News

Retail
Beer Companies Try To Attract Customers During Dry January With Non-Alcoholic Drinks
January 03, 2020

Americans are drinking less beer, and this month people worldwide will be participating in ‘Dry January.’ But beer companies are trying to work around those obstacles and keep customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Faster Payments
Deep Dive: Real-Time Payments Make The Grade In Higher Education
January 03, 2020

The cost of college tuition is skyrocketing across the country, and the financial burden falls on many parents and students. Legacy college tuition payment methods, such as personal checks or credit cards, can be slow and costly, adding to many families’ frustrations. Parents and higher...

Retail
US 2019 Auto Sales Were Lowest In Five Years
January 03, 2020

Drivers in the United States purchased fewer new vehicles in 2019 than in prior years but spent more money to buy them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Digital Banking
The Race For Singapore’s Digital Banking Licenses
January 03, 2020

In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses to eligible applicants. Get the Full Story Complete the form to unlock this article and...

Payments Innovation
Why Speed And Scale Will Define Global Payments In The 2020s
January 03, 2020

Speed, scale and engagement — if you say it a few times, really get your vocal cords and mouth into the exercise, there’s a certain snap to those words put together like that. As well there should be — those are among the main traits...

Faster Payments
When Instant Payments Are Just Payments
January 03, 2020

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...

International
Finance Ministry: India Retailers With $7M+ Sales Must Accept Debit Cards
January 03, 2020

The finance ministry in India passed a new regulation saying that companies with sales of more than ₹50 crores (about $7 million) will have to offer customers electronic payment modes like debit cards, powered by RuPay, according to a report by LiveMint.  Get the Full...

Security & Fraud
Landry’s Customer Payment Data Stolen In Cyberattack
January 02, 2020

U.S. restaurant chain Landry’s announced on Thursday (Jan. 2) that it had been the victim of a malware attack that almost stole customers’ payment data. According to reports, while the malware affected all point-of-sale terminals at Landry’s locations, it was unable to actually steal data...

B2B Payments
KPMG, PwC, EY To Put $9B Toward AI, Data Tech
January 02, 2020

The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products to change the industry in new ways, according to a report by Bloomberg Tax. Get the Full Story Complete the form...