News

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...

Artificial Intelligence
Moving Generative AI Beyond Its ‘Bronze Age’ Moment
July 14, 2023

According to Shaunt Sarkissian, CEO of AI-ID, artificial intelligence (AI) is in the midst of its “Bronze Age.” 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...

Payments Innovation
An Online Payments Pioneer on What It Will Take to Scale Pay by Bank in...
July 14, 2023

Disruptive innovations don’t just change the game; they often level the playing field. 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....

Fintech Investments
 FinTech IPO Index Soars 11.9% as Upstart Gains 29% and Platforms Surge 
July 14, 2023

This past week might be titled “The Great Platform Rally of 2023.” 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...

Retail
Report: Amazon Shoppers 20% More Likely to Know Site’s Digital Features Than Walmart
July 14, 2023

Walmart may be learning the hard way that having the most sought-after digital features barely matters if customers do not know they exist. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
FTC Chair Lina Khan Faces Republican Scrutiny Over Budget Increase
July 13, 2023

Federal Trade Commission (FTC) Chair Lina Khan faced scrutiny from Republicans at a Thursday (July 13) House Judiciary Committee Oversight hearing. 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...

Delivery
Threatened UPS Strike Could Cost US Economy Billions
July 13, 2023

A looming strike at United Parcel Service (UPS) could have a sharp economic impact. 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....

Delivery
Instacart Teams With Industrious on Same-Day Delivery at Coworking Spaces
July 13, 2023

Capitalizing on shifts in how consumers work, Instacart is going after the coworking spaces market with its latest partnership, seizing on businesses’ desire to draw consumers back into physical workplaces. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...