Commerce

Commerce or e-commerce, or electronic commerce, and how it has impacted the traditional methods of buying and selling goods.

(source: searchcio.techtarget.com)

Installment Plans Ease Holiday Financial Stress of Inflation
Installment Plans Ease Holiday Financial Stress of Inflation
November 02, 2023  |  Payment Methods

As consumers struggle with tight finances, particularly during the holiday season, access to installment plans like buy now, pay later (BNPL) has become a popular...

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Are High-Income Consumers Poised to Pull Back and Trade Down?
Are High-Income Consumers Poised to Pull Back and Trade Down?
October 27, 2023  |  Consumer Finance

The latest reading on consumer sentiment signals that high-income consumers may embrace a few strategies to deal with concerns over inflation and dwindling stock portfolios....

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1 in 3 Shoppers Interested in Frictionless In-Store Checkout
1 in 3 Shoppers Interested in Frictionless In-Store Checkout
October 26, 2023  |  Retail

While “Just Walk Out”-style checkout remains quite new to most consumers, and may not be for everyone, PYMNTS Intelligence reveals that a significant portion of...

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43% of FIs and FinTechs Say Using Receipt Data Improves Customer Experience
43% of FIs and FinTechs Say Using Receipt Data Improves Customer Experience
October 24, 2023  |  Commerce

As businesses continue to seek ways to improve customer experiences and drive operational efficiency, one strategy that is gaining traction is the use of item-level...

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US Bank Debuts Avvance Installment Payment Tool
US Bank Debuts Avvance Installment Payment Tool
October 24, 2023  |  Loans

U.S. Bank has introduced a tool that lets businesses offer consumer financing at point-of-sale. The lender’s Avvance offering, announced Tuesday (Oct. 24) is an “embedded, multi-channel point-of-sale lending...

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Kohl’s Expands Storefront to Engage Shoppers in Holiday Purchases
Kohl’s Expands Storefront to Engage Shoppers in Holiday Purchases
October 23, 2023  |  Retail

As Amazon and Walmart engaged in a checkout showdown throughout October in the holiday shopping race, Kohl’s is looking to distinguish itself and ensure customer loyalty in the upcoming month.  To...

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Poshmark Exiting Overseas Markets to Focus on US
Poshmark Exiting Overseas Markets to Focus on US
October 20, 2023  |  eCommerce

Poshmark is shuttering some overseas operations and paying greater attention to America’s recommerce market. “In order to focus on Poshmark’s North America business and drive meaningful...

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Nearly 30% of Young Shoppers Issue Ultimatum to Retailers: Offer BNPL or Lose Our Business
Nearly 30% of Young Shoppers Issue Ultimatum to Retailers: Offer BNPL or Lose Our Business
October 18, 2023  |  Buy Now Pay Later

The world of retail payments and lending is undergoing a significant transformation with the rise of buy now, pay later (BNPL) services. As noted in...

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From Shopping Hauls to Experiences, Consumers Tap Overbuying Trend 
From Shopping Hauls to Experiences, Consumers Tap Overbuying Trend 
October 12, 2023  |  Retail

We’ve probably all observed the trend in minimalism. One component of the trend focuses on only acquiring essential items. While the minimalist aesthetic has gained...

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