News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

(source: pymnts.com)

Consumers Unsure Whether to Trust Luxury eCommerce Platforms
Consumers Unsure Whether to Trust Luxury eCommerce Platforms
April 15, 2024  |  Retail

Luxury shoppers may be willing to shell out quite a lot online for high-quality products, but only if they can trust that they are getting...

READ MORE >
Peloton Drops Free-Membership Tier After Less-Than-Expected Results
Peloton Drops Free-Membership Tier After Less-Than-Expected Results
April 15, 2024  |  Subscription Commerce

Connected fitness company Peloton has stopped offering an unlimited free-membership tier that was once a key part of its growth strategy. The free tier for the company’s...

READ MORE >
Green Dot Names Marqeta Vet Renata Caine as BaaS Lead
Green Dot Names Marqeta Vet Renata Caine as BaaS Lead
April 15, 2024  |  Personnel

Green Dot has named payments industry veteran Renata Caine as its new Banking-as-a-Service (BaaS) general manager. Caine previously worked at Marqeta and at the commercial payments division of WEX, the...

READ MORE >
WSFS Bank Launches ‘Early Pay’ on Paychecks, Government Benefits
WSFS Bank Launches ‘Early Pay’ on Paychecks, Government Benefits
April 15, 2024  |  Disbursements

Wilmington, Delaware-based WSFS Bank has launched a new offering that lets customers receive eligible direct deposits from employers and recurring government benefits up to two days early....

READ MORE >
BlackRock and Jio Team to Offer Wealth Management in India
BlackRock and Jio Team to Offer Wealth Management in India
April 15, 2024  |  Partnerships

India’s Jio Financial Services has launched a joint venture with BlackRock. The collaboration will establish a wealth management and brokering business in India, and comes less than...

READ MORE >
Stanford Report: Human Oversight Boosts AI Gains
Stanford Report: Human Oversight Boosts AI Gains
April 15, 2024  |  artificial intelligence

What a difference 10 years makes. Just a decade ago, artificial intelligence couldn’t understand language or images; now it can. AI is also revolutionizing workforce...

READ MORE >
US Retail Inventories Climb in February
US Retail Inventories Climb in February
April 15, 2024  |  Retail

Retail inventories climbed in February after being flat the prior month. According to the Commerce Department’s Monthly Retail Trade and Food Services report released Monday (April...

READ MORE >
Satago and mmob Partner on Embedded Finance for Lenders, Corporates
Satago and mmob Partner on Embedded Finance for Lenders, Corporates
April 15, 2024  |  B2B Payments

Satago and mmob have partnered to make it easier for lenders and corporates to add embedded finance capabilities. This partnership will enable these businesses to...

READ MORE >
57% of Gen Z Workers Say They Are Likely to Change Jobs in 2024
57% of Gen Z Workers Say They Are Likely to Change Jobs in 2024
April 15, 2024  |  Consumer Finance

Despite news about a slight surge in retail sales, PYMNTS Intelligence has found many U.S. consumers have good reason to be concerned about their economic footing. ...

READ MORE >