News

Banking
Major Goldman Reorg Will Fold Consumer Banking Marcus into Wealth Management
October 17, 2022

Goldman Sachs is reportedly moving forward with one of the most extensive reorganizations in its 153-year history — and the Wall Street bank’s fourth restructuring in three years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
Global Sellers Localize Payments to Convert Abandoned Carts in APAC
October 17, 2022

Unlocking potential in the burgeoning market for luxury goods in the Asia-Pacific region isn’t a job for payments lightweights. It’s serious business with major challenges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Industrial Marketplaces Eye Trillion-Dollar Payments Opportunity
October 17, 2022

The global economy is in whipsaw mode. So are many of the smokestack industries that supply the basic raw materials that go into constructing all manner of end products, from cars to medicine to couches. Get the Full Story Complete the form to unlock this...

B2B Payments
Connected Cars Unlock New Fleet Payments Use Cases
October 17, 2022

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 form, you agree to receive marketing communications from PYMNTS and...

Payment Methods
Digital Wallets Account for 20% of All In-Store Payments in Germany, Highest in EU-5
October 16, 2022

With nearly 29 billion debit and credit cards in circulation worldwide, cards power the digital economy. But as consumers warm up to alternatives, other payment methods such as domestic schemes, account-to-account transfers and mobile wallets are gaining traction. Get the Full Story Complete the form...

Delivery
Instacart Valuation Reportedly Reset to $13B
October 14, 2022

Same-day food delivery startup Instacart reportedly cut its internal valuation for the third time this year as it continues to advance plans for an initial public offering (IPO) amid falling prices and market volatility. Get the Full Story Complete the form to unlock this article...

Loyalty & Rewards
Amex: Perks Boost Diner Frequency
October 14, 2022

Multinational financial services company American Express held its Member Week event, which ended Friday (Oct. 14). The promotions offered $25 statement credits for purchases of $75 or more from a list of more than 200 restaurants through the company’s restaurant reservation subsidiary Resy. Get the...

B2B Payments
B2B eCommerce Firm Papmall Debuts Cross-Border Freelance Payments
October 14, 2022

B2B eCommerce platform papmall has upgraded its services to allow businesses to send cross-border payments to freelancers. 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...

B2B Payments
Today in B2B Payments: Firms Gain Funding for Business Banking, Money Movement
October 14, 2022

Today in B2B payments, NorthOne raises $67 million to expand its business banking and financial management platform, while Astra nets $10 million to deliver its faster money movement capabilities to more customers. Plus, Shoplazza and PayerMax partner to provide merchants with collection solutions. Get the...