- Thursday 25th April - 4:54 pm
Trying to balance inflationary pressures and the need to allow themselves at least some indulgences, shoppers are trading up on beer but not springing for premium wine and spirits.
Heineken reported ...
- Thursday 25th April - 12:44 pm
Dutch payments firm Adyen saw its digital processed volume leap 51% year over year during the first three months of 2024.
This happened during a quarter in which the company’s total ...
- Thursday 25th April - 12:24 pm
Innovation is a key factor in any company’s ability to succeed in the long run.
And so are the ways in which they pay and get paid. That’s why, within the ...
- Thursday 25th April - 12:17 pm
And now it seems the slowdown is here.
Markets slumped by more than 1% Thursday morning (April 25) on the latest reading on gross domestic product (GDP) growth, courtesy of the ...
- Thursday 25th April - 4:01 am
The golden rule for payments is to put yourself in the end users’ place.
That’s because in payments, as in life and business, innovation is the key to unlocking new realms ...
- Thursday 25th April - 4:00 am
Inflation, inflation and inflation. The drum beat has defined the past year in the financial services business and reached a crescendo in the first quarter. But, according to payments orchestration solution provider Spreedly, which sees $50 billion ...
- Wednesday 24th April - 9:40 pm
Today’s customers of the FinTech industry are no longer asking just for ways to accept online payments; they’re asking for “software-defined financial services.”
So said Stripe co-founders Patrick Collison and John Collison Wednesday (April 24) during the ...
- Wednesday 24th April - 5:48 pm
Air travel is a complicated business — and those complications can get passed down to travelers.
From extended delays when waiting for refunds after abrupt flight cancellations, to spending hours and ...
- Wednesday 24th April - 4:22 pm
Toy and game companies are seeing sales declines, as parents opt to spend on making memories for their children rather than on new products for them.
Toys and entertainment giant Mattel, ...
- Wednesday 24th April - 1:13 pm
Earnings season is less than two weeks old. By and large, the data and the press releases indicate that consumers are still spending, on experiences especially, and are using their ...
- Wednesday 24th April - 9:00 am
Small businesses don’t want embracing modern technology to be a big, technical lift.
After all, these Main Street-style companies are increasingly busy building out their growth plans and managing a laundry ...
- Wednesday 24th April - 4:02 am
Technological transformation is at the heart of both modern commerce and payments innovation.
With technology as the driving force, consumers are demanding more than transactions from their payment experiences; they seek ...
- Tuesday 23rd April - 8:37 pm
Visa is seeing continued momentum in Tap to Pay and digital credential issuance, as consumers continue to spend on their debit and credit cards.
CEO Ryan McInerney said on the call ...
- Tuesday 23rd April - 7:05 pm
JPMorgan Chase CEO Jamie Dimon reportedly said Tuesday (April 23) that the U.S. economic boom is “unbelievable.”
Speaking at an event at The Economic Club of New York, Dimon said employment is strong, consumer finances ...
- Tuesday 23rd April - 4:52 pm
With ongoing financial challenges prompting consumers to make more conservative spending changes, major membership wholesale clubs’ latest promotions suggest they are having trouble getting shoppers to spring for full-priced memberships.
In ...
- Tuesday 23rd April - 4:08 pm
Accounting and human resources and finance firm Countsy has debuted an online platform.
Announced Tuesday (April 23), countsy.ai is designed to simplify back-office management by providing a centralized place for essential business tools and team ...
- Tuesday 23rd April - 2:51 pm
PSCU/Co-op Solutions has added Amazon One to its suite of digital wallet integrations for client card issuers.
This pay-by-palm solution is now available to credit unions on a pilot basis and is expected to be generally available later ...
- Tuesday 23rd April - 4:03 am
Management guru Peter Drucker once said that “wherever you see a successful business, somebody made a courageous decision.” That’s the spirit behind the Certainty Project, a study from PYMNTS Intelligence highlighting ...
- Tuesday 23rd April - 4:01 am
As global head of product at payment processor i2c, Seth Perlman has seen his share of headwinds and tailwinds in the banking business, including stints at Visa, Fiserv and PayPal. ...
- Monday 22nd April - 1:41 pm
As ongoing financial challenges have grocery shoppers more cautious about their purchasing, many are seeking out digital rewards.
In its fourth quarter and full year fiscal 2023 financial results, Albertsons Companies shared that increases ...
- Monday 22nd April - 4:02 am
The quick growth of neobanks and FinTechs has put an increased emphasis on secure money movement. Ingo Payments CEO Drew Edwards details the challenges in money movement and their solutions ...
- Friday 19th April - 7:03 pm
The concerns keeping CFOs awake at night help define their business strategies in the morning.
And with the news this week that B2B credit card platform Pliant is planning to expand, while Mastercard is bringing ...
- Friday 19th April - 6:34 pm
For consumers no longer carrying wallets full of cash, ease and convenience are top of mind, PYMNTS Intelligence reveals.
