Luxury retailers have established a reputation for their exclusive and upscale offerings, catering to a limited clientele characterized by discerning preferences and substantial financial resources. Their primary emphasis on premium goods distinguishes them from affordable retailers, yet it also presents distinct challenges, including lower conversion...
Property management always has a flurry of activity in the background. Landlords employ and contract with a variety of vendors and suppliers to keep things running smoothly, the grounds maintained, the sinks and toilets unclogged. Tenant turnover — where one renter leaves and another moves...
Ross McFerrin, vice president of enterprise growth at Trustly, told PYMNTS in an interview that some fundamental questions are being asked about open banking. What exactly is it? How does it work? What’s in it for the merchants? “And the question we get asked the most...
Acquired.com, a United Kingdom FinTech, has debuted a tool to help merchants offer open banking payments. The payments specialist’s Hosted Checkout solution lets merchants accept credit and debit cards, Apple Pay, Google Pay and open banking payments through a single integration, according to a Monday (Sept. 4) press release....
Indian eCommerce and payments firm Paytm debuted a new payment acceptance tool for merchants. Card Soundbox lets merchants accept mobile and card payments using the company’s Soundbox with “tap and pay” capabilities, according to a Monday (Sept. 4) company blog post. “We have found that merchants and consumers...
China’s technology giants have reportedly begun enforcing new rules governing app publishers. Mobile app stores operated by companies like Tencent and Xiaomi have begun blocking app publishers from debuting new apps if they haven’t made proper disclosures to the authorities, Reuters reported Monday (Sept. 4). New rules introduced last month...
Continental is the latest car company to incorporate Google technology in its products. The partnership will see the auto supplier add Google Cloud services to its vehicle dashboard system, letting drivers ask the automobile for help, Reuters reported Monday (Sept. 4). The two companies demonstrated the technology at the IAA Mobility show...
Germany’s banking regulator has reportedly closed off parts of its website following a cyberattack. BaFin took defensive measures following the attack Sept. 1, which restricted access to the website, Bloomberg reported Monday (Sept. 4). The organization was working to restore full access. The site appeared to be down...
Reward programs have become a significant factor influencing consumer behavior, with many individuals opting for specific payment methods that allow them to earn points or rewards for online purchases and bill payments. In the ‘New Payment Options: The Lure of Payment Method Rewards’ report, PYMNTS...
