News

Cross-border Payments
Intermex Partners With Visa to Expand Money Transfer Services
December 19, 2023

International Money Express (Intermex) has partnered with Visa to extend its money transfer services to more than 20 countries that it didn’t previously serve. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Tonal Looks to Pick up Lululemon’s Broken Mirror Pieces With Trade-in Program
December 19, 2023

When Lululemon bought Mirror in 2020, it was a move to expand beyond selling clothes and tap into the growing trend of working out at home. The Mirror device, an interactive mirror that provides different workout classes and personalized exercises, fit well with Lululemon’s focus...

Retail
Grocers Seize on Holiday Spending Anxiety to Drive Digital Adoption
December 19, 2023

With consumers’ budgets coming under pressure over the holiday season, leading grocers including Kroger and Walmart have launched digital deals to boost eCommerce engagement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Can Coupang’s $500 Million Lifeline Save Farfetch From Falling Out of Fashion?
December 19, 2023

After a roller coaster year of surprises, including a November decision to withhold its earnings results for the third quarter of 2023 and the cancellation of its planned conference call, Farfetch has been acquired by South Korean eCommerce giant Coupang. Get the Full Story Complete...

CFPB
CFPB: US Bank Illegally Blocked Workers From Unemployment Benefits
December 19, 2023

America’s consumer watchdog said U.S. Bank wrongly kept workers from unemployment benefits during the pandemic. 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,...

CFPB
CFPB: Student Banking Products Have Unusually High Fees
December 19, 2023

American college students’ first bank accounts might end up being their worst bank accounts. 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...

Artificial Intelligence
How AI Firms Plan to Build, Then Control, Superhuman Intelligence
December 19, 2023

At the center of many of humanity’s most compelling problems and innovations lie inscrutable paradoxes.  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,...

Security & Fraud
Comcast Reports Hack Exposed Data of Nearly 36 Million Xfinity Customers 
December 19, 2023

Comcast says hackers stole personal data from millions of customers during a recent breach. 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....

eCommerce
Tokens.com Launches Platform for Advertising Within Virtual Gaming Worlds
December 19, 2023

Tokens.com has launched a proprietary eCommerce platform that allows product placement and advertising within virtual gaming worlds like Roblox and Fortnite.  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...