News

Merchant Innovation
Synchrony Car Care Opens Cards to Let Consumer Charge EV Refills
March 08, 2022

Synchrony, a consumer financial services company, has announced that customers will be able to use the company’s Car Care credit card to pay for refills at electric vehicle (EV) charging stations, a press release said. Get the Full Story Complete the form to unlock this...

Latin America
Super Apps Key to Winning LatAm Gen Zs and Millennials
March 08, 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...

Digital Banking
‘Proactive Finance’ Gives Banks, FinTechs Vision Into Unknown Customer Needs
March 08, 2022

With the second quarter closing in and COVID-19 moving to the rearview — we think — we’re finding ourselves in a dazzling new connected economy. Expectations are accelerating faster than the digital shift itself, and folks now want finance to be as easy as a...

Security & Fraud
AP Automation Frees Teams to Think Strategically When Fighting Payments Fraud
March 08, 2022

While many businesses made the shift to digital during the pandemic, some — too many, in fact — are still relying on paper-based accounts payable (AP) processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
Workable Exemptions Would Foster SEC, Crypto Collaboration, Says Commissioner Hester Peirce
March 08, 2022

Crypto companies have been arguing for years that they need more guidance from the Securities and Exchange Commission to understand whether their products are securities and need to be regulated as such. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Amazon Now Ahead of Walmart in Share of Retail Spending New PYMNTS Data Show
March 07, 2022

It took over a decade to do it, but new data from PYMNTS confirm that Amazon ended 2021 with a larger share of U.S. retail spending than rival Walmart. Thanks to a burst of fourth-quarter activity, the Seattle-based eCommerce leader now claims a 9.4% share...

International
EMEA Daily: Alma CEO Says Zero Late Fee Policy Risky for BNPL; EU Crypto Law...
March 07, 2022

In today’s top Europe, Middle East and Africa news, loan providers that do not charge penalty fees risk losing revenue, while MiCA, the European Union’s Markets in Crypto Assets legislation, is set for a vote next week. Get the Full Story Complete the form to...

Faster Payments
The Bank of London Join UK’s Faster Payment System
March 07, 2022

The Bank of London, the first purpose-built global clearing agency and transaction bank, has announced that it has become a directly connected settling participant (DCSP) with the Faster Payment System, a press release said. Get the Full Story Complete the form to unlock this article...

Investments
Bill Ackman Backs Web3 OP Venture Fund 1 in $50M Fundraise
March 07, 2022

Billionaire Bill Ackman has thrown his support behind a Web3 venture fund focused on the metaverse, gaming, social media and decentralized finance, according to a Monday (March 7) report from Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited...