The vacancy rate at malls around the country hit 8.6 percent in the second quarter, marking the highest level since back in 2012 when the U.S. was crawling out of the last recession. Get the Full Story Complete the form to unlock this article and...
A new study commissioned by the New York City Taxi and Limousine Commission found that drivers for Uber and Lyft should get a raise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The majority of Americans don’t dedicate much time to routine access to financial services. About 77 percent of American adults are able to have all of their financial service needs met by the mainstream market – in fact, those providers compete for their business. Get...
The rise of eCommerce, and the fierce competition it has produced among merchants, has led to return policies that are liberal, inexpensive and nearly hassle-free for consumers. Those unwanted products, in turn, can create headaches for retailers — and a business opportunity for the so-called...
Across the U.S., there are 5,757 credit unions with 103.992 million members – and it’s been reported by the Credit Union National Association (CUNA) that roughly 45.4 percent of the nation’s financially active adult population receives some financial services from a credit union. Get the Full Story Complete the form to...
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Monzo, the digital bank in the U.K., could reach 1 million users in a matter of months, according to a report in Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Welcome to Five at Five, your daily look at the freshest payments and commerce news. Coverage includes the latest on Facebook’s data-sharing policies, along with a deal that could shake up the procurement world. Meanwhile, the U.K. moves toward more payment consolidation, major retailers eye...
It’s a common story in urban areas: Cabs do not properly serve low-income and minority areas, leaving residents to the uncertainties of public transit — assuming there is some — or to their own devices. But can Lyft, Uber and other ridesharing services remedy that? Get the...
