Payment facilitators, or PayFacs, quietly lead a revolution at the heart of the digital economy. At the center of this shakeup lies embedded finance, encompassing...
Vroom is winding down its eCommerce operations and discontinuing its used vehicle dealership business. The company aims to preserve liquidity and maximize stakeholder value through its...
When it comes to executing on in-house eCommerce channels, PYMNTS Intelligence reveals, grocers are pulling it off, despite ongoing skepticism in the industry. By the...
Online commerce carries a number of risks related to digital fraud and payment failure that can result in lost sales and an erosion of brand...
In the world of retail, generative artificial intelligence (AI) has taken up the conversation. Although the idea is not new, its importance has escalated, especially...
Omnichannel commerce has transformed how we pay for things and the length of time in which we expect to get what we pay for. Delivery...
Amazon has made layoffs in its Buy with Prime unit, as part of its ongoing restructuring efforts. The company has laid off around 30 employees,...
Wayfair is laying off 1,650 employees as part of its efforts around “right-sizing its cost structure.” The cuts amount to about 13% of its global...
In a world where Amazon and Walmart are always finding ways to go neck in neck, both retail giants are focusing on enhancing their established...