Consumer confidence seems to have returned in a big way in May as retail sales soared to their highest level since November 2017, according to news from The Wall Street Journal. All in, sales were up .8 percent from a month earlier to $502 billion,...
Millennials are a force to be reckoned with, as they are made up of approximately 90 million individuals with significant spending power: By 2030, their aggregate annual income is projected to be more than $4 trillion. And though this market presents brands with a large...
This summer, Chase will be letting Chase Freedom cardholders earn cash back in three new quarterly categories: gas stations, Lyft, and Walgreens. Card members will be able to earn 5 percent cash back on up to $1,500 in purchases across all categories between July 1...
As the retail space categorically struggles to figure out what to do about the brick-and-mortar problem, one vertical isn’t experiencing a problem at all. Physical retail has proven an effective tool for health and beauty brands in recent years, even as other verticals struggle to...
Amazon has had a very good year on the market, its stock price up 46 percent year on year, something that doubtlessly pleases those who have invested. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
While Sweden’s Truecaller is not new to the Indian payments ecosystem, it entered the India mobile market over a year ago during the launch of the nation’s Unified Payments Interface (UPI). With the announcement of its wholesale acquisition of Indian payments startup Chillr, it is leveling up...
Tight regulations around the legal marijuana industry are barring non-wealthy entrepreneurs from entering the market, according to reports from Forbes on Wednesday (June 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Corporate travel firm Sabre is introducing virtual payments to its platform. 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...
Identity theft is an unfortunately reality for more consumers as data breaches continue to rock the market. Research from Auriemma Consulting Group estimates that identity theft has cost banks at least $6 billion, and cost consumers $58.9 million, in 2016 alone. According to the Internet...