News

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

Source: pymnts.com

VR Experiences Help ‘Captivate and Keep’ Consumers at Retail Locations
VR Experiences Help ‘Captivate and Keep’ Consumers at Retail Locations
September 01, 2021  |  Retail

With online shopping ubiquitous and delivery options getting faster, it may be hard for some consumers to justify going to a crowded store or shopping...

READ MORE >
Consumers Are Skeptical, Custom Suits Go Virtual, Walmart Leans on Gap Home
Consumers Are Skeptical, Custom Suits Go Virtual, Walmart Leans on Gap Home
September 01, 2021  |  Today In Data

IZOTTI is taking some of the intimidation out of buying custom-made suits. Plus, Walmart still struggling to make its mark in home furnishings, and two-thirds...

READ MORE >
Revolut’s US Credit Card Strategy Puts NeoBank Up Against New Challengers 
Revolut’s US Credit Card Strategy Puts NeoBank Up Against New Challengers 
September 01, 2021  |  Digital Banking

In its bid to make more inroads into the United States and to differentiate itself from its digital banking peers, the U.K.’s Revolut is setting...

READ MORE >
Walmart to Add 20K Supply Chain Workers
Walmart to Add 20K Supply Chain Workers
September 01, 2021  |  Retail

Walmart is working to help improve bottlenecks in the global supply chain by hiring 20,000 employees to work in distribution centers, fulfillment centers and transportation...

READ MORE >
PVH Corp. Raises Full-Year Outlook After Q2 Results
PVH Corp. Raises Full-Year Outlook After Q2 Results
September 01, 2021  |  Retail

PVH Corp.’s efforts to streamline its operations in the last several months by selling several of its Heritage Brand companies are paying off — to...

READ MORE >
China’s Greater Bay Area Ushers In 3-Week Digital Shopping Festival
China’s Greater Bay Area Ushers In 3-Week Digital Shopping Festival
September 01, 2021  |  Retail

China is ushering in a three-week online shopping event targeting the economic growth center of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), according to the...

READ MORE >
How Open Banking Can Help Both Businesses, Insurers Meet Shifting Payments Expectations
How Open Banking Can Help Both Businesses, Insurers Meet Shifting Payments Expectations
September 01, 2021  |  Banking

Consumer expectations for the processing and payment of insurance claims are just as high as they are for other transactions, regardless of the increased complexity...

READ MORE >
‘Hyper Growth’ and Global Demand For Spend Management Luring Investors to B2B
‘Hyper Growth’ and Global Demand For Spend Management Luring Investors to B2B
September 01, 2021  |  B2B Payments

PayEm announced Wednesday (Sept. 1) that it has raised $27 million in funding that it plans to use to further grow its global spend management...

READ MORE >
SEC’s Gensler Cautions $2T Crypto Space Needs Oversight for Survival
SEC’s Gensler Cautions $2T Crypto Space Needs Oversight for Survival
September 01, 2021  |  Regulation

The $2.1 trillion cryptocurrency trading space has grown so large so fast that it’s too big to survive without regulatory oversight, Securities and Exchange Commission...

READ MORE >