News

Faster Payments
Instant Wage Payouts Could Aid Employers as Workers Eye Better-Paying Jobs
April 19, 2023

Wage growth is still on the rise despite the recently cooling job market, leading some employers to turn to pay-related “perks” in order to retain workers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Report: Allianz Selling Share of N26 at Sharp Discount
April 19, 2023

Insurance group Allianz is reportedly selling its stake in neobank N26 at a steep discount. 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,...

Delivery
Cashless Cannabis Delivery Drives Higher Order Values to a Fragmented Space
April 19, 2023

In a curious reversal, the ongoing legalization of cannabis is akin to the repeal of alcohol prohibition of the 1920s, except in that case, the federal government lifted the ban before many states did. Get the Full Story Complete the form to unlock this article...

Digital Banking
Sparkle COO Says Open Banking Builds Trust by Putting Consumers in Control of Their Data
April 19, 2023

After years of advocacy, open banking is now live in Nigeria, the first country in sub-Saharan Africa to adopt the regulation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

eCommerce
Will Amazon’s New Returns Policy Stoke Fires of Consumers’ Ire?
April 18, 2023

One way to keep customers within an eCommerce ecosystem is to charge them if they stray. 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,...

Loyalty & Rewards
UK Retailers Step Up Rewards to Help Shoppers Navigate Inflation
April 18, 2023

As Brits try to cut back on spending and expenses amid the ongoing cost-of-living crisis and double-digit food inflation, U.K. grocers are under pressure to step up their discounting efforts to retain customers. Get the Full Story Complete the form to unlock this article and...

Artificial Intelligence
Mercari Adds ChatGPT-Powered Shopping Assistant to Marketplace Platform
April 18, 2023

Mercari has added a ChatGPT-powered shopping assistant to its marketplace platform for secondhand items. 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...

Banking
Big Banks’ Consumer Loan Write-Offs Jump 73% in Q1
April 18, 2023

America’s biggest banks are downplaying a massive spike in write-offs of bad consumer loans. 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...

B2B Payments
Transflo and Comdata Launch App-Based Fuel Payments for Freight Industry
April 18, 2023

Transflo and Comdata have partnered to create an app-based fuel payment solution for the freight industry. 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...