As FedNow finally coming online generates a mix of reactions, money mobility generally — and instant payments specifically — have never been more in the spotlight. While FinTechs are gaining ground with offerings consumers want, significant room for improvement remains. Based on two surveys — one of...
Anyone expecting a dramatic restoration of Europe’s IPO market might have to wait. That’s according to bankers at Bank of America (BofA), who told Bloomberg News in an interview Thursday (July 20) that it could take some time before there is a flurry of new initial public offerings (IPOs)...
Primer has partnered with Volt to allow its customers to accept instant account-to-account (A2A) payments via Primer’s payment automation platform. This partnership enables global merchants to benefit from significantly reduced fees and faster settlement with instant bank payment options, along with the ability to integrate Volt’s real-time payments...
As United States grocers look to seize on the digital shift, they may need to update their infrastructure to make eCommerce worth its while in the long run, according to Ocado CEO Tim Steiner. On a call with analysts Tuesday (July 18) discussing grocery technology...
America’s consumer watchdog says bank mergers are set to become much tougher to pull off. In an interview with Reuters Thursday (July 20), Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra said lenders should expect more scrutiny into mergers following this year’s banking crisis. “The ink on the rubber stamp has...
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...
GNC has added free healthcare products and services to its loyalty program. With the new GNC Health added to the upgraded GNC PRO Access membership, which has a fixed fee of $39.99 per year, customers can now receive access to free telehealth appointments, 40 generic versions of urgent care medications...
If a coat or a pair pants were tailored to your body, what’s the likelihood of you returning it? Probably slim. But what if tailoring wasn’t an option and relying on what the retail industry has to offer for your body type was the only...
Kim Kardashian’s business empire is now worth $4 billion more. The influencer/mogul’s apparel company Skims has been valued at $4 billion following a $270 million funding round, The New York Times reported Wednesday (July 19). “It has grown quickly, and we’re so proud of that,” Kardashian told the newspaper....
