News

Retail
Amazon Fashion Becomes Its Own Force as Walmart Reconsiders Brand Acquisitions
June 16, 2023

Sometimes it is a selective and focused sales strategy instead of broad appeal that may see overwhelming results. 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...

Social Commerce
Meta Platforms’ Instagram Expands Broadcast Channels Globally
June 15, 2023

Instagram is taking its Broadcast Channels feature global to provide creators with a new way of connecting with their followers on a larger scale.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Blackbird.AI Raises $20 Million to Fight Market Manipulation
June 15, 2023

Blackbird.AI, a narrative and risk intelligence firm driven by artificial intelligence (AI), has secured $20 million in Series B funding to ramp up its sales and marketing efforts, extend its offering to more customers and raise awareness around disinformation in key industries. Get the Full...

eCommerce
Alibaba to Bring Tmall eCommerce Site to Europe
June 15, 2023

Alibaba, the Chinese eCommerce behemoth, is planning to expand its Tmall eCommerce site to Europe, according to Michael Evans, president of Alibaba Group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
Fed and SEC Probe Goldman Sachs’ Actions in SVB’s Last Days
June 15, 2023

Federal officials are reportedly probing Goldman Sachs’ involvement in the final days of Silicon Valley Bank. 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...

Retail
Kroger Says AI Boosted Digital Coupon Redemption by 180 Million in Q1
June 15, 2023

Kroger is using artificial intelligence (AI) to drive spending among inflation-concerned shoppers, utilizing consumer data to be more effective with its digital couponing efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Social Commerce
TikTok Looks to Southeast Asia to Drive eCommerce Growth
June 15, 2023

TikTok will invest billions in Southeast Asia as it undergoes scrutiny elsewhere in the world. 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,...

Retail
Global Retailers Set Sights on Slice of US Consumer Spend
June 15, 2023

Overseas retailers, once focused on expansion in global markets, are showing increasing interest in claiming a stake in the United States, seeking to make their presence known both online and in-store. As reported in June by The Wall Street Journal, global brands such as Mango...

Cross-border Payments
Visa and Sunrate Team on X-Border Business Payments
June 15, 2023

Visa and payment and treasury management platform Sunrate have teamed to boost its cross-border payment offerings. 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,...