The pandemic and the resultant world economic crisis meant hard times for the sale of luxury goods. But around the start of 2021, the luxury market began to heat up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Citi has joined forces with Mastercard to expand its payment exchange options for its institutional clients. Citi announced in a news release on Wednesday (April 21) that corporate and public sector Citi Payment Exchange clients can now integrate Mastercard Send to transmit funds to consumer...
Saudi Arabia’s Saudi Payments Network is teaming up with IBM and Mastercard to launch instant payments in the kingdom. The country’s new instant payments system — called “sarie” — aligns with Saudi Vision 2030 and Saudi Arabia’s Financial Sector Development Program (FSDP). The vision plan is calling...
The events of the past 13 months have rapidly accelerated the adoption of digital coupons, as increasingly stuck-at-home consumers grew accustomed to virtual replacements for previously physical activities and services, and as online shopping surged. In fact, by the latter half of May, digital coupon...
Sid Singh, president, U.S. information solutions for Equifax, discusses how the pandemic has created the ideal environment for a digital payments migration – and why he believes the convergence of eCommerce and consumer finance has only just begun. Ready more in The Connected Economy’s Power...
Brick-and-mortar stores took a big hit during the pandemic, but the big casualties were bad retailers, not those that took advantage of “stay at home consumers,” by inventing ways to make online buying seamless and yes, even positive experiences. Get the Full Story Complete the...
As the lingering impact of the pandemic abates (at least somewhat), as job growth signals economic growth and as consumers keep spending, we may be poised to see a shift from debit spending back toward credit. Earnings season is in full swing, and the slew...
San Francisco-based Affirm announced Wednesday (April 21), that it has struck a deal to acquire Returnly, which deals with online returns and post-purchase payments. A press release said Affirm will buy Returnly for a total of $300 million in cash and equity. Get the Full...
After six separate rounds of fundraising over the past 10 years, the trendy online and retail eyewear chain Warby Parker is reportedly preparing to go public. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
