News

Retail
Retailers Adopt ‘Returnless’ Policies to Cut Costs and Boost Satisfaction
November 30, 2023

Retailers are increasingly adopting “keep it” or “returnless” policies for unwanted products. 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...

International
Robinhood Expands Trading Platform to the UK
November 30, 2023

Much like its fictional namesake, trading platform Robinhood is now a part of the United Kingdom. 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...

Payment Methods
Lack of Split-Pay Option May Cost Merchants 22% of Customers
November 30, 2023

Merchants can maximize their competitiveness by offering split-pay options — and should do so if they don’t want to lose potential sales or want to see their active customers migrating to other competitors that offer this convenience. Get the Full Story Complete the form to...

Cross-border Payments
Swift Launches Cross-Border Instant Payments
November 30, 2023

Global messaging platform Swift says cross-border payments to Europe can reach their destination in seconds. 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,...

Cross-border Payments
Cross-Border Payments Complexities Force Focus on ‘Customer Experience,’ Says Citi
November 30, 2023

The promise of embedding payments in cross-border commerce is a multitrillion-dollar opportunity, Amit Agarwal, Global Co-Head of Payments and Receivables, Treasury and Trade Solutions (TTS) at Citi, told Karen Webster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
The Year That Led to Farfetch’s Earnings Call No-Show 
November 30, 2023

After a year filled with surprising developments, Farfetch appears to be continuing its trend of unexpected moves. The online luxury retailer revealed this week that it will not be disclosing its financial results for the third quarter of 2023, and the scheduled conference call for...

Retail
Five Below Says ‘Value and Fun’ Drive Better-Than-Expected Sales
November 29, 2023

Specialty discount retailer Five Below said it is driving sales by offering customers both value and fun. 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,...

Regulation
Rep. Patrick McHenry Says CFPB Vilifies Financial Services Industry
November 29, 2023

House Financial Services Committee (HFSC) Chairman Patrick McHenry of North Carolina said Wednesday (Nov. 29) the Consumer Financial Protection Bureau (CFPB) is serving as a political actor rather than an independent financial regulator. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Treasury Department Seeks Expanded Powers to Combat Illicit Finance
November 29, 2023

The Department of the Treasury is seeking expanded powers to combat the use of digital assets in illicit finance. 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...