News

Retail
Mastercard SpendingPulse: Back-to-School Retail Sales May Grow 7.5% in 2022
June 14, 2022

Many retail spending reports these days show consumers tightening their belts and focusing their spending on food, gas and other necessities, but the Mastercard SpendingPulse report for May shows a 10.5% year-over-year retail sales growth for the month — and more good news ahead. Get...

Retail
Zara Limits Free Returns to in-Store Only, Reports No Impact on Sales
June 14, 2022

Not unlike the retail industry itself, the longstanding “free shipping, free returns” eCommerce business model is in the throes of evolution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
US Lawmakers Push Bill That Could Block FinTech, AI Investments in China 
June 14, 2022

The President of the United States has the power to block certain investments in U.S. companies from foreign companies if they are seen as a threat to the national security, but a new proposed bill could extend the government’s powers to block U.S. investments in...

B2B Payments
JPMorgan Taps AI, Real-Time Data to Make Cash Flow Transformation a Reality
June 14, 2022

If the past few years have taught us anything, it’s that financial forecasting is tough — and for treasurers especially, it’s a blend of art and science. Cash flow remains the cornerstone of a company’s health, but with pandemic impacts, changing consumer behaviors and supply...

Retail
CPG Manufacturers and Retailers Seek to Sync-Up on Pricing With Automation
June 14, 2022

Getting paid what is invoiced is among the most basic functions of finance and business in general. 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
Legacy Cash-On-Delivery Process Hinders Growth of MENA P2P Payments
June 14, 2022

Peer-to-peer (P2P) payments like Venmo, PayPal and Cash App have risen in popularity in recent years, providing rapid, convenient solutions that enable customers to send and receive money anywhere and anytime. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Payment Methods
Canada’s PaySprint Launches Subscription-Based Payment Processing
June 13, 2022

Canadian payments firm PaySprint announced in a Monday (June 13) press release the launch of what it called a “100% subscription-based” global money transfer and payments-processing service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
Fleet Management Firm Coast, RaceTrac Offer Fuel Discounts
June 13, 2022

Fleet management platform Coast has teamed up with the convenience store chain RaceTrac to offer Coast customers discounts on fuel purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

International
EMEA Daily: Credit Suisse Placed on UK Watchlist
June 13, 2022

In today’s top stories from Europe, the Middle East and Africa (EMEA), the United Kingdom’s top financial regulator places Swiss investment bank Credit Suisse on a watchlist until it shows it can improve its culture and accountability measures. Plus, Apple finally reaches an agreement with...