News

Mobile Set to Overtake Desktop in $221 Billion Holiday Shopping Season
eCommerce
Mobile Set to Overtake Desktop in $221 Billion Holiday Shopping Season
October 05, 2023

This year’s holiday shopping season will belong to mobile sales and buy now, pay later. 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,...

Online Grocery Shopping is Growing, But Not as Quickly as Retail
eCommerce
Online Grocery Shopping is Growing, But Not as Quickly as Retail
October 05, 2023

Consumers may be engaging more with eGrocery, but the sector continues to grow more slowly than online shopping overall, PYMNTS Intelligence indicates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Grocers Push for Direct Fulfillment Amid Industry’s Digitization
eCommerce
Grocers Push for Direct Fulfillment Amid Industry’s Digitization
October 05, 2023

This week in grocery news, Ahold Delhaize USA grocers adopt new direct ordering apps, Ocado reportedly doubles down on automation, and online discount grocer Martie launches nationwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Central Banks, BIS and FI Projects Point to Growing Embrace of Tokenized Deposits
Banking
Central Banks, BIS and FI Projects Point to Growing Embrace of Tokenized Deposits
October 05, 2023

The Bank for International Settlements, central banks and traditional financial institutions (FIs) are in the midst of tackling various ways and means of creating and using tokenized bank deposits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Walmart Promotes Upcoming Deals as It Prepares ‘Holiday Kickoff’ Event
Retail
Walmart Promotes Upcoming Deals as It Prepares ‘Holiday Kickoff’ Event
October 05, 2023

Walmart has shared with the public some of the deals it will offer as it works to get a jump on its competitors by helping shoppers get an early start on their holiday shopping. Get the Full Story Complete the form to unlock this article and...

Birkenstock May Struggle to Find Footing in Rocky IPO Market
IPO
Birkenstock May Struggle to Find Footing in Rocky IPO Market
October 05, 2023

Birkenstock may need a bigger toe-hold in the direct-to-consumer market before it goes public. 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....

Lawmakers Raise Concerns Over Social Media’s Deepfake Problem
Security & Fraud
Lawmakers Raise Concerns Over Social Media’s Deepfake Problem
October 05, 2023

Generative artificial intelligence (AI) can digitally create nearly everything and anything. 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...

Cobre Raises $13 Million to Expand Payment Automation Platform
Investments
Cobre Raises $13 Million to Expand Payment Automation Platform
October 05, 2023

Cobre has reportedly raised $13 million to take its treasury platform beyond its native Colombia. 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...

Amex Adds Biometrics to SafeKey Authentication Tool
Biometrics
Amex Adds Biometrics to SafeKey Authentication Tool
October 05, 2023

American Express said it is adding facial and fingerprint recognition to its SafeKey authentication tool. 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,...