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What Generative AI Has in Store for the Retail Industry

Late Payments Across Verticals: The Good, the Bad and the Ugly

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The State of Real-Time Payments
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Amazon
Amazon Sues ‘International Fraud Organization’ Over Phony Returns
Retail
Is White Elephant Gift-Giving Still a Holiday Hit? 
annoyed woman at laptop Subscriptions
28% of Loyal Subscribers Would Cancel Due to Excessive Promotional Materials
cash tip on plate Consumer Finance
Nearly 2 in 5 Consumers Are Tipping Less Due to Dwindling Personal Finances
Payment Methods
Venmo’s Growth Was Steady in the Quarters Leading to Amazon’s Decision to Pull the Plug
Credit Cards
American Express Launches New Rewards Program in India
Retail
Convenience Stores Tap EV Chargers to Capture Spending
Consumer Finance
Credit Growth Slows but Consumers Still Turn to Cards for Spending Power
Retail
Luxury Brands Seek Discreet Ways to Move Goods During Slowdown
Payment Methods
J.P. Morgan Payments Processes Record Number of Transactions in Europe
Consumer Finance
Grocery Shoppers’ Budget Strategies May Outlast Inflation
Artificial Intelligence
The AI Revolution in Retail: Opportunities and Risks
Retail
Walmart Monitors Consumer Appetite; Amazon Bags More Grocery Aisle Space 
Mobile Wallets
Nearly 1 in 4 Millennials Shop for Non-Grocery Retail Items From Their Phones
Retail
Lululemon’s Cult Status Faces Checkout Uncertainty 
Retail
Levi Strauss Takes Next Steps in Previously Announced Leadership Transition

connected commerce

Big Lots store Aggregators  ●   November 22, 2023
Uber Eats Partners With Big Lots as Aggregators Expand Retail Presence

Uber Eats is stepping up its non-restaurant offerings, getting into discount retail with its new partnership with Big Lots. Uber announced the aggregator’s addition of the retail chain to its marketplace Tuesday (Nov. 21), making 1,200 Big Lots locations available for delivery, offering items including holiday decorations, groceries, pet care products and...

marketplaces

Payments As A Service  ●   November 6, 2023
New Report Finds Embedded Payments Now Table Stakes for Software Companies

  Improving customer experience has become a market trend across industries. Companies strive to improve payments and cater their businesses to customer bases that value easy buying experiences enabled by the latest technologies. In doing so, businesses also strive to find ways to access markets quicker, allowing them to increase...

physical retail

Shopping  ●   November 6, 2023
Convenience and Better Deals Drive Consumers’ Switch From in-Store Grocery Shopping to Digital

The pandemic has significantly impacted consumer behavior, including grocery shopping habits. Traditional brick-and-mortar grocery stores are no longer the go-to channel for most shoppers, with an increasing number of consumers opting to purchase groceries online. According to a PYMNTS Intelligence study on consumer shopping habits and preferences, there has been...

Merchant Services

Payment Methods  ●   July 20, 2023
Worldline Introduces End-to-End Mobility Payments Solution

Worldline has launched an end-to-end solution to provide an enhanced, seamless and secure payment experience for mobility operators and their customers. The new Mobility Payments Suite offers a wide range of experiential enhancements designed to meet any customer’s payment needs, the payment service provider said in a Wednesday (July 19) press release. “With our...

Payments Orchestration

payments orchestration, Brainly, Spreedly Payments Innovation  ●   December 11, 2023
Payments Orchestration Helps Platforms Extend Their Global Reach

Blake Whitson, vice president, payments and global customer support at Brainly, and Andy McHale, senior director, product and market strategy at Spreedly, told PYMNTS that payments orchestration can make all the difference in the world of eCommerce, in pursuit of scale and boosting authorization rates. As platforms and apps look...

PYMNTS DATA


What Generative AI Has in Store for the Retail Industry

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