News

eCommerce
Nearly Half of Amazon Subscribe & Save Members Shop More Online Than In-Person
January 26, 2024

The rise of digital retail subscriptions has provided consumers with convenience such as scheduled deliveries of regularly used items, eliminating the need for frequent trips to physical stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Levi’s Direct-to-Consumer Bet Sparks Job Cuts
January 25, 2024

While competitors were hustling to land deals with retailers and forge partnerships to reach more consumers, Levi’s boldly went all-in on its direct-to-consumer (D2C) strategy in October.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
LVMH Sees Strong Growth With Kohl’s-Sephora Partnership 
January 25, 2024

Luxury goods giant LVMH, best known for brands like Louis Vuitton, Dior and Tiffany, reported a 10% surge in sales for the fourth quarter on Thursday (Jan. 25), outpacing the previous quarter. The momentum was fueled by robust demand, notably from Chinese consumers, who favored...

News
New X Passkey Feature Signals Ongoing Shift to Passwordless Future
January 25, 2024

The emergence of all-in-one apps promises unparalleled convenience, offering users a one-stop solution for various needs. From managing finances to staying connected with friends, these multifaceted applications aim to streamline daily activities, promising a more integrated and efficient experience for users. Get the Full Story...

eCommerce
Gen Z Consumers Are D2C Brands’ Best Customers
January 25, 2024

When it comes to buying directly from brands, Generation Z is ahead of the curve. 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
Trustmi Launches Sarbanes-Oxley Compliance Solution for Business Payments
January 25, 2024

Trustmi introduced its Sarbanes-Oxley (SOX) Compliance solution for business payments. 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...

Artificial Intelligence
OpenAI Unveils New Models and Lower Price
January 25, 2024

OpenAI introduced several additions to its artificial intelligence models and services. 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...

Artificial Intelligence
FTC Probes Big Tech and GenAI Partnerships’ Impact on Competition
January 25, 2024

The Federal Trade Commission has begun an inquiry into investments and partnerships in the generative artificial intelligence sector. 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
PayPal Rolls Out One-Click Checkout, Personalized Offers and ‘Smart Receipt’ Features
January 25, 2024

PayPal is introducing what it terms a “reimagined checkout experience” that will reduce checkout times by as much as 50%. In addition, it’s using artificial intelligence (AI) to craft personalized recommendations to consumers and has also announced cash-back offerings that CEO Alex Chriss said will...