News

Retail
Amazon and Walmart Square Off Over Buy Now, Pay Later
November 03, 2023

This week, Walmart Canada introduced a new offering, allowing its customers to opt for an interest-free buy now, pay later (BNPL) payment method, which is powered by Klarna. Shoppers visiting Walmart.ca and using the Walmart Canada and Klarna mobile apps can now enjoy increased payment...

Retail
Pickle CEO Says They’re the DoorDash for Fashion Rentals
November 03, 2023

The demand for rental clothing, accessories and even footwear is gaining momentum. Inflationary pressures are not the only factor driving this trend, as consumers discover an alternate way to keep up with the latest fashion trends without breaking the bank. Get the Full Story Complete...

IPO
Report: Ibotta Prepares for $2 Billion IPO
November 02, 2023

Ibotta, the digital marketing software firm, is reportedly gearing up for an initial public offering (IPO) that could value the company at $2 billion or more. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
NRF Expects Holiday Spending to Return to Pre-Pandemic Growth Rate
November 02, 2023

The National Retail Federation (NRF) forecasts record spending during the upcoming holiday season. 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...

Retail
Target CEO: Stressed Consumers Trim Grocery Budgets
November 02, 2023

Target CEO Brian Cornell said the strain consumers are feeling has finally begun to impact grocery sales. 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...

Artificial Intelligence
US Tackles AI Frontier Models While UK Spearheads Supranational Safety
November 02, 2023

As artificial intelligence (AI) advances, fears that it will catastrophically end humanity in a “catastrophic” way are growing. 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...

Payment Methods
Installment Plans Ease Holiday Financial Stress of Inflation
November 02, 2023

As consumers struggle with tight finances, particularly during the holiday season, access to installment plans like buy now, pay later (BNPL) has become a popular financial management tool. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

eCommerce
Mondelēz Sees Online Grocery Growth Provide Competitive Edge
November 02, 2023

Mondelēz International is seeing its growing eCommerce business lead to share gains against competitors. 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...

Payment Methods
Amex Picks Nuvei to Promote Bank Transfer Payments
November 02, 2023

Nuvei has become the first acquirer to sell American Express’ open banking payment method. 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...