News

Payment Methods
Credit Cards vs BNPL: A Matter of Shifting Shopper Demographics
June 01, 2023

Access to credit, the value of credit in managing personal finances, and fear of debt are all coming into play at a time when over 60% of U.S. households live paycheck to paycheck, including those bringing in six-figure salaries, with many struggling to make ends...

Retail
Telos and GameStop Team to Bring Web3 Gaming Mainstream
June 01, 2023

The Telos Foundation has teamed with GameStop to help mainstream Web3-based gaming. 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
eBay Deepens Luxury Push With Streetwear Authentication
June 01, 2023

eBay has begun authenticating streetwear as part of its push into the luxury market. 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
Nordstrom Defies Retail Slump With Surprising Quarterly Profit and Strong Revenue Growth 
June 01, 2023

In the previous quarter, PYMNTS dubbed Nordstrom’s strategy of excessive discounting as the “big blue mistake.” However, on Wednesday (May 31), the retailer has proven itself resilient by posting a surprise quarterly profit and surpassing revenue estimates. The company’s turnout was attributed to improved inventory...

B2B Payments
JPMorgan Debuts Payments Partner Marketplace
June 01, 2023

JPMorgan Chase is giving business clients deeper access into its $9.6 trillion payments network. 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
Petco Opens One-Stop Destination for Pet Health and Wellness in New York City 
June 01, 2023

Petco, where the pets go. That’s the motto the specialty retailer aims to bring to its latest retail development: Petco’s flagship store in Union Square in New York City.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Payment Methods
Snapshot-to-Digital IDs and Private Passes Expand Google Wallet’s Role as Credentials Hub  
June 01, 2023

General-purpose digital wallets started life in most parts of the world, including the U.S., as substitutes for physical credit cards at the point of sale — and promised to change how people pay. Get the Full Story Complete the form to unlock this article and...

Banking
Banking Crisis Saps FDIC Insurance Fund
June 01, 2023

The recent banking crisis has strained the U.S. government’s deposit insurance fund. 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...

B2B Payments
Uber Freight Says Digital Payments Help Transportation Firms Battle Rising Tide of Fraud
June 01, 2023

Amid the great digital shift, and in the post-pandemic world, the transportation industry is undergoing significant changes. 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...