News

Payment Methods
This Week In Payments: Rules for AI, Block Picks a Fee Fight and FedNow Arrives
July 21, 2023

This week in payments saw the SEC weigh in on artificial intelligence (AI), the long-awaited debut of the FedNow instant payments rail to mixed reviews, and payment processor Block taking on major credit card issuers over fees. Get the Full Story Complete the form to...

Retail
UK Retail Sales Rise 0.7% Amid Good Weather and Sales
July 21, 2023

British consumers’ purchases rose by 0.7% in June after increasing just 0.1% in May. 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...

Social Commerce
Threads User Engagement Drops to 4 Minutes From 19 Minutes
July 21, 2023

Threads’ user engagement reportedly continued to decline in the second week since its launch. 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...

Retail
Barbie’s Wardrobe and Zales’ Jewelry Are Available to Rent  
July 21, 2023

Resale and rental have become hot initiatives among retailers. The intention is to cater to consumers’ changing preferences and values, while also mitigating the effects of inflation. But are these initiatives panning out? We’ll find out at the next earnings call for some of the...

Social Commerce
TikTok Shop Partners With Atome to Offer Installment Payments in Malaysia
July 21, 2023

TikTok Shop has partnered with buy now, pay later (BNPL) service Atome to offer installment payments in Malaysia. 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,...

Payments Innovation
Rather Than Build In-House Most US and UK Convenience Stores Outsource Payment Innovation
July 21, 2023

What payment methods are being explored by retailers in the grocery, pharmacy and convenience store arenas? It depends, as these retailers have different needs that digital payments must play to. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

IPO
Toast’s 15.5% Plunge Helps Lead FinTech IPO Index Lower for the Week
July 21, 2023

Toast shares got scorched in a week that saw the FinTech IPO Index give up 0.3%. 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...

Payment Methods
AMC Theatres Ends Seat-Based Pricing After Pilot Program
July 20, 2023

AMC Theatres will wind down its seat-based pricing initiative after testing it in three markets. 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...

Retail
Finio Launches Credit Aggregation Platform for Powersports Industry
July 20, 2023

Finio has launched a credit aggregation platform for leisure marine, powersports, motorcycle, recreational vehicle (RV), truck and other industries. 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...