News

Only 10% of Retailers Have Invested in Real-Time AP Payments
Faster Payments
Only 10% of Retailers Have Invested in Real-Time AP Payments
January 11, 2023

Only a slim minority of manufacturers and retailers are investing in real-time payments. 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....

Paytient Raises $40.5M to Expand Health Payment Accounts Offering
Investments
Paytient Raises $40.5M to Expand Health Payment Accounts Offering
January 11, 2023

Health payment accounts provider Paytient has raised $40.5 million in a Series B funding round. 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,...

FCA Fines Al Rayan and Guaranty Trust Banks For AML Failures
Security & Fraud
FCA Fines Al Rayan and Guaranty Trust Banks For AML Failures
January 11, 2023

The FCA has fined Al Rayan and Guaranty Trust banks over anti-money laundering (AML) failures. 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,...

India’s UPI Paves Path for Global, Interoperable Real-Time Remittance Network
Cross-border Payments
India’s UPI Paves Path for Global, Interoperable Real-Time Remittance Network
January 11, 2023

India is paving the path to payments interoperability — not just across providers, but across borders. 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...

Wells Fargo Narrows Focus of Home Lending Business
Banking
Wells Fargo Narrows Focus of Home Lending Business
January 11, 2023

Wells Fargo is shrinking and simplifying its home lending business. 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...

Curbside-Pickup-Only Grocer Opens in Oklahoma
Retail
Curbside-Pickup-Only Grocer Opens in Oklahoma
January 11, 2023

One of the first curbside-only grocery stores in the United States has opened its digital doors. 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...

Remote Workers Shop Online Nearly Twice as Much as in-Office Peers
Retail
Remote Workers Shop Online Nearly Twice as Much as in-Office Peers
January 11, 2023

Whether it’s work from home, remote work or hybrid work, by any name these models almost all equate to losses for small, physical retailers in business districts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

JD Sports Scores 20% Sales Growth Due to Younger Buyers
Retail
JD Sports Scores 20% Sales Growth Due to Younger Buyers
January 11, 2023

British sportswear retailer JD Sports had a merry Christmas, thanks to its younger customers. 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...

Tulip Adds Tap to Pay on iPhone to POS System
Mobile Payments
Tulip Adds Tap to Pay on iPhone to POS System
January 11, 2023

Tulip has added Tap to Pay on iPhone to its omnichannel point-of-sale (POS) system. 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...