News

Retail
Online Fashion Retailer Revolve Considers Adding More Brick-and-Mortar Stores
August 02, 2024

Online fashion retailer Revolve Group is reportedly looking at opening more brick-and-mortar stores in luxury destinations after opening its first such store in Aspen, Colorado, in June. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Walmart and Amazon Step Up the Race for Digital Ad Spending
August 02, 2024

As Walmart and Amazon look to boost their margins through digital media sales, the two retail giants are sweetening the deal for potential advertisers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fintech Investments
FinTech IPO Index Loses 5% as NerdWallet and Lemonade Slip on Earnings
August 02, 2024

Earnings season’s in full swing and proved to be less than kind to the FinTech IPO Index, which gave up 5%. Double digit declines on the heels of various quarterly reports proved to be common through the last several sessions. Get the Full Story Complete...

Security & Fraud
More Than Half of US Consumers Use P2P Apps to Send Money
August 02, 2024

Consumers are turning to peer-to-peer (P2P) apps like Venmo and Zelle for quick and easy money transfers. But while these services have become ubiquitous, concerns about fraud are casting a shadow over their growth. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Push Payments Fraud in UK Hit $433 Million in 2023
August 01, 2024

Push payments fraud in the U.K. increased in volume last year, while declining in value. 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,...

Loyalty & Rewards
Rewards Drive Mobile Wallet Use for One-Third of eCommerce Shoppers
August 01, 2024

Rewards are a stronger draw for digital wallet users shopping via digital channels than those making purchases in person. 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...

Payments Innovation
Tokenization’s Rise Offers New Ways to Monetize Data and Real World Assets
August 01, 2024

The concept behind tokenization is simple. 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...

Security & Fraud
SEC: Founder of Social Platform IRL Defrauded Investors
August 01, 2024

In internet lingo, the abbreviation IRL means “in real life.” 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...

B2B Payments
Trading in Paper for Technology Tops This Week in B2B
August 01, 2024

The phrase “going digital” has transformed from a mantra to a business model. And at the same time, the transformation from paper-based processes to digital solutions has become not just a strategy but an imperative — one that is revolutionizing B2B payments and operations. Get...