News

Social Commerce
New Twitter CEO’s Goal: Turning Platform to ‘Twitter 2.0’
May 14, 2023

Twitter’s new CEO says she’s excited to “transform” the social media platform. 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...

Security & Fraud
UK Records $1.5 Billion in Fraud in 2022
May 14, 2023

Fraudsters stole more than £1.2 billion ($1.5 billion) in the U.K. last year, down 8% since 2021. 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...

Retail
Will Consumers Pay $50 for Drugstore Brand Sunscreen?
May 13, 2023

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 from PYMNTS and...

Investments
Salsa Raises $10 Million to Help Platforms Embed Payroll Features
May 12, 2023

Salsa has raised $10 million to help software platforms embed payroll features inside their own products. 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,...

B2B Payments
Ahrvo Labs Launches Cross-Border Open Banking Platform Supporting 185 Currencies
May 12, 2023

Ahrvo Labs has launched a platform that allows any authenticated bank account to be used for cross-border transactions. 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...

eCommerce
Merchants Offer Dozens of Features to Get Shoppers to Buy, Here Are the 10 That...
May 12, 2023

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Retail
Wholesale Inventory Data Shows Value of Real-Time Tracking Amid Softening Demand
May 12, 2023

Government data released this week hints that retailers are in for a protracted struggle through the next few months. 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...

Artificial Intelligence
Goldman Sachs Spinoff Louisa Expands Availability of Corporate Networking Platform
May 12, 2023

A social media platform for employees that is used by Goldman Sachs is becoming more widely available. 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
Lululemon Wants Consumers to Trade in Dupes for the Real Thing 
May 12, 2023

Irrespective of inflation, consumers have consistently preferred dupes, counterfeits or private label (store) brands. And as this increasingly becomes a reality, especially as consumers have become more vocal about their frugal ways — some might even call it a frugal flex, brands and retailers have...