News

Regulation
TikTok Faces Scrutiny Over Compliance With EU Regulations
July 18, 2023

TikTok reportedly failed to fully pass a recent test conducted by the European Union’s governing body, raising concerns that the popular social media platform is not yet compliant with upcoming regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Digital Banking
Neobank bunq Launches Cash Back and Savings Interest
July 18, 2023

European neobank bunq has added cash-back and savings bonuses to its offerings designed for digital nomads. 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...

Retail
Half Magic Leverages ‘Euphoria’ Buzz to Keep Consumers Engaged Amid Inflation
July 18, 2023

With consumers pulling back on unnecessary purchases amid macroeconomic challenges, direct-to-consumer (D2C) beauty brand Half Magic is seizing on its founder’s wide social following to keep shoppers coming back even as they mind their budgets more carefully. Get the Full Story Complete the form to...

Retail
Hollister Overhauls to Tap Impulse Buying Opportunity
July 18, 2023

Opinions may vary, but Hollister Co. has left a lasting impression on those who came of age in the early 2000s. Renowned for its beach-inspired ambiance, low lighting, and captivating fragrance that hovered between inviting and overwhelming, the brand offered a memorable shopping experience. Get...

Retail
Richemont Confirms China’s Diminishing Role in Luxury Retail 
July 18, 2023

China, once hailed as the savior of the luxury sector, is no longer providing the same support as before, at least for now. The industry had relied on a revival in China to offset the sluggishness in the U.S. market. However, this lifeline is no...

Retail
Zalando Introduces Body Measurement Tool to Reduce Returns 
July 18, 2023

To recoup costs for returns, retailers have traditionally relied on tactics such as high restocking fees or charging for returns. However, a new trend is emerging to promote informed and deliberate purchases to reduce returns. Zalando is the latest retailer to join this trend.  Get...

Retail
Dollar General Offers Cash Back as Consumers Hunt Low Prices
July 18, 2023

Dollar General says it wants to help its customers earn cash back on purchases. 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
Super App Companies Scale Back Plans Amid Funding Drought
July 18, 2023

While consumers are excited about super apps, some investors apparently aren’t as sure. 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....

Security & Fraud
Bottomline and Pay.UK Team on Fraud Prevention
July 17, 2023

Payments FinTech Bottomline has teamed with Pay.UK to help companies prevent fraud. 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...