News

Retail
Oddity’s AI-Powered Product Development Spurs Repeat Purchases
October 04, 2023

On Monday (Oct 2), Oddity Tech reported third-quarter results that showed revenue growth of 29% to 31% and attributed this to repeat sales in its Il Makiage and Spoiled Child brands.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Delivery
Uber Adds Returns to Package Delivery Service
October 04, 2023

Uber’s package delivery service is now also a package return service. 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...

eCommerce
Squarespace Adds Payments to Serve the Needs of ‘Long Tail’ eCommerce Sellers
October 04, 2023

Dan Chandre, Squarespace vice president, head of Acuity and payments, told Karen Webster that a key to connecting merchants with his firm’s platform lies with payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
Next-Level Care: Generative AI Poised for $22B Growth in Healthcare
October 04, 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...

Retail
Is Sustainability Truly Sustainable for Retailers? 
October 04, 2023

Projections suggest that the resale industry will surge to $53 billion in 2023. Interestingly, prominent players like The RealReal have yet to achieve profitability. While the specific factors contributing to The RealReal’s persistent lack of profitability since its establishment in 2011 remain uncertain, it’s worth noting that...

Artificial Intelligence
Banks Need to Be on the Cutting Edge of AI’s Double-Edged Fraud Sword
October 04, 2023

The greatest innovations are those that democratize access to new skills and empower populations. 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...

Biometrics
Restaurants Considering Biometric Payments May Want to Try Fingerprint Scans
October 04, 2023

As biometric payments catch on across industries, restaurants looking to use these technologies to reduce friction in transactions may be best served by fingerprint scan technology, even if facial recognition is more common, PYMNTS Intelligence suggests. Get the Full Story Complete the form to unlock...

Artificial Intelligence
Visa Wants Generative AI to Fuel Tomorrow’s Payments Ecosystem
October 03, 2023

The payments industry continues to be transformed and remade by the 21st century’s digital shift.  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
Macy’s to Triple Number of Small-Format Stores by 2025
October 03, 2023

Macy’s plans to open as many as 30 additional small-format stores across the United States, as part of an accelerated expansion strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...