News

IPO
Report: Swiggy to Seek $15 Billion Valuation in IPO
August 23, 2024

Indian food delivery company Swiggy is reportedly planning to launch one of the country’s biggest initial public offerings (IPOs) of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Businesses Can Navigate Returns Fraud Without Alienating Consumers, Loop CEO Says
August 23, 2024

Returns fraud and policy abuse have surged to unprecedented levels, with U.S. merchants losing an estimated $101 billion in 2023 due to these issues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Ross Stores and TJ Maxx Add Stores; Target Focuses on Digital Engagement
August 23, 2024

Second-quarter earnings reports for Ross Stores, TJX Companies (parent of TJ Maxx) and Target unveiled a mixed bag of results against a backdrop of economic uncertainty and ongoing supply chain disruptions. While the three retailers have carved out their respective niches, they face unique obstacles...

Artificial Intelligence
AI Search Startup Perplexity Dives Into Ad Game
August 23, 2024

Perplexity AI, a billion-dollar artificial intelligence search startup, is reportedly preparing to monetize its platform through ads in the fourth quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

eCommerce
Revolut Business Payment Gateway Integrates With BigCommerce
August 23, 2024

The Revolut Business Payment Gateway can now be integrated with BigCommerce, Revolut said in a Friday (Aug. 23) post on LinkedIn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
Programming Proves to Be Profitable Application of GenAI Technology
August 23, 2024

While generative artificial intelligence is not yet making money in some fields, it has reportedly quickly proven its value in powering coding assistants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Game Day Every Day: How AWS Prepares for the Unexpected
August 23, 2024

Practice makes perfect, as the adage goes, even when you’re practicing failure. 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...

Retail
50% of Amazon Prime, Walmart+ Subscribers Step Up During Sales Events
August 23, 2024

As retailers vie to capture consumer interest, the juxtaposition of Amazon Prime Day and Walmart+ Week underscores the evolving landscape of shopper loyalty. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
$875 Up for Grabs: Amazon and Walmart Woo Back-to-School Shoppers
August 23, 2024

As school season approaches, prompting parents to shell out hundreds of dollars, retail giants Amazon and Walmart are each vying to be shoppers’ go-to for their scholastic needs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...