News

Retail
Footwear Retailers Launch Branded Resale, but Who’s Buying?
May 09, 2023

While apparel retailers are increasingly making forays into branded resale, creeping behind is footwear. Recently, Toms Shoes launched its resale initiative in partnership with thredUP and Sam Edelman in partnership with Archive, indicating that consumers are willing to not only resell items across more categories...

Loyalty & Rewards
‘Branded Currency’ Unlocks $21 Billion of Unspent Gift Cards
May 09, 2023

Brands face a conundrum when it comes to boosting top lines. 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...

Artificial Intelligence
Generative AI Aimed at Making Business Payments Customer-First
May 09, 2023

Generative artificial intelligence (AI) solutions are set to produce new efficiencies across the business landscape. 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,...

Cross-border Payments
Barclays and TransferMate Streamline International Receivables for UK Businesses
May 08, 2023

Barclays and TransferMate are collaborating on a new international receivables solution for U.K. 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...

IPO
Tech Companies Avoiding UK for IPOs
May 08, 2023

Tech companies have determined that the United Kingdom is not the place to launch their initial public offerings. 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...

Payment Methods
UK Contactless Card Use Up 94% YoY
May 08, 2023

The coronation has come and gone, and digital wallets and contactless cards continue to dominate the U.K. retail space. How will Brits pay for coronation swag and other retail items and groceries the next time they head to stores? Get the Full Story Complete the...

B2B Payments
Real-Time Money Movement Creates Competitive Advantage for Buyers
May 08, 2023

In today’s fast-paced world, where capital is king, money needs to move faster than ever. 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,...

Retail
Walmart Trades Margins for Loyalty to Keep Grocery Share
May 08, 2023

As grocers compete for consumers’ loyalty amid inflation, Walmart is reportedly absorbing price increases while its competitors pass them on to consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Standard Chartered and Tazapay Launch B2B Cross-Border Payments Solution
May 08, 2023

Standard Chartered and Tazapay are now facilitating B2B cross-border payments for eCommerce merchants and marketplaces. 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,...