News

Retail
Shoppers Still Buying New Clothes Despite Budget Pressures
March 22, 2024

As consumers’ budgetary pressures prompt many to cut back on nonessential purchases, PYMNTS Intelligence research finds that shoppers still splurge on the clothing they want. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payments Innovation
The Cost of Legacy Payments in Light of Innovation’s ROI 
March 22, 2024

Innovation, particularly within financial services and payments, tends to be centered around speed, cost efficiency and transparency. 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...

Social Commerce
Social Apps Race to Monetize Shoppable Commerce Opportunity
March 22, 2024

As contextual commerce transforms online shopping, social media platforms are seizing the opportunity to integrate purchasing into their platforms. 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...

Banking
Bank Regulators Worry About Merger Systemic Risks, Banks About Fraud
March 22, 2024

Michael Hsu, acting comptroller of the currency at the Office of the Comptroller of the Currency (OCC), recently voiced support for a new proposal by Federal Deposit Insurance Corp. (FDIC) to apply additional scrutiny when reviewing bank mergers that will result in combined assets that exceed $100 billion.  Get the Full...

Artificial Intelligence
Report: Apple Considers Adding Baidu’s GenAI to Devices in China
March 22, 2024

Apple is reportedly in preliminary talks with Chinese tech giant Baidu, exploring a potential partnership to use Baidu’s generative artificial intelligence technology for Apple devices in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payment Methods
Amazon Taps Stripe to Power ‘Just Walk Out’ Payments in Australia, Canada
March 22, 2024

Stripe is now powering payments for retailers using Amazon’s Just Walk Out technology in Australia and Canada. 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...

B2B Payments
Excel’s Long Reach Sheds Light on Enterprises’ Back Office Pain Points
March 22, 2024

Back in 1987, Microsoft released Excel, its spreadsheet program designed to handle all manner of calculations and computations, from simple mathematics to complex probabilistic statements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Walmart and Amazon Compete for Deal-Seeking Electronics Customers
March 22, 2024

Walmart is looking to MacBooks to drive up its share of consumer electronics spending as Amazon continues to widen its lead in the category. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
40% of Global Consumers Now Fit the Click-and-Mortar™ Shopper Profile
March 22, 2024

The days of consumers mentally segregating in-store shopping from its online counterpart are over.  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...