In a bid to better align with Generation Z, Walmart has teamed up with Canadian direct-to-consumer (D2C) brand Inkbox temporary tattoos. The move marks the D2C brand’s first foray into physical stores, and the collection is expected to be exclusive to Walmart. The exclusive Inkbox...
“Deadpool” star Ryan Reynolds has a new role: investor in Canadian FinTech Nuvei. The actor and Vancouver native announced his support for the company Monday (April 17), the latest in a series of high-profile investments by Reynolds. “I know about as much about fintech as...
Only 44% of banks are offering the personalized digital banking experiences their customers demand, something that digital platforms help banks deliver by testing and learning, Michael Tischer of Associated Bank explains.
Transaction disputes are massing across digital channels. Mike Lemberger, head of risk for North America at Visa, told PYMNTS that friendly fraud, also known as first-party fraud, accounts for as much as 16% of fraud disputes, as estimated by Merchant Risk Council. With a nod...
Until fairly recently, consumers’ financial data has primarily been something to be hoarded and siloed. Rather than closing off this data, a new generation of solutions powered by connectivity may define the future of banking worldwide. After years and years of closed banking, open banking technology...
The Federal Trade Commission is warning advertisers to back up claims about their products. The FTC last week issued notices to 670 companies warning that they could face civil penalties if they make claims in their ads that cannot be substantiated. “The requirement for advertisers...
This week will be a momentous one for the country’s small and midsized banks. A number of these financial institutions are set to report earnings in the days ahead, thus showing the fuller impact of the outflow of deposits during the recent banking crisis, a...
America’s treasury secretary is warning of a tougher lending environment following two recent bank failures. In a Sunday (April 16) CNN interview, Janet Yellen said that such a pull back could affect the Federal Reserve campaign to raise interest rates. “Banks are likely to become...
Following its recent earnings report in early March, fashion retailer Nordstrom has announced the upcoming launch of nine additional stores for its Nordstrom Rack off-price retail concept. Most of the stores are planned to debut in the spring of 2024, while one store is scheduled...
