News

Retail
Overstock Set to Revive Bed Bath & Beyond’s Iconic Big Blue Coupon 
October 30, 2023

Several months back, Bed Bath & Beyond was not on anyone’s radar as a player in the 2023 holiday season. However, Overstock.com’s acquisition of the once-struggling retailer, which had gained favor among meme stock enthusiasts, is not just preserving its importance but also serving as...

Artificial Intelligence
Biden Orders AI Firms to Share Safety Tests With Government
October 30, 2023

President Joe Biden issued an executive order aimed at safe artificial intelligence (AI) development. 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...

Banking
Citi Says Winning the End Customer Experience Is Future Battleground for Banks
October 30, 2023

Institutional inertia is real, and it’s holding some incumbent businesses back while digital upstarts flourish. 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,...

Social Commerce
LTK’s Ulrich on How Payments and AI Turn Creators Into Shoppable Stores
October 30, 2023

Creators wield significant influence in commerce — when they recommend products, they inspire and shape their followers’ choices. But the journey from inspiration to purchase is often encumbered by multiple steps like social media scrolling, product searching, link hunting, and price comparisons. This can discourage...

Regulation
FTC to Require Non-Banking Financial Institutions to Report Data Breaches
October 27, 2023

The Federal Trade Commission (FTC) will require non-banking financial institutions to report certain data security breaches. 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...

Banking
Banks Closed 11% of Supermarket Branches Over Past Year
October 27, 2023

While brick-and-mortar bank branches have been closing for years, those located within supermarkets are reportedly shutting at a rate that is seven times higher than that of other branches. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Payment Methods
Speed and Better Branding Needed to Boost Pay-by-Bank Adoption
October 27, 2023

The popularity of account-to-account (A2A) transfers, which involve direct electronic fund transfers between two bank accounts, has surged over the past decade, largely driven by the growing adoption of open banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Consumers Rethink Halloween Candy-Buying Strategies Due to Rising Prices
October 27, 2023

The rising cost of candy has reportedly led consumers to rethink their Halloween plans. 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...

Investments
Twinco Capital and BBVA Spark Join Forces on Trade Finance
October 27, 2023

Supply chain FinTech company Twinco Capital has secured an additional 50 million euro ($53 million) facility with BBVA Spark, a banking unit for high-growth and innovative companies, to help small- to medium-sized businesses (SMBs) in emerging countries access trade finance. Get the Full Story Complete the...