News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

Bath & Body Works Cuts 130 Jobs Amid Slight Sales Drop
Bath & Body Works Cuts 130 Jobs Amid Slight Sales Drop
August 18, 2022  |  Retail

Bath & Body Works will cut 130 jobs — mostly leadership roles — in what the personal care and fragrance brand called an effort to...

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Gravity Payments Boss Who Cut His Pay for Employees Resigns
Gravity Payments Boss Who Cut His Pay for Employees Resigns
August 18, 2022  |  Personnel

A payments company CEO and founder who made international headlines for reducing his own salary to boost every employee to a minimum annual of $70,000...

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Report: Walmart May Boost Use of Influencers to Promote Products
Report: Walmart May Boost Use of Influencers to Promote Products
August 18, 2022  |  Retail

Walmart may be looking at increasing its use of social media influencers to promote its own products and those of its third-party sellers, having filed...

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Coach Owner Tapestry Says 30% of Sales Now Digital
Coach Owner Tapestry Says 30% of Sales Now Digital
August 18, 2022  |  Retail

This year’s high inflation hasn’t stopped Americans from wanting to splurge on luxury goods from brands like Coach and Kate Spade. Get the Full Story...

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Crypto Platform Wirex Integrates SEPA Instant Payments
Crypto Platform Wirex Integrates SEPA Instant Payments
August 18, 2022  |  Cryptocurrency

Crypto platform Wirex is integrating SEPA (Single Euro Payments Area) Instant and Faster Payments to make it easier for users in the U.K. and the European Economic Area (EEA)...

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PYMNTS Intelligence: Benefits and Challenges of Leveraging ERP Integration to Smooth Payments Reconciliation
PYMNTS Intelligence: Benefits and Challenges of Leveraging ERP Integration to Smooth Payments Reconciliation
August 18, 2022  |  Digital Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Visions Federal Credit Union on Building Crypto Literacy
Visions Federal Credit Union on Building Crypto Literacy
August 18, 2022  |  Credit Unions

With 23% of consumers holding crypto in 2022, CUs need to ensure that members understand these products. In the "Credit Union Tracker®," Visions Federal Credit...

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Cross River on Addressing Consumer Needs With Embedded Banking
Cross River on Addressing Consumer Needs With Embedded Banking
August 18, 2022  |  Banking

90% of FIs are pursuing embedded finance solutions, which look and feel as if they are part of the corporate client’s brand. In the "Next-Gen...

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Adyen Share Price Tumbles as Earnings Miss Estimates
Adyen Share Price Tumbles as Earnings Miss Estimates
August 18, 2022  |  Earnings

Shares of Adyen plunged as much as 14.5% in trading on Thursday (Aug. 18) after the global payments firm reported first-half results 3% below consensus....

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