Federal Reserve: American Anxieties Amplify Value of Safe, Efficient Instant Payments
Federal Reserve: American Anxieties Amplify Value of Safe, Efficient Instant Payments
July 15, 2022  |  Opinion

Kenneth Montgomery, first VP and chief operating officer, Federal Reserve Bank of Boston and FedNow service program executive, writes in the PYMNTS eBook “Baseline 2022:...

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June Retail Sales Rise 1% as Falling Gas Prices Offer Consumers Some Relief
June Retail Sales Rise 1% as Falling Gas Prices Offer Consumers Some Relief
July 15, 2022  |  Retail

A sweeping increase in prices paired with a modest dip in the cost of gasoline combined to deliver a 1% advance in June retail sales,...

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Ericsson CEO: Extended Reality, APIs Will Drive 5G Growth ‘For Years’
Ericsson CEO: Extended Reality, APIs Will Drive 5G Growth ‘For Years’
July 15, 2022  |  Earnings

Extended reality (XR) and application programming interfaces (APIs) will be among the uses driving demand for 5G infrastructure and capacity for years to come, Ericsson...

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Weekly TechREG US: NY Regulator Prohibits Overdraft, NSF Fees; California Probes Crypto Lender Over Withdrawal Suspensions
Weekly TechREG US: NY Regulator Prohibits Overdraft, NSF Fees; California Probes Crypto Lender Over Withdrawal...
July 15, 2022  |  Regulation

This week in TechREG, state regulators have been very active proposing new regulations and taking enforcement actions. California probed several crypto lenders for suspending withdrawals...

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Lululemon Deepens Push Into Women’s Sneakers With 3rd Launch in 4 Months
Lululemon Deepens Push Into Women’s Sneakers With 3rd Launch in 4 Months
July 15, 2022  |  Retail

Canadian athleisure brand Lululemon isn’t letting its vow to expand its empire into menswear slow down its focus on its original core. Get the Full...

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The Data Point: 76% of Merchants Say Third-Party Dispute Resolution Is the Way to Go
The Data Point: 76% of Merchants Say Third-Party Dispute Resolution Is the Way to Go
July 15, 2022  |  Fraud Prevention

With the surge of credit card transactions during the pandemic is the seemingly inescapable cascade of disputes and chargebacks that eat into profits and create...

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Payments Space Supports Growth With Innovation
Payments Space Supports Growth With Innovation
July 15, 2022  |  Opinion

Arun Tikoo, senior VP, Business and Strategy at Cashfree Payments, explores six payments trends fueling eCommerce innovation in the PYMNTS eBook “Baseline 2022: What the...

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Money Transfer Firm Ping Express Admits to AML Violations
Money Transfer Firm Ping Express Admits to AML Violations
July 15, 2022  |  AML

A Texas money transfer company has pleaded guilty to federal charges that it failed to adequately maintain an anti-money laundering (AML) program, letting $167 million...

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HSBC Names Mark Evans to Lead Cross-Border Payments
HSBC Names Mark Evans to Lead Cross-Border Payments
July 15, 2022  |  Personnel

HSBC has appointed Mark Evans to the role of global head of Cross Border and Cross Currency Payments, Global Liquidity and Cash Management (GLCM), responsible...

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