News

Retail
Can Shop Cash Turn Shopify Into an Amazon Challenger?
November 03, 2023

I’m feeling flush. 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 form, you agree to receive marketing communications...

Fintech Investments
FinTech IPO Index Surges 6%, as SoFi and NerdWallet Post Quarterly Results 
November 03, 2023

Earnings season is in full swing, and has given several names in the FinTech IPO Index a boost. 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...

Faster Payments
Over 70% of Consumers Do Not Believe Real-Time Payments Are Truly Instant
November 03, 2023

Consumers are increasingly embracing the immediacy and transparency offered by real-time payments. And the migration to ISO 20022, a new global standard for secure and efficient messaging between financial institutions (FIs), is expected to further accelerate this trend. Get the Full Story Complete the form...

Retail
Amazon and Walmart Square Off Over Buy Now, Pay Later
November 03, 2023

This week, Walmart Canada introduced a new offering, allowing its customers to opt for an interest-free buy now, pay later (BNPL) payment method, which is powered by Klarna. Shoppers visiting Walmart.ca and using the Walmart Canada and Klarna mobile apps can now enjoy increased payment...

Retail
Pickle CEO Says They’re the DoorDash for Fashion Rentals
November 03, 2023

The demand for rental clothing, accessories and even footwear is gaining momentum. Inflationary pressures are not the only factor driving this trend, as consumers discover an alternate way to keep up with the latest fashion trends without breaking the bank. Get the Full Story Complete...

IPO
Report: Ibotta Prepares for $2 Billion IPO
November 02, 2023

Ibotta, the digital marketing software firm, is reportedly gearing up for an initial public offering (IPO) that could value the company at $2 billion or more. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
NRF Expects Holiday Spending to Return to Pre-Pandemic Growth Rate
November 02, 2023

The National Retail Federation (NRF) forecasts record spending during the upcoming holiday season. 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...

Retail
Target CEO: Stressed Consumers Trim Grocery Budgets
November 02, 2023

Target CEO Brian Cornell said the strain consumers are feeling has finally begun to impact grocery sales. 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...

Artificial Intelligence
US Tackles AI Frontier Models While UK Spearheads Supranational Safety
November 02, 2023

As artificial intelligence (AI) advances, fears that it will catastrophically end humanity in a “catastrophic” way are growing. 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...