News

Social Commerce
Report: Snapchat Cuts Dozens of Jobs With More Layoffs Planned
February 04, 2024

Snapchat parent Snap has reportedly laid off workers with more job cuts to come. 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...

IPO
IPO Market Recovery Could ‘Take Some Time’
February 04, 2024

So far, 2024 has been something of a mixed bag for high-profile IPOs. 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....

Digital Banking
LendingClub Completes Standard Operating Agreement for New Bank
February 02, 2024

LendingClub exited the standard operating agreement for a new bank with the Office of the Comptroller of the Currency, having met all the requirements noted in the operating agreement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Loyalty & Rewards
Consumers Want Their Personalized Loyalty Offers Delivered via Email
February 02, 2024

As brands push communication through their mobile apps, consumers maintain that they would rather get their personalized offers through good, old-fashioned email. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Launch of Apple Vision Pro Supercharges Retailers’ Adoption of VR
February 02, 2024

Mixed-reality technology is reshaping the landscape of the retail industry, ushering in an era of immersive experiences for consumers that blend the digital and physical. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Report: Identity Theft Indictments Include Conspirators in $400 Million FTX Hack
February 02, 2024

Three individuals have been indicted for their involvement in an identity theft conspiracy, which reportedly included a $400 million hack of cryptocurrency exchange FTX. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
Paytm Vows to Keep Digital Wallet Working Amid Regulatory Challenges
February 02, 2024

Paytm, an India-based digital payments firm, is facing uncertainty regarding its license as the Reserve Bank of India ordered it to stop accepting deposits after Feb. 29. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Report: Alibaba Gauges Potential Buyers’ Interest in Brick-and-Mortar Businesses
February 02, 2024

Chinese tech giant Alibaba Group is reportedly considering selling several of its brick-and-mortar businesses, including grocery business Freshippo, retailer RT-Mart and shopping mall operator Intime. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
e.l.f. Cosmetics Launches Mixed-Reality Shopping App for Apple Vision Pro
February 02, 2024

e.l.f. Cosmetics has launched a beauty shopping app for Apple’s new spatial computer, Vision Pro. 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,...