News

Banking
National Bank of Kuwait Wants to Promote Mobile Banking
August 17, 2022

The National Bank of Kuwait (NBK) is letting customers update their mobile numbers through its banking app or website using their new Virgin Mobile numbers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payment Methods
London FinTech Super Payments Intros Waitlist for Shoppers Ahead of Launch
August 17, 2022

Fresh on the heels of an estimated $30 million funding round, London FinTech Super Payments has introduced a waitlist for shoppers to access its cash back app ahead of its undetermined launch. Get the Full Story Complete the form to unlock this article and enjoy...

Delivery
Convenience Stores Seek Sweet Spot Between Restaurants and On-Demand Grocers
August 17, 2022

As consumers increasingly expect to get their food needs met on demand, the convenience retail industry is right there, offering some of the benefits of purchasing both from a restaurant and from a grocery store. Get the Full Story Complete the form to unlock this...

Delivery
Gig Economy Helps Transform Last Mile for Commerce Giants
August 17, 2022

The gig economy is helping shape the transformation of the last mile, getting goods on demand to consumers’ doorsteps …. with the help of a flexible workforce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Voices of the CFO: Digitizing B2B Payments From First Steps to Sprinter Vans
August 17, 2022

Chief financial officers (CFOs) have never been ones to shy away from a challenge, and so far this year, they’ve certainly had their share of them to contend with. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Lowe’s Looks To Personal Income, Aging Homes to Extend Home Improvement Trend
August 17, 2022

The nesting trend continues but at a clipped pace for home improvement retailer Lowe’s as DIY projects popular for the past two-plus years are nudged out as consumers with reduced buying power shift spending priorities to essentials and away from lifestyle. Get the Full Story...

Retail
Best Buy Jumps Into Hearing Aids After FDA Clears OTC Sales
August 17, 2022

Best Buy will begin offering Food and Drug Administration (FDA)-regulated hearing aids, following a ruling this week by the federal government allowing over-the-counter (OTC) sales of the devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
TJX Surprised by Weakness in Demand as Inflation Crimps Spending
August 17, 2022

Off-price apparel retailer TJX said Wednesday (Aug. 17) that demand for home-related items was weaker than expected as inflation dampened consumer spending, leading to a surprise 5% drop in same-store sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
COVID Fraud Could Hit $163B, Experts Say
August 17, 2022

While 1,500 people have been charged with pandemic fraud and 450 have been convicted, investigators are still chasing down abundant leads in what could top $163 billion illegally siphoned from COVID unemployment insurance (UI) benefits alone. Get the Full Story Complete the form to unlock...