JPMorgan Ups Loan Loss Reserves Amid Uncertain Consumer Outlook
JPMorgan Ups Loan Loss Reserves Amid Uncertain Consumer Outlook
July 14, 2022  |  Earnings

JPMorgan Chase set aside $428 million in additional funds to cover bad loans and also temporarily shelved share buybacks as the country’s biggest bank posted...

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Global Market Shifts Pave the Way for Agnostic Payments Orchestration
Global Market Shifts Pave the Way for Agnostic Payments Orchestration
July 14, 2022  |  Opinion

Retailers and merchant aggregators are increasingly valuing independence and the flexibility to use whichever payment service is best for their needs, Spreedly CEO Justin Benson...

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Amazon Delivers Biggest Prime Day Event Ever
Amazon Delivers Biggest Prime Day Event Ever
July 14, 2022  |  Amazon

Proclaiming “this year’s event the biggest Prime Day event in Amazon’s history,” Amazon said the first of this year’s two Prime Day events saw over...

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Dairy Industry Uses Data to Speed Delivery of Perishable Products
Dairy Industry Uses Data to Speed Delivery of Perishable Products
July 14, 2022  |  Connected Economy

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Fast Retailing Raises Annual Earnings Expectations After Record Q3 Showing
Fast Retailing Raises Annual Earnings Expectations After Record Q3 Showing
July 14, 2022  |  Retail

Uniqlo parent company Fast Retailing is joining others in the fast fashion world by raising prices on fleece items at a time when shoppers are...

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Savers Value Village Names Ollie’s Bargain Outlet Vet Jay Stasz as New CFO
Savers Value Village Names Ollie’s Bargain Outlet Vet Jay Stasz as New CFO
July 14, 2022  |  Personnel

Thrift retail operator Savers Value Village has named Jay Stasz, a six-year veteran of Ollie’s Bargain Outlet, as its new chief financial officer (CFO), according...

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Vehicle Financing Firm Moove Raises $20M
Vehicle Financing Firm Moove Raises $20M
July 14, 2022  |  Investments

South African mobility FinTech Moove has raised $20 million in financing from Absa Corporate and Investment Banking (CIB), the Johannesburg company announced Thursday (July 14)....

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Digital B2B Payment Solutions Provide Flexibility for Buyers and Sellers
Digital B2B Payment Solutions Provide Flexibility for Buyers and Sellers
July 14, 2022  |  Opinion

Dean M. Leavitt, CEO and founder of Boost Payment Solutions, writes in the PYMNTS eBook “Baseline 2022: What the Next Six Months Holds” that three themes...

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The Data Point: Younger Consumers Seek Convenience of Bundled Banking
The Data Point: Younger Consumers Seek Convenience of Bundled Banking
July 14, 2022  |  Banking

In a world of disintermediated financial products, consumers still show a strong propensity for one banking relationship that brings it all together — and many...

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