News

Retail
Costco Digital Innovations Fuel 22.6% Online Growth
March 05, 2026

Costco is seeing measurable benefits from its latest digital initiatives both in-store and online, Costco President, CEO and Director Ron Vachris said Thursday (March 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

eCommerce
Pattern Group Revenue Rises 40% as AI Product Discovery Reshapes eCommerce
March 05, 2026

Pattern Group’s fourth quarter results, posted after the market closed on Thursday (March 5), reflect broader shifts underway in digital retail as brands expand across more marketplaces and artificial intelligence begins to influence how consumers discover products online. Get the Full Story Complete the form...

Investments
Silverflow Nets $40 Million to Simplify Global Payment Processing
March 05, 2026

Silverflow, a Dutch payment processing firm, announced on Thursday (March 5) that it had secured $40 million in Series B funding in an investment round led by Picus Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Target Challenges Retail Rivals With 300-Store Growth Plan
March 05, 2026

Target plans to open seven new stores this month, more than 30 this year and 300 by 2035 to support growth priorities outlined Tuesday (March 3) by CEO Michael Fiddelke. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
Splitit and Google Prepare Installment Payments for AI Shopping Agents
March 05, 2026

Splitit aims to make flexible payment options part of agentic commerce through its support of Google’s Universal Commerce Protocol (UCP). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Bankers Tell Lawmakers Fraud Is Growing Faster Than Defenses
March 05, 2026

Bank executives appearing before a House Financial Services subcommittee Thursday (March 5) delivered a blunt message. 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...

Cross-border Payments
Banks Target June for New Swift Cross-Border Retail Payment Launch
March 05, 2026

A new Swift payments framework for retail transactions will begin its rollout by the end of June. 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...

Security & Fraud
US and Global Law Enforcement Shut Down LeakBase Hackers Forum
March 04, 2026

The Justice Department announced the seizure of what it called one of the world’s largest hacker forums. 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,...

Artificial Intelligence
OpenAI Plans to Bring GitHub Alternative to Market
March 04, 2026

OpenAI is developing an internal alternative to GitHub, Microsoft’s widely used code repository platform, The Information reported Tuesday (March 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....