News

Retail
Millennial Student Loan Repayments Threaten Amazon, Walmart’s Bottom Line 
June 08, 2023

Millennials with student loans to lose 6.5% of spending power as repayments resume. That’s the headline PYMNTS reported this week and it’s a headline that’s going to be detrimental to the retail landscape.  Get the Full Story Complete the form to unlock this article and...

Retail
Is In-Store a Breeding Ground for Impulse Buying? 
June 08, 2023

While the return to in-store experiences always seems to be in flux these days, the value the store brings to the customer remains a question. Is the ability to get a consumer into your store mean you have a customer who has intent? Going further,...

Retail
Worldline and BigCommerce Team to Prevent Cart Abandonment
June 08, 2023

Payments services company Worldline has teamed with BigCommerce to tackle the problem of cart abandonment. 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,...

eCommerce
Report: TikTok Plans to Quadruple Its eCommerce Network
June 08, 2023

TikTok is reportedly looking to Southeast Asia to massively expand its eCommerce business. 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....

Regulation
Credit Card Competition Act Puts Merchants, Not Consumers, in Charge of Card Rewards and Payments...
June 07, 2023

If at first you don’t succeed, try, try again. That seems to be the prevailing sentiment Wednesday (June 7) when it was announced that the Credit Card Competition Act legislation is being reintroduced on Capitol Hill.   Get the Full Story Complete the form to unlock this...

B2B Payments
Zaggle Launches ‘DIY’ Employee Expense Automation Platform for Growing Businesses
June 07, 2023

Indian B2B FinTech Zaggle has launched an employee expense automation platform designed for growing businesses. 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....

Retail
Online Grocery Customers Spend 32% More Per Purchase Than In-Store
June 07, 2023

Online grocery may only account for a small fraction of total grocery purchases, but those who have adopted digital channels represent grocers’ biggest spenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
FTC Highlights Enforcement Actions Related to Financial Abuses
June 07, 2023

The Federal Trade Commission (FTC) undertook enforcement actions around automobile purchasing and financing, payday lending, and credit repair and debt relief in 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
UK Regulator: Banks Have Five Days to Reimburse Push Payments Fraud Victims
June 07, 2023

Authorized push payments (APP) fraud victims in the U.K. could soon see faster reimbursements. 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...