News

Biometrics
Congressional Committees Say ID.me Provided Inaccurate Info About Fraud
November 17, 2022

While apparently attempting to promote the need for its identity verification services, facial recognition company ID.me overstated the amount of fraud around pandemic-related federal funds and understated the delays caused by its processing of applications.  Get the Full Story Complete the form to unlock this...

Mobile Commerce
WhatsApp Debuts Business Search Feature
November 17, 2022

Meta announced on Thursday (Nov. 17) that it has launched a new business search feature for WhatsApp that will allow users to search for businesses by name or category. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Payment Methods
Flywire Teams With HDFC to Streamline Education Payments
November 17, 2022

Payments software company Flywire has teamed up with India’s HDFC Bank to help students in India pay education fees at institutions around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Banking
BMO Teams With FISPAN to Simplify Business Banking
November 17, 2022

BMO has joined forces with FISPAN to offer the bank’s business clients direct access to everyday banking from their enterprise resource planning (ERP) or accounting system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Loyalty & Rewards
Kroger Says Grocery Price Anxiety Threatens Digital Adoption
November 17, 2022

With food prices up 15% from last year, grocers need to work harder to secure consumers’ digital engagement, new insights show, as signs of another inflation-related behavioral shift begin to emerge. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Macy’s CEO: ‘We’re a Financially Strong, More Modern Department Store’
November 17, 2022

Drawing on a 40-year purview as a Macy’s employee that began as a trainee in 1983 and has seen him in the role of chairman and CEO for the past six, Jeff Gennette has seen more than his shares of ups and downs atop one...

Retail
Kohl’s Says Middle Class and Discretionary Items Struggle with Inflation
November 17, 2022

 With its focus on discretionary products and middle-income consumers, Kohl’s has been hard hit by the current macroeconomic trends, the retailer said Thursday (Nov. 17) during its quarterly earnings call.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Bath & Body Works Credits ‘Newness’ for Q3 Performance
November 17, 2022

Bath and Body Works said a focus on “innovation and newness” helped the personal care and fragrance retailer end its most recent quarter on a strong note. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
Qatar World Cup Boosts Ride-Hailing, Food Delivery Demand Across MENA
November 17, 2022

Ahead of the World Cup opening ceremony on Sunday (Nov. 20), soccer fans from around the globe have been arriving in Qatar, giving an economic boost to the country’s tourism and hospitality sector. Get the Full Story Complete the form to unlock this article and...