News

Investments
Finom Raises $54 Million to Expand Digital Business Banking Solution
February 13, 2024

Finom has raised 50 million euros ($53.6 million) in Series B financing to expand its digital business banking solution in the European Union (EU). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Shein Shines in PYMNTS Provider Ranking of Shopping Apps
February 13, 2024

Finding a romantic gift for Valentine’s Day can be hard, especially with so many shopping apps to pick from. PYMNTS’ Provider Ranking of Shopping Apps is back to help guide you when the number of apps available feels overwhelming.  Get the Full Story Complete the...

eCommerce
Wish Sells at a Bargain as Consumers Seek More Reliable eCommerce
February 13, 2024

Discount eCommerce company Wish has sold at a much lower price than might have been expected, a move that comes as eCommerce shoppers increasingly seek out trustworthy channels and reject unreliable merchants. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Marqo Raises $12.5 Million to Help Businesses Build Generative AI Applications
February 13, 2024

Marqo has raised $12.5 million in a Series A funding round to advance the adoption of its search platform that helps businesses build generative artificial intelligence (AI) applications that are more relevant and up to date. Get the Full Story Complete the form to unlock...

Artificial Intelligence
Contradictions Rule as AI Meets the Future of Work
February 13, 2024

The intersection of artificial intelligence (AI) and the future of work is crowded and a bit confusing these days. 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...

Retail
Spending on Sporting Goods Drops, Both Online and In-Store
February 12, 2024

Consumers reported spent 7.7% less on sporting goods in January than they did in the same month a year earlier. 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
Misfits Market CEO: D2C Perishables Brands Increasingly Seek Plug-and-Play Fulfillment 
February 12, 2024

As direct-to-consumer (D2C) brands increasingly look for ways to cut costs amid ongoing economic challenges, Misfits Market is noting the opportunity to drive more revenue from its existing fulfillment capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Social Commerce
X to Launch New Tools That Connect Advertisers and Creators
February 12, 2024

X, formerly known as Twitter, is preparing to launch new ways for advertisers to align with content creators to reach consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
The Consumer Experience Meets Business Payments Requirements
February 12, 2024

The tug-of-war between institutional inertia and innovation is coming to a head in business-to-business (B2B) payments.  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...