News

Retail
eCommerce Needs To Evolve Beyond Decades-Old Transaction-Based Mindset
August 05, 2021

Shopping at most merchants online has a familiar feel: A webpage with a photo grid of 25 or so items, each with a description or fun product name. Maybe the items expand when your mouse hovers over them; maybe a chatbot says hello. But other...

Retail
Toy Industry Grows 19 Pct In First Half Of Year As Consumers Head Outside
August 05, 2021

The U.S. toy industry grew almost 20 percent in the first half of 2021, up $1.7 billion to $11 billion, according to The NPD Group. The industry saw a compound annual growth rate (CAGR) of 9 percent in both dollars and average selling price from...

Retail
Angi Changes For The Better With 12 Pct Q2 Revenue Increase
August 05, 2021

Angi Inc. has been through a lot of changes in the last year or so, from a new name to a new CEO, and all of those tweaks seem to be paying big dividends for the company, which reported a 12 percent revenue increase for...

Banking
Untapped Business Credit + Banks’ Cash Pile Trigger Spending Hope
August 05, 2021

Some of the country’s biggest financial institutions are sitting on a pile of cash and untapped credit, with JPMorgan and Bank of America holding close to $1 trillion in credit commitments, The Wall Street Journal (WSJ) reported on Wednesday (Aug. 4). Get the Full Story...

B2B Payments
Blockchain Breaks New Ground In B2B Payments
August 05, 2021

Payment rail innovators continue to gain new traction with solutions that embrace a multi-rail strategy, or new infrastructure like blockchain, to complete B2B transactions. PYMNTS rounds up the latest initiatives from the likes of Mastercard Track, Interac and more. Get the Full Story Complete the...

B2B Payments
DeFi Preps For B2B Payments Disruption, Beginning With Data
August 05, 2021

With blockchain taking further steps into the world of B2B payments, the technology is at a bit of a crossroads. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Faster Payments
NEW REPORT: Real-Time Payments Helps Fix Cross Border’s Workforce Payday Cash Crunch
August 05, 2021

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...

Security & Fraud
Bank Security Experts Say Risk Of ‘Tool Sprawl’ And Overdoing It As Bad As Doing...
August 05, 2021

When it comes to technology upgrades, especially large-scale security enhancements, the halls of IT departments are filled with vivid illustrations as to why “rip and replace” is not an optimal strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Digital Banking
Bank-Based Bill Pay Is Broken And Putting Direct Deposits At Risk
August 05, 2021

The bill pay technology that most banks offer their customers is broken. Consumers know it — and that’s why they’ve been fleeing it en masse for over a decade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...