News

Amazon Taps Cloud Dominance for Edge in AI Arms Race
Artificial Intelligence
Amazon Taps Cloud Dominance for Edge in AI Arms Race
June 30, 2023

Technology drives growth, and the pace of change is accelerating. 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...

Denny’s Relaunches Loyalty Program as Restaurants Gamify Rewards
Loyalty & Rewards
Denny’s Relaunches Loyalty Program as Restaurants Gamify Rewards
June 30, 2023

Across the restaurant industry, brands are getting more targeted with their promotions, and Denny’s has become the latest to tap data-informed, personalized “challenges” to get more return on its rewards investments. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Authentic Brands Group Gains $500 Million Investment to Support Expansion
Retail
Authentic Brands Group Gains $500 Million Investment to Support Expansion
June 30, 2023

Authentic Brands Group has received a $500 million primary follow-on investment from growth equity firm General Atlantic. 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...

Staples Begins Accepting Amazon Returns Amid Expansion of In-Store Services
Retail
Staples Begins Accepting Amazon Returns Amid Expansion of In-Store Services
June 30, 2023

All Staples retail stores in the United States will soon be handling returns for Amazon customers. 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...

Why Old Accounts Receivable Systems Cost Firms New Business
B2B Payments
Why Old Accounts Receivable Systems Cost Firms New Business
June 30, 2023

There’s a reason that business processes get the “consumer” treatment, not the other way around. 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,...

Consumers Purchase Groceries at Walmart, Saving Pricier Item Spend for Amazon
Retail
Consumers Purchase Groceries at Walmart, Saving Pricier Item Spend for Amazon
June 30, 2023

Walmart’s strength may lie in its numbers, as its purchase rate far beats its closest competition. 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...

FinTech IPO Gains 1.5% as Opendoor Surges on Sell-Side Enthusiasm 
Fintech Investments
FinTech IPO Gains 1.5% as Opendoor Surges on Sell-Side Enthusiasm 
June 30, 2023

The platforms surged — many of them anyway.   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...

Nike’s Share of Direct Sales Hits $21.3 Billion, a 14% increase in FY 2023
Retail
Nike’s Share of Direct Sales Hits $21.3 Billion, a 14% increase in FY 2023
June 29, 2023

While Nike may have rekindled its relationships with wholesale partners Macy’s and DSW, the apparel and footwear giant isn’t looking to go full throttle on wholesale, unless consumers want it. Well, maybe. Let’s dig into that.  Get the Full Story Complete the form to unlock...

Unit21 Raises $45 Million to Grow Fintech Fraud DAO Consortium
Security & Fraud
Unit21 Raises $45 Million to Grow Fintech Fraud DAO Consortium
June 29, 2023

Unit21 has raised $45 million in a Series C round to grow the Fintech Fraud DAO consortium. 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...