News

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

(source: pymnts.com)

Report: China’s Crackdown on Foreign Apps Could Impact Apple’s iPhone App Store
Report: China’s Crackdown on Foreign Apps Could Impact Apple’s iPhone App Store
September 29, 2023  |  Apple

China’s Ministry of Industry and Information Technology has reportedly issued new rules that could restrict Apple from offering many foreign apps on its iPhone app...

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Save Mart CDO: Grocery Shoppers Demand Access on Aggregators
Save Mart CDO: Grocery Shoppers Demand Access on Aggregators
September 29, 2023  |  Retail

With consumers already loyal to third-party aggregators, grocers are increasingly finding that they need to get on board if they want to reach their customers....

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Report: Reddit’s Ad Personalization Policy Sparks Privacy Concerns
Report: Reddit’s Ad Personalization Policy Sparks Privacy Concerns
September 29, 2023  |  Safety and Security

Reddit reportedly altered its privacy policy to improve ad performance. While these updates align with the social media platform’s goals of financial success and potential...

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StockX Steps Up Its Game With an Immersive In-Store Buying Experience 
StockX Steps Up Its Game With an Immersive In-Store Buying Experience 
September 29, 2023  |  Retail

Back in May, PYMNTS reported that Foot Locker was planning to utilize concept stores as experimental venues for exploring localization efforts aimed at establishing stronger...

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Nike and the Travis Kelce Jersey Effect
Nike and the Travis Kelce Jersey Effect
September 29, 2023  |  Retail

The Sunday (Sept. 24) outing of Taylor Swift to watch Kansas City Chiefs’ standout Travis Kelce on the football field wasn’t just a topic of...

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Report: Character.AI Seeking Funding at Valuation Exceeding $5 Billion
Report: Character.AI Seeking Funding at Valuation Exceeding $5 Billion
September 29, 2023  |  artificial intelligence

Character.AI, a startup focused on generative artificial intelligence (AI) and chatbot technology, is reportedly in discussions to raise funding that could value the company at...

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59% of Small Businesses Would Switch to Cheaper Payment Processors
59% of Small Businesses Would Switch to Cheaper Payment Processors
September 29, 2023  |  SMBs

Small to midsized businesses (SMBs) on Main Street, U.S.A., view their payment processors favorably. With 85% of SMBs satisfied with their processor, those seeking to...

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Walmart Hopes Third-Party Marketplace Will Snag Holiday Spend From Amazon
Walmart Hopes Third-Party Marketplace Will Snag Holiday Spend From Amazon
September 29, 2023  |  Retail

With the holiday season on the horizon, retail behemoths such as Walmart and Amazon are preparing to capture the attention and spending of consumers across...

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Ripple Says the Global Economy Needs a Global Payment Scheme
Ripple Says the Global Economy Needs a Global Payment Scheme
September 29, 2023  |  Cross Border Commerce

Transforming the world takes time, even when innovations aim at just one part of it. That, at least on the surface, appears to be the...

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