News

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

(source: pymnts.com)

Kroger Feels Impacts of Low-Income Shoppers’ Trade-Down Amid SNAP Cuts
Kroger Feels Impacts of Low-Income Shoppers’ Trade-Down Amid SNAP Cuts
September 08, 2023  |  Earnings

With many low-income consumers struggling with the impacts of the reduction in their benefits, Kroger is seeing its more budget-pressured customers pull back. The United...

READ MORE >
Unmasking Digital Imposters Is Rising Priority for Industrial Economy
Unmasking Digital Imposters Is Rising Priority for Industrial Economy
September 08, 2023  |  Security & Fraud

Fraud moves fast, particularly within industries that have historically moved slowly. As legacy sectors like shipping, transportation and logistics begin to trade in the phones...

READ MORE >
British Neobank Zopa Raises $93 Million to Fuel Growth
British Neobank Zopa Raises $93 Million to Fuel Growth
September 08, 2023  |  Investments

British neobank Zopa Bank has raised 75 million pounds ($93 million) to fuel its “continuous growth and expansion.” The company has now raised a total of...

READ MORE >
Report: Getir to Raise $500 Million in Funding Round
Report: Getir to Raise $500 Million in Funding Round
September 08, 2023  |  Investments

Turkey-based grocery delivery company Getir is reportedly raising $500 million in a new funding round. The investment values the company at $2.5 billion, a decrease...

READ MORE >
Report: TikTok’s Shop Raises Concerns Over Authenticity and Data Privacy
Report: TikTok’s Shop Raises Concerns Over Authenticity and Data Privacy
September 08, 2023  |  Social Commerce

TikTok’s new Shop marketplace, which has launched to some users in the United States, has reportedly raised concerns about product authenticity and data privacy. The early version...

READ MORE >
Grace Periods, Proactive Approaches Help Consumers With Overdrafts and Account Management
Grace Periods, Proactive Approaches Help Consumers With Overdrafts and Account Management
September 08, 2023  |  Banking

The data show that 20% of individuals have overdrawn their accounts in the past year as they grapple with the demands of inflation, of timing...

READ MORE >
From Paper Trails to Digital Footprints: The Ongoing Evolution of Payments
From Paper Trails to Digital Footprints: The Ongoing Evolution of Payments
September 08, 2023  |  Payments Innovation

In today’s digital age, money talks in bytes, not bills.  And PYMNTS has been closely tracking the “What’s Next” in digital payment trends as money...

READ MORE >
Casey’s Rolls Out Voice AI as Convenience Stores Take on QSRs
Casey’s Rolls Out Voice AI as Convenience Stores Take on QSRs
September 08, 2023  |  Artificial Intelligence

In convenience stores’ ongoing push to gain share from quick-service restaurants (QSRs), Casey’s General Stores is turning to voice ordering technology. The convenience retailer, which...

READ MORE >
Nike, Macy’s and Pinterest Embrace Shopping’s Not-So-Secret Ingredient 
Nike, Macy’s and Pinterest Embrace Shopping’s Not-So-Secret Ingredient 
September 08, 2023  |  Retail

From fashion to advertising and beyond, companies increasingly recognize the importance of representing a diverse range of body types, skin tones and backgrounds in their...

READ MORE >