News

Retail
Netflix and Lacoste Pact On TV-Inspired Clothes Misses Embedded Commerce Mark
April 13, 2023

While failing to take advantage of the obvious embedded shopping opportunity, the Netflix partnership with Lacoste on a clothing collection inspired by beloved streaming TV shows indicates the larger opportunity, so can embedded commerce be far behind? The answer is who knows, although for now,...

CFPB
CFPB Advisor Says Many States’ Laws Already Prohibit ‘Junk Fees’
April 13, 2023

Many states can use existing laws to fight “junk fees,” according to a federal regulator. Addressing a Pennsylvania house committee, Brian Shearer, senior advisor to the director of the Consumer Financial Protection Bureau (CFPB), said many states can attack junk fees under their existing statutes...

Loyalty & Rewards
More Than Half of Restaurant Customers Now Use Loyalty Programs
April 13, 2023

Restaurants’ efforts to drive loyalty adoption are working, with most consumers now engaged. By the Numbers Research from PYMNTS’ March study, “Connected Dining: Consumers Like the Taste of Discount Meals,” which is based on a February survey of more than 1,800 U.S. consumers, found that...

Digital Banking
Austria’s Erste Group Unveils New Platform to Improve Digital Banking for Businesses
April 13, 2023

Following the launch of its popular consumer digital banking service, George, Erste Group, one of the largest financial institutions (FIs) in Austria, has unveiled George Business for businesses and corporate clients. The Vienna-based bank, which serves over 16 million clients across seven countries and is...

Delivery
Ultrafast Grocery Sales Hit the Skids
April 13, 2023

This week in grocery, one ultrafast delivery service shutters while another becomes stronger than ever. Sydney, Australia-based 10-minute grocery delivery service MilkRun is shutting down, The Australian Financial Review first reported Tuesday (April 11). Founder and CEO Dany Milham informed staff that, unable to raise...

Global Payments
dLocal Debuts All-in-One Payment Solution
April 13, 2023

Payment platform dLocal has debuted a new “all-in-one” tool for online businesses. dLocal for Platforms lets dLocal onboard sellers, service providers or contractors to the platform, while dLocal verifies them before paying out, according to a Thursday (April 13) press release. “Everyone selling their services...

B2B Payments
Coupa and Goldman Partner on B2B Payments
April 13, 2023

Coupa and Goldman Sachs Transaction Banking (TxB) have partnered to streamline B2B payments. With Coupa’s business spend management platform and Goldman Sachs TxB’s cloud-based banking services, the global collaboration will simplify domestic, cross-border and foreign exchange (FX) payments to 167 countries and 124 currencies, the...

Payment Methods
75% of Consumers Who Use Online Bank Transfers Worry About Fraud
April 13, 2023

As online bank transfers grow in popularity, consumer understanding of the service has a growth curve of its own, and security is among the key areas where customers need reassurance and acknowledgment of the issues around using bank transfers as a payment method. As analyzed...

B2B Payments
Emburse and Omnia Debut Travel and Expense Management Tools
April 13, 2023

Emburse has joined with Omnia Partners to offer public sector travel and expense management solutions. This collaboration will make Emburse’s travel and expense management solutions available to Omnia Partners’ cooperative participants, including more than 115,000 state and local government agencies and educational institutions, the companies...