News

Regulation
Microsoft to Unbundle Teams From Office in EU to Address Antitrust Concerns
August 31, 2023

Microsoft has announced plans to unbundle its Teams software from its Office suite in Europe in response to concerns raised in an antitrust investigation by the European Union (EU), The Wall Street Journal reported on Thursday (Aug. 31). Get the Full Story Complete the form to unlock...

Investments
Ivy Secures $20 Million in Funding to Expand Global Open Banking Network
August 31, 2023

Berlin-based startup Ivy has raised $20 million in Series A funding to expand its global network for open banking 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...

Retail
Victoria’s Secret CEO Says Less May Be More for Shoppers
August 31, 2023

The “less is more” approach seems to be a winning strategy for Victoria’s Secret, as the lingerie retailer showcased a robust August despite a weak quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Delivery
Gopuff Ads Launches in UK as Aggregators Expand Marketing Capabilities
August 31, 2023

Gopuff is expanding its advertising business overseas as leading players across the on-demand delivery business increasingly leverage these capabilities to boost their margins. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Inlogik and Conferma Pay Partner on Solution for Business Travelers
August 31, 2023

Inlogik and Conferma Pay have partnered to introduce a solution for business travelers that aims to simplify and automate the reconciliation of hotel expenses using virtual card technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
KnitWell Group Brings Together Ann Taylor, Loft and Talbots
August 31, 2023

Three brands in the specialty apparel retail industry have been brought together in the KnitWell Group, a new holding company formed by private equity firm Sycamore Partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Nearly Half of US Retailers Adopt Omnichannel Customer Data Innovations to Improve Operations
August 31, 2023

In today’s competitive retail landscape, understanding and leveraging customer data have become paramount for retailers. In fact, recognizing the value of omnichannel customer data and actively seeking innovative ways to gather and utilize these insights can enhance retailers’ operations and improve the overall shopping experience. ...

Artificial Intelligence
Tackling AI With AI May Not Be Ideal. Not Yet, at Least.
August 31, 2023

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 receive marketing communications from PYMNTS and...

eCommerce
Patagonia’s Merchandise Pivot Sparks Search for Sustainable Swag Solutions
August 31, 2023

When Patagonia exited the business of creating company swag, it was almost as if it was the end of an era of the unofficial uniform for finance bros everywhere.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...