News

B2B Payments
Today in B2B Payments: Pod Foods Debuts Emerging Brand-Focused Finance Tool; Dairy Industry Data Speeds...
July 14, 2022

Today in B2B payments, Clair and Criterion partner to offer on-demand pay, while TurnKey Lender names a new board chairman and raises $10 million. Plus, Zuora and BNP Paribas partner on usage-based equipment services. Get the Full Story Complete the form to unlock this article...

Investments
Elliott Management Holds Over 9% of Troubled Pinterest, Reportedly in Discussions
July 14, 2022

Activist investor Elliott Management has accumulated a 9% stake in social media platform Pinterest and is reportedly in talks to further boost that position The Wall Street Journal reported Thursday (July 14), citing unnamed people familiar with the talks. Get the Full Story Complete the...

Retail
54% of Clothing, Accessory Shoppers Have Abandoned an Online Cart in Last Year
July 14, 2022

While most consumers love the convenience and variety of online shopping, they find some aspects frustrating or time-consuming.  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...

CFPB
CFPB Fines Bank of America $100M Over Alleged Unlawful Account Freezing
July 14, 2022

The Consumer Financial Protection Bureau announced Thursday (July 14) that it has leveled a $100 million fine at Bank of America for allegedly messing up the disbursement of state unemployment benefits during the pandemic. Get the Full Story Complete the form to unlock this article...

eCommerce
Nearly All Millennials, Gen Z-ers Seek Digital Engagement with Restaurants
July 14, 2022

As restaurants look for ways to drive visits and boost frequency, they are finding that providing a compelling digital experience is key to reaching younger consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
UK Online Safety Bill Put on Hold
July 14, 2022

In a move that sparked relief among the tech industry, the United Kingdom’s online safety bill has been postponed for at least several weeks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Social Commerce
Instagram Unveils Exclusive Content for Subscribers
July 14, 2022

Instagram on Thursday (July 14) announced the ability for creators with paid subscriptions to publish their feed post only to their subscribers, among other new features, less than six months after debuting creator subscriptions, according to a company press release. Get the Full Story Complete...

Point of Sale
BHG Financial’s New POS Financing Solution NaluPay Gains Traction With Merchants
July 14, 2022

Working capital and unsecured consumer loan company BHG Financial has launched the point-of-sale (POS) financing solution NaluPay to provide merchants with the ability to offer their customers large credit lines and a cross-section of financing options. Get the Full Story Complete the form to unlock...

Regulation
EU Lawmakers Agree on Rules to Limit Credit Card Debt, Overdrafts
July 14, 2022

The European Parliament‘s (EP) Internal Market and Consumer Protection Committee almost unanimously approved on Tuesday (July 12) the new EU rules that, according to lawmakers, “aim at protecting consumers online from credit card debt, overdrafts and loans that are unsuitable for their financial situation.”  Get...