May 26, 2023
Australia Reclassifies BNPL as Credit While UK and US Regulators...
From Australia, the land that invented buy now, pay later (BNPL) as we now know it, comes news this week that laws are changing to treat the installment payment product...
May 26, 2023
Klarna Says Shoppers Want Recommendations Rather Than Search Results
Klarna aims to lead a shift in purchases from search to recommendations. While 80% of purchases currently originate from search, shoppers are now looking for recommendations instead, the buy now,...
May 26, 2023
Ulta Beauty Reports Strong Sales Growth Despite Dealing With Retail...
Ulta Beauty CEO Dave Kimbell shared the company’s first-quarter results on Thursday (May 25), highlighting a 12.3% increase in sales compared to the previous year. Same-store sales also experienced a...
May 25, 2023
Costco Reports Sales Growth Slows as Consumers Reduce Discretionary Purchases
Costco’s comparable sales growth has slowed as consumers reduce their purchases of discretionary items. The membership warehouse club’s comp sales rose 0.3% year over year during the quarter that ended...
May 25, 2023
Klaviyo Adds Buy With Prime to Marketing Platform
Marketing automation platform Klaviyo has launched an integration with Amazon’s Buy With Prime. The integration lets Klavio users “easily sync their Buy With Prime order and customer data with their Klaviyo account, giving them a...
May 25, 2023
64% of FIs Report Increases in Fraud Attacks on Credit...
The heated battle between fraudsters and financial institutions (FIs) got hotter during the pandemic-era run-up in eCommerce and the use of alternative payment methods. This joyless game of whack-a-mole is...
May 24, 2023
Ticket Resale Platforms Being Tested by Taylor Swift Tour
The ticket reselling business is being tested in new ways by the current Taylor Swift tour. While the pop star has tried to see that tickets go to fans rather...
May 24, 2023
Grocery’s Global Digital Growth Lags Behind Other Industries by 29%
As consumers increase their digital engagement across all parts of their lives, online grocery adoption is growing more slowly than other parts of people’s day-to-day routines. By the Numbers According...
May 24, 2023
Amazon One Introduces Age Verification to Reduce Alcohol Sales Friction
In an effort to remove friction from alcohol purchases at Just Walk Out locations, and in turn to boost adoption and customer frequency, Amazon is integrating age verification into its...
The U.S., U.K. and Europe are intensifying their efforts to develop and deploy the policies and infrastructure necessary to advance the use cases and real time payments volume of their domestic networks. This month’s “Real-Time Payments World Map,” a collaboration with The Clearing House, explores the progress and future developments of real-time payments across these regions.
Despite the tremendous growth in Click-and-Mortar™ shopping in Brazil over the last three years, the country’s retailers don’t offer 39% of the features that consumers want. PYMNTS Intelligence’s latest study, the “2024 Global Digital Shopping Index: Brazil Edition” commissioned by Visa Acceptance Solutions, draws on insights from 2,200 consumers and 622 merchants to reveal what Brazil’s merchants need to know to drive consumer satisfaction and loyalty.