News

Payment Methods
Fiserv Offers Software Firms Text-Based Payment Option
May 02, 2023

Fiserv is letting software firms access the world of text-based payments. The payments and financial services company announced the offering for independent software vendors (ISVs) and software companies in a news release provided to PYMNTS Tuesday (May 2). It is available through an integration between...

Retail
Tuesday Morning Shuts Doors Amid Retail Bankruptcies
May 02, 2023

After declaring bankruptcy twice in as many years, discount retailer Tuesday Morning is folding. “Starting today, we have begun the process of closing all our stores,” the company said in a weekend Facebook post. “Our Going Out of Business Sale is in stores now, with...

B2B Payments
Paymentus and Oracle Add Billing and Payments Tools for Utilities
May 02, 2023

Paymentus Holdings and Oracle are offering new billing and payments tools for energy and water sector utilities. The companies have fully validated the integration of the Paymentus Instant Payment Network (IPN) and electronic bill presentment and payment platform (EBPP) within the Oracle Energy and Water...

Payment Methods
Card Payments Data Unlocks Small Business Credit Opportunities
May 02, 2023

Main Street is the soul of America, making small and medium-sized businesses (SMBs) its heart. That’s why it is worrisome that many Main Street SMBs are increasingly pessimistic about the economy and their own business prospects. But it’s not all bad news. “Everyone’s been talking about an impending...

B2B Payments
Payments Digitalization Allows Businesses to Tap Spending Insights and Improve ROI
May 02, 2023

PYMNTS asked business leaders for their take on how to plan for the rest of 2023, and what they are telling their teams to focus on. Matt Clark, president and COO of Corcentric, says to succeed in an uncertain economy, businesses need to focus on...

Banking
As JPMorgan Scoops Up First Republic, Are Banks Facing Their ‘Minsky Moment’?
May 02, 2023

Way back in 1986, the pop band The Bangles had their pulse on what was to come in the banking sector 37 years later.   It a familiar refrain in financial services, a lyric we’re all singing these days:  Just another Manic Monday.  Back in March,...

Security & Fraud
42% of Consumers Say ‘Verify Me’ Whenever They Pay for Goods and Services
May 02, 2023

Security is top-of-mind for consumers as data breaches swirl across the headlines. To that end, as found in the report “Consumer Behaviors and Perceived Security Across Devices,” done in collaboration between PYMNTS and Entersekt, and as relayed by nearly 2,600 individuals, it seems the desire...

Security & Fraud
UK APP Fraud Rules Will Keep Faster Payments Safer Long Term, Experts Say
May 02, 2023

The U.K. has been experiencing a widespread payments fraud epidemic in recent years. And to stem the tide, U.K. regulators are preparing to mandate that banks reimburse victims of authorized push payment (APP) fraud, one of the popular scams in the country, whereby individuals or...

Banking
Q2 Holdings Discloses That First Republic Was a Customer
May 01, 2023

Q2 Holdings has disclosed that First Republic Bank was one of its customers. First Republic Bank — which was seized by the Federal Deposit Insurance Corp. (FDIC) and acquired by JPMorgan Chase over the weekend — accounted for 2.5% of Q2 Holdings’ total revenue for...