News

Retail
Nike Renewing Relationships With Retailers in Shift From D2C Focus
June 09, 2023

Nike products will again be available at Designer Shoe Warehouse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Retail
Amazon Continues to Own eCommerce as Walmart Finds Digital Footing
June 09, 2023

When it comes to the share of online retail spend, there’s only one champion. Per the retailers’ recent earnings, Amazon far outpaces Walmart in eCommerce sales. PYMNTS’ proprietary research, created by combining data gathered from Amazon and Walmart earnings reports and U.S. Census Bureau numbers,...

Payment Methods
Account-to-Account Payments Have a Branding Problem
June 09, 2023

Business has a way of creating an alphabet soup of abbreviations and marketing names for financial products, and that’s certainly the case with account-to-account, or A2A, transfers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
60 Years on, Banks Say it’s Time to Leave Passwords and Embrace Biometrics
June 09, 2023

Companies have had to ensure the validity of customers interacting with them — while also providing a frictionless experience — since the very dawn of commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
It’s Not Enough That Businesses Win – Fraudsters Must Also Lose 
June 08, 2023

The digital age has brought with it a new, sophisticated twist to traditional fraud threats. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Regulation
Lawmakers Demand FinCEN Educate Businesses on Beneficial Ownership Reporting Requirements
June 08, 2023

Lawmakers are demanding greater clarity on FinCEN’s forthcoming beneficial ownership reporting requirements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Delivery
Openforce and Ryder Offer Commercial Vehicle Rentals for Last-Mile Delivery
June 08, 2023

Openforce and Ryder have teamed up to offer commercial vehicle rentals to independent contractors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Security & Fraud
American Express and Plaid Streamline Onboarding for FinTech Apps
June 08, 2023

American Express and Plaid have partnered to make it easier for customers to use FinTech apps. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Security & Fraud
FTC: Bank Impersonation Text Message Scams 20X More Common Since 2019
June 08, 2023

Bank impersonation is the most-reported form of text message scam. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...