FedEx Earnings Put Discretionary Spending In Spotlight as Package Volume Drops 

FedEx Earnings Put Discretionary Spending In Spotlight as Package Volume Drops 
FedEx Earnings Put Discretionary Spending In Spotlight as Package Volume Drops 
December 21, 2022  |  Earnings

Declining package volumes in the latest FedEx earnings report stoked new concerns about discretionary spending. This was after the company reported its fiscal second-quarter earnings Tuesday (Dec...

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AMC Entertainment Discusses Acquisition of Some Cineworld Theaters
AMC Entertainment Discusses Acquisition of Some Cineworld Theaters
December 21, 2022  |  Partnerships

AMC Entertainment discussed a potential acquisition of Cineworld assets with some of that firm’s lenders. The discussions centered on certain theater assets in the United...

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Binance Skeptics Seek Answers Concerning Similarities With FTX Crypto Business Model
Binance Skeptics Seek Answers Concerning Similarities With FTX Crypto Business Model
December 21, 2022  |  Cryptocurrency

After the astounding FTX crypto collapse, investors and industry observers want proof that Binance is different. The leading cryptocurrency exchange and its founder and CEO,...

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What Is Buy Now, Pay Later?
What Is Buy Now, Pay Later?
December 21, 2022  |  BNPL

Buy now, pay later (BNPL) is a financing option that allows customers to purchase items and pay for them later, usually with no upfront payment...

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Treasury Official: No Hurry for US to Adopt Digital Dollar
Treasury Official: No Hurry for US to Adopt Digital Dollar
December 21, 2022  |  CBDC

A leading U.S. Treasury official says the digital dollar could still be years away. U.S. regulators must first determine whether a central bank digital currency...

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Digital Wallets Drive D2C Brands’ Holiday Sales
Digital Wallets Drive D2C Brands’ Holiday Sales
December 21, 2022  |  Digital Payments

In a bid to win consumers’ holiday spending, D2C brands are removing payment friction. This, as data shows that online shoppers are increasingly seeking out...

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Pinterest Stock Up 35% 6 Months After New CEO Arrived
Pinterest Stock Up 35% 6 Months After New CEO Arrived
December 21, 2022  |  Retail

Pinterest stock has risen 35% since the arrival of new CEO Bill Ready in June. It’s a shift that’s happened as the platform works to...

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Report: Italian Government Easing Merchants’ Digital Payment Woes
Report: Italian Government Easing Merchants’ Digital Payment Woes
December 21, 2022  |  Digital Payments

The Italian government has backed a plan to lower digital payment fees for retailers. The measure, part of the country’s 2023 budget, would impose a...

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PYMNTS Intelligence: Marking the Milestones and Impact of the RTP® Network
PYMNTS Intelligence: Marking the Milestones and Impact of the RTP® Network
December 21, 2022  |  Real-Time Payments

The RTP® network does not only offer secure payments that settle in seconds. It also offers payment messaging capability, digital commerce services and a host...

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