News

Retail
Discount Retailers See Sales Upticks as Paycheck-to-Paycheck Shoppers Trade Down
June 10, 2024

As inflation continues to erode purchasing power, financially unstable consumers, squeezed by higher prices on everything from groceries to gasoline, are increasingly turning to discount and value-focused retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Michael Kors Offers Customers Mastercard’s AI-Powered ‘Muse’
June 10, 2024

Fashion retailer Michael Kors adopted Mastercard’s artificial intelligence-powered shopping 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 completing this...

CFPB
Are Fireworks Ahead as CFPB Director Testifies on Capitol Hill?
June 10, 2024

Consumer Financial Protection Bureau Director Rohit Chopra is set to testify on Capitol Hill this week. 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...

eCommerce
eCosmetics Co-Founder Bridges the Trust Gap for Online Beauty Shoppers
June 10, 2024

As beauty brands look for ways to gain digital shoppers without being able to offer in-store product trials, eCosmetics is seeing sampling prove vital to winning over new customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Faster Payments
Citi Adds Real-Time Funding to Treasury Offerings
June 10, 2024

Citi introduced Real-Time Funding (RTF), part of its real-time treasury solutions for corporate customers. 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...

Payments Innovation
Denim Gets $63M to Turn Freight Brokers Into ‘Smart’ Brokers Using Payments
June 10, 2024

For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Tokens See Double Duty as Protection From Fraud and Transaction Failures
June 10, 2024

Network tokenization, a technology that replaces sensitive payment card data with unique digital identifiers, has been a hot topic of late. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Social Commerce
Pinterest Taps VTEX to Help Brands Embrace Social Commerce
June 09, 2024

Pinterest has launched a partnership with composable commerce platform VTEX. 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...

Retail
Shopping Center Vacancies Hit Lowest Level in 20 Years
June 09, 2024

Don’t write any obituaries for the American shopping center just yet. 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...