News

Retail
As Sales Slump, Sonic Automotive Ramps up Chain of Used Car Omnichannel Stores
April 05, 2022

The auto industry is in a steady decline thanks to supply chain hang-ups, chip shortages and other factors, but that isn’t stopping Sonic Automotive from continuing to expand its EchoPark Automotive brand with the opening of its newest retail hub in Raleigh, North Carolina, according...

Retail
PayPal to Launch New Cash Back Rewards Card Amid Consumer Belt-Tightening Trend
April 05, 2022

At a time when people across the United States and around the world are trying to keep as much money in their pockets as possible, PayPal has announced the PayPal Cashback credit card, giving customers unlimited 3% cash back with every PayPal purchase and 2%...

Faster Payments
PopID, Visa Partner to Debut Facial Verification Payments in the Middle East 
April 05, 2022

Consumer authentication service PopID and Visa have partnered to launch facial verification payment acceptance in the Middle East, the companies announced Tuesday (April 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
The Smaller, Smarter ‘Store of the Future’ Trend Is Real
April 05, 2022

From mega malls riddled with vacancies and empty anchor tenant spaces, to giant stand-alone box stores in need of a refresh, to the realm of changed consumer expectations and shopping behaviors fueled by COVID, it would not be a stretch to say the retail industry...

B2B Payments
Virtual Cards, Spend Management Help SMBs Cut Costs — and Red Tape
April 05, 2022

When employees must pay their expenses out of pocket and get reimbursed later, the process isn’t just tedious — it’s expensive too. As a result, there’s a continuing transition away from legacy solutions. Get the Full Story Complete the form to unlock this article and...

Regulation
Apple’s Financial Service Ambitions May Clash With EU’s DMA
April 05, 2022

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Security & Fraud
As Application Fraudsters Set Sights on B2Bs, A Growing Threat Looms
April 05, 2022

The Paycheck Protection Program (PPP) loans are gone. The various tranches of government aid have been exhausted, and trillions of dollars in economic aid are in the rear-view mirror. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Shortages, Inflation Spur New Mix of Paper and Digital Couponing
April 05, 2022

If you ever watched an episode of the reality TV show “Extreme Couponing,” you know that coupon clipping is serious business for price-conscious consumers and the brands offering them the discounts they demand. Get the Full Story Complete the form to unlock this article and...

Latin America
Flexible Payouts Prove Tempting Way to Capture Loyalty of Latin American Gig Workers
April 05, 2022

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