Year: 2022

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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