal Trade Commission (FTC) has reached settlements with three defendants, banning them from sweepstakes and prize promotions. 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...

eCommerce
Shopify Pilots AI Assistant for Merchants
June 24, 2024

Shopify is offering merchants early access to a commerce-focused artificial intelligence assistant. 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...

Retail
Retailers See 78% Boost From Low-Income Shoppers’ Use of Credit
June 24, 2024

As financially unstable consumers seek ways to afford to shop, credit is enabling them to make higher-value purchases, and retailers are seeing the benefit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
Report: Shein Confidentially Files for IPO in London
June 24, 2024

Shein has reported confidentially filed for an initial public offering (IPO) in London. 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
Share of US Consumers Living Paycheck to Paycheck Hits Two-Year High
June 24, 2024

Despite a robust economy, a significant portion of American consumers are grappling with financial challenges that affect their shopping habits in profound ways, and to win their spending, merchants must understand these shoppers’ needs and preferences. Get the Full Story Complete the form to unlock...

Retail
Target to Include Shopify Merchants in Digital Marketplace, Physical Stores
June 24, 2024

Target will begin including select Shopify merchants on Target Plus, the retailer’s third-party digital marketplace. 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,...

Artificial Intelligence
AI for KYB Onboarding Helps B2B Partnerships Scale Securely
June 24, 2024

The key ingredient to success is often collaboration among businesses. 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...

CFPB
CFPB Targets Medical Debt — That Could Increase the Cost of Healthcare
June 24, 2024

The Consumer Financial Protection Bureau’s (CFPB) rules that seek to remove medical debt from credit reports and cap card late fees are proving wildly popular with the general public. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
PagBrasil Makes Its Move on International Payment Scene
June 24, 2024

Ultimately, it is the behavioral expectations of end-users that drive payments advances forward. And increasingly, what end-users want are streamlined, expedited and intuitive ways to pay for goods and services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...