News

Retail
Mid-Market Retailers Innovate to Survive in a Tight Economy
July 02, 2024

As ongoing financial pressures make it harder for mid-market retailers to compete, without the scale of industry giants or the close customer connections of mom-and-pop shops, these merchants are forced to adapt if they do not want to go the way of, say, Sam Ash....

CFPB
CFPB Finds Failures in Loan Collection and Medical Credit Cards
July 02, 2024

The companies collecting Americans’ student loans, auto loans and medical payments have some work to do. 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...

Security & Fraud
Pa. Health System Geisinger’s 1 Million-Patient Data Breach Leads to Lawsuit
July 02, 2024

A patient affected by a “data security incident” involving Pennsylvania-based health system Geisinger has filed a class-action lawsuit against the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Gap’s Promising Turnaround Efforts Suggest Blueprint for Legacy Apparel Retailers
July 02, 2024

Gap, a once-dominant force in American retail that has faced challenges in recent years, is undergoing a years-long effort to reclaim its position in a highly competitive market — a journey that serves as an indicator for how legacy apparel brands can hold their own...

B2B Payments
FleetUp and RoadFlex Create Integrated Fleet Expense Management Solution
July 02, 2024

FleetUp and RoadFlex have integrated their solutions to automate fleet expense management and fuel management, from data collection to reporting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Mashreq Launches API-Enabled Instant Payments for Corporate Clients in UAE
July 02, 2024

Mashreq has launched a new application programming interface (API)-enabled instant payment solution for its corporate and institutional clients in the United Arab Emirates (UAE). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Ridesharing
Uber to Add Boat Options in European Tourist Destinations
July 02, 2024

At a growing number of tourist destinations in Europe, getting an Uber may mean hopping onboard a boat. 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...

B2B Payments
How to Ride the B2B Payments Innovation Wave
July 02, 2024

B2B payments power trillions of dollars in annual payments flows. Much of those flows are handled via checks and other traditional processes that are riddled with pain points, redundancies and sunk time and costs. Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
BIS: Central Banks See Opportunities and Challenges From AI
July 02, 2024

Artificial intelligence is poised to transform the financial sector and broader economy, creating opportunities and risks that central banks must navigate carefully, according to a top official at the Bank for International Settlements. Get the Full Story Complete the form to unlock this article and...