By the Numbers
The June 2023 PYMNTS Intelligence study “Consumer Inflation Sentiment Report: ...
- Friday 19th April - 5:35 pm
The B2B landscape is on the cusp of the next era in payments innovation.
As PYMNTS readers already know, this new and exciting era is being driven by an ongoing digital ...
- Friday 19th April - 4:46 pm
European Union (EU) antitrust regulators are reportedly preparing to approve Apple’s tap-and-go mobile payments system proposals as early as May.
The tech company had proposed to open the system to rivals after being accused ...
- Friday 19th April - 2:04 pm
Two months after laying off 3% of its workforce, the Birmingham, Alabama-based Regions Bank posted disappointing Q1 earnings Friday (April 19).
The southeastern regional’s results were driven by higher expenses despite ...
- Friday 19th April - 4:00 am
Whenever there’s economic uncertainty, there’s a corresponding upswing in fraud, said Mangopay Vice President of Product and Data Maciej Pitucha, adding businesses can prepare and be ready. He breaks it ...
- Friday 19th April - 4:00 am
As shopping and entertainment become increasingly intertwined, Amazon and Walmart are looking for new ways to drive sales via content.
On Tuesday (April 16), Amazon Live announced a new interactive, shoppable channel called FAST Channel on Prime Video and Amazon ...
- Thursday 18th April - 5:17 pm
Economic challenges or no, consumers still need to get where they are going, and many are now opting for secondhand sellers when buying vehicles, unable to justify the price of ...
- Thursday 18th April - 4:10 pm
AffiniPay has expanded the availability of its payment processing solutions for attorneys and accounting professionals to Puerto Rico.
These solutions, LawPay and CPACharge, are already used by more than 80,000 law and accounting firms in ...
- Thursday 18th April - 12:46 pm
The number of initial claims for unemployment insurance filed during the week ended Saturday (April 13) was unchanged from the previous week’s revised figure of 212,000.
The previous week’s figure was ...
- Thursday 18th April - 11:03 am
The $35 billion deal for Capital One to buy Discover Financial Services remains on track.
And in a truncated first-quarter earnings call — where the usual question-and-answer session was not part ...
- Thursday 18th April - 10:39 am
Stability AI is laying off an unspecified number of employees as part of a restructuring process.
The company will hold a town hall meeting Thursday (April 18) and will notify the impacted ...
- Thursday 18th April - 10:21 am
Digital payments platform WorldFirst has debuted a solution to help small businesses speed cross-border payments.
WorldTrade, announced Thursday (April 18), is aimed at small and medium-sized enterprises (SMEs) that procure products from suppliers based in ...
- Thursday 18th April - 4:00 am
The recent credit card surcharge agreement brings into focus the impact regulations could have on businesses. Spreedly Vice President of Product Joe Meuse explains what the changes could mean for ...
- Thursday 18th April - 4:00 am
Business need to fight fraud with data, says Bryan Lewis, CEO of Intellicheck. He breaks it down in the new PYMNTS eBook, “The Implications of Uncertainty.”
Data breaches and mail theft have resulted ...
- Thursday 18th April - 4:00 am
In the last 30 years, Europe — defined here as the EU plus the U.K., Norway and Switzerland — has created few leading digital businesses compared to the U.S. and ...
- Thursday 18th April - 4:00 am
According to PYMNTS Intelligence, 62% of U.S. consumers now live paycheck to paycheck, and that includes 48% of consumers earning more than $100,000 annually.
In other words, higher incomes do not ...
- Wednesday 17th April - 7:02 pm
Eight times each year the Fed publishes what’s known as the Beige Book — a qualitative take from each of the 12 federal bank districts.
The assessments cover everything from auto ...
- Wednesday 17th April - 5:57 pm
Shoppers who are willing to leave their favorite retailers in search for better prices are hesitant to make the same kinds of changes when it comes to grocery shopping, PYMNTS ...
- Wednesday 17th April - 5:03 pm
After years of being conservative in their spending in response to ongoing economic challenges, shoppers are looking for ways that they can feel more indulgent without breaking the bank, demanding ...
- Wednesday 17th April - 2:05 pm
Despite the prevalence of digital alternatives, checks continue to be a preferred payment method for many organizations.
PYMNTS Intelligence research underscores this trend, revealing that checks constitute a significant portion of ...
- Wednesday 17th April - 1:18 pm
U.S. Bancorp is forecasting a decline in net interest income for this year.
In announcing its earnings Wednesday (April 17), the lender said it anticipates net interest income (NII) of $16.1 billion ...
- Tuesday 16th April - 11:18 pm
Interac has acquired the exclusive Canadian rights to use Vouchr’s engagement platform.
This platform allows users to send and receive personalized multimedia notifications along with money transfers, and the deal will enable multimedia ...
- Tuesday 16th April - 8:13 pm
Traditional B2B payments, with end-to-end processes frequently characterized by delays and complexities, remain stubbornly intractable.
But with the Federal Reserve Bank of Atlanta highlighting on Monday (April 15) that the Federal Reserve ...