News

eCommerce
Low-Income Consumers Choose Retailers Over D2C When Shopping Online
April 29, 2024

When low-income shoppers tap digital channels, they prefer to shop with retailers rather than going straight to brands’ eCommerce shops, trusting stores to offer them the best price. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
Mastercard and PrestaShop to Deploy Click to Pay in Europe
April 29, 2024

ECommerce solution provider PrestaShop has partnered with Mastercard to offer Click to Pay in Europe. 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,...

Retail
Vinted Solves Resale Profitability Problem by Spreading Its Income Sources
April 29, 2024

As resale marketplaces struggle to turn a profit, Vinted appears to have cracked the code, diversifying its platform to bring in revenue from as many parts of the experience as possible. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Backflip Raises $15 Million to Grow Real Estate Investment Platform
April 29, 2024

Backflip raised $15 million in a Series A funding round to grow its platform for real estate investors. 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...

Investments
Tether Acquires Majority Stake in Brain-Computer-Interface Developer Blackrock Neurotech
April 29, 2024

Tether, the company behind the stablecoin USDT, has announced a strategic investment in Blackrock Neurotech, a pioneer in brain-computer-interface (BCI) technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Artsy Shoppers Are Ditching Craft Stores for More Convenient eCommerce Options
April 29, 2024

Consumers are cutting back on nice-to-haves like craft supplies, and even when they do buy these items, they are increasingly choosing retail giants such as Amazon, leaving arts stores in the lurch. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Artificial Intelligence
Conduent Forms Generative AI Partnership With Microsoft
April 29, 2024

Business solutions and services company Conduent launched an artificial intelligence-focused agreement with Microsoft. 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...

B2B Payments
Only About 60% of Middle-Market Firms Get Paid Using Virtual Cards
April 29, 2024

Many middle-market businesses operate in a world of heightened uncertainty, but PYMNTS Intelligence data found that payment solutions such as virtual cards can help mitigate that uncertainty. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CFPB
CFPB: Medical Bills Plague Lower-Income Americans 
April 29, 2024

New government data shows 15 million Americans still have medical bills on their credit reports. 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,...