Request-to-pay features have emerged with promises to benefit merchants, financial institutions and billers. The message exchange service allows payees or creditors to collect a payment from a debtor or payer. As a result, payees can benefit from increased control over the payment process, accelerate incoming...
Sometimes, money is good – and sometimes, just getting bills paid at the end of the month can be a struggle. For consumers struggling to make ends meet, taking out a personal loan can be an important step to getting their financial lives back on...
Interchange fees, assessed by credit card companies on merchants for credit and debit card transactions, have taken center stage. Companies are assessed these costs by financial institutions in exchange for taking the credit risk and handling these transactions. Visa and Mastercard have delayed more than...
Target posted quarterly earnings that came out ahead of expectations, as it rode the strength of stimulus checks, private-label clothing and digital strategy honed during the pandemic. In other earnings, Lowe’s Companies reported that comparable sales for its U.S. home improvement business soared as part of its quarterly results. And in pandenomics,...
Facebook, Alphabet/Google, Apple and Amazon are under the microscope these days as politicians and regulators the world over accuse them of anticompetitive behaviors. In our new Big Tech Compliance Tracker, we’ll look at the latest compliance news regarding the four Big Tech behemoths. Here are the latest...
Consumers have the potential to grow impatient if it takes more than a single click or tap on a screen to complete a purchase when they shop online. This stands in stark contrast to how the accounts payable (AP) departments at many businesses process payments....
The digital commerce ecosystem has opened up vast growth opportunities for businesses of all sizes and stripes. Even the smallest of enterprises can leverage services like cross-border payments, data analytics and customer management tools, transforming one-time purchasers to loyal customers. Businesses need help to access...
The last days of summer here. The end of a quarter is approaching, and with that, we head into the end of a year. It’s been a dizzying few months in payments. Amid your Labor Day BBQ, we offer a few bite-sized nuggets gleaned from...
When it comes to pumping up sales, strategically infused tech can be downright performance-enhancing. In the latest PYMNTS.com Developer Tracker™, powered by Vantiv, Ben Brown at technology-powered health company NutraClick discusses how technology is strengthening the company’s business and continuing to change the way consumers...