News

B2B Payments
JPMorgan: Real Time Payments Will Speed B2B Payments, But ACH Has Staying Power
October 25, 2021

The headlines paint an ominous picture for the holiday shopping season — and, indeed, for everyday commerce. 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...

Loyalty & Rewards
Bakkt’s Plan to Grow Its Digital Asset Network From 100K Active Users to 32 Million...
October 25, 2021

Unused gift cards sit idly in a drawer.   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...

Payment Methods
Surging Debit Use Leads ‘Eighty-Fold’ Acceleration in LatAm Digital Payments
October 25, 2021

In just two years, Latin American debit and credit card use rates have essentially swapped their market share positions.  In 2019, roughly 60% of the total purchases in the region were made through credit, whereas today, 65% of total sales from both physical and eCommerce...

Investments
Pinterest Stock Dips Amid PayPal Deal Uncertainty
October 24, 2021

Pinterest has seen a 1.5 percent fall after its release saying it would release its third-quarter financial results on Nov. 4, after the close of the market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
India’s Stripe-Backed Clear Nets $75M to Expand into Online Payments
October 24, 2021

Clear, the startup from India, has raised $75 million from investors, including from Stripe and others, as it attempts to get into more online payments, a report from Bloomberg says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payment Methods
Aetna to Go Digital for Payments, Statements, Remittances
October 24, 2021

Aetna is looking toward September of next year to switch to all-digital payments, remittances and explanation of benefits statements – a goal which it has already started. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Great Britain’s Retailers Report Unexpected Fall in Retail Sales
October 24, 2021

Retail sales in Great Britain have dipped for the fifth consecutive month, The Guardian reported. The 0.2% decline in September was unexpected, comes despite the removal of most pandemic-related restrictions and marks the worst slump since modern records began in 1996. Get the Full Story...

Delivery
Post Office Promises to Be Ready for Holiday Rush
October 24, 2021

The U.S. Postal Service is adding 45 new facilities for the holiday shipping season to handle the expected increase in volume, adding 112 new machines to sort packages and hiring 40,000 seasonal workers, U.S. Postmaster General Louis DeJoy told The Wall Street Journal (WSJ). Get...

Social Commerce
Twitter Debuts Revue Subscription Button
October 24, 2021

Twitter has announced it is adding a Revue subscription button to tweets that will allow users to make money off their content, 280 characters at a time, Slashgear reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...