News

Faster Payments
What All Banks Can Learn From Bank of England’s June 2023 ISO 20022 Migration
July 17, 2023

When it comes to embracing new ways of doing things in payments — adopting standards, fostering new use cases — boring is good. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Social Commerce
Musk: Twitter Still Cash Negative as Ad Revenues Plunge 50%
July 16, 2023

Twitter’s owner says the platform has yet to see a positive cash flow. 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....

Investments
Venture Capital Firms Slash ‘Megafunds’ Even Amid AI Boom
July 16, 2023

Venture capital (VC) outfits are reportedly shrinking their megafunds after years of building them up. 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,...

Social Commerce
Albertsons Tests Shoppable Facebook Video Ads as Grocers Digitize Circulars
July 14, 2023

As grocers look for the most effective digital coupon strategies, Albertsons is testing dynamic, shoppable ads with Facebook and Instagram. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Banking
Bank Earnings Paint Picture of Resilient Consumers
July 14, 2023

Data tells a tale just as much as management commentary on analyst calls during earnings 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...

Investments
Investing App Robinhood Expands with Retirement Account Options
July 14, 2023

Robinhood’s retirement accounts are diversifying its revenues and widening its customer base. 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...

Social Commerce
Snap Enables Profile Links but Which Creators Will Convert? 
July 14, 2023

With platforms like TikTok, Facebook, and Instagram making it faster and more convenient for consumers worldwide to share their shopping experiences and kick-start retail trends, Snapchat has now joined the fray. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Is Diversifying the Answer? Sean ‘Diddy’ Combs Says No, Launches Curated Marketplace
July 14, 2023

While there’s been a growing recognition around the mass potential of niche markets, brands and retailers have recently looked to diversify their offerings, hoping to convert more browsers into paying customers. But is it the right move for everyone? Should brands and retailers play the...

Retail
Selfridges Launches Loyalty Program Powered by QR Code and App
July 14, 2023

Selfridges has launched a new loyalty program powered by a QR code and an app. 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...