News

Faster Payments
Customers Bank, Tassat Debut TassatPay Instant Payments
October 19, 2021

Customers Bank, the multi-billion-dollar subsidiary of Customers Bancorp, Inc., and blockchain-based digital payment provider Tassat Group Inc. on Tuesday (Oct. 19) announced the debut of a real-time payments platform for B2B clients. Get the Full Story Complete the form to unlock this article and enjoy...

Payments Innovation
Clients’ Payments Routine: A Joke or Utopia?
October 19, 2021

“The payments industry is not just a vital cog in the global economy; it’s the connector between consumers and merchants,” says Hassan Issa, chief operating officer, Limonetik. In “The Way Payments Are Now Done,” read more of his insights on how clients’ payments routines have...

Retail
Marketplaces Mull How to Combat $464B of Counterfeit Goods
October 19, 2021

Amazon, eBay and Etsy, which months ago united in opposition to legislation in the U.S. Senate designed to protect online shoppers from counterfeit products, now stand on opposite sides of the issue after a new bill in the House of Representatives toned down some of...

Retail
Malls Try to Fill Vacancies With Experiences as Traffic Remains Down
October 19, 2021

Mall of America is planning to open a new eSports broadcast studio and gaming venue in early 2022 as shopping centers across the country try to add more experiences to their properties in an attempt to draw consumers in. Get the Full Story Complete the...

Retail
P&G: Homebound, Health-Conscious Consumers Still Driving Increased Consumption
October 19, 2021

With the delta variant slowing workers’ return to the office, consumer goods giant Procter & Gamble Co. said demand for many of its products remains heightened and continues to drive eCommerce growth for the company. Get the Full Story Complete the form to unlock this...

Retail
H&M, Iablaco Partner on Blockchain-Based Clothing Rental Service
October 19, 2021

Clothing retailer H&M’s Mitte Garten location and circular fashion platform Iablaco on Tuesday (Oct. 19) debuted a rental service that capitalizes on the emerging connected and digitized circular fashion industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Clinique Launches NFT for Rewards Members
October 19, 2021

Beauty brand Clinique on Tuesday (Oct. 19) said it is launching the brand’s first digital collectible: a limited-edition non-fungible token (NFT). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
Bipartisan Momentum Driving Big Tech Legislation
October 19, 2021

Lawmakers on both sides of the aisle are backing legislation to reel in Big Tech firms and institute content restraints, aiming to deter the spread of harmful information and disallow dominant platforms from self-promoting their own products and services. Get the Full Story Complete the...

Security & Fraud
Retailers Need to Combat Fraud and False Declines to Win Lifetime Customers
October 19, 2021

“Forty percent of shoppers who are declined on their first visit won’t return, and one-third will end up seeking out the competition,” says Liron Damri, president and co-founder of Forter. In “The Way Payments Are Now Done,” Damri and 32 other industry executives share their...