News

Payments Innovation
New Study Shows Big Gap Between Open Banking Interest and Use
March 19, 2024

Open banking payments appeal to consumers. Nearly half of respondents in PYMNTS Intelligence’s latest study are highly willing to use them for at least one type of expense, including monthly bills, groceries or subscriptions. These payments offer a secure and convenient way to pay merchants...

IPO
Report: Encyclopaedia Britannica Considering June IPO, $1 Billion Valuation
March 18, 2024

Encyclopaedia Britannica Inc. is reportedly aiming for a valuation of about $1 billion in its previously announced initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Biometrics
Biometrics Streamline Age-Sensitive Transactions as Privacy Concerns Persist
March 18, 2024

Biometric technologies have garnered increasing attention and adoption in recent years, transforming the authentication and digital identification landscape across various industries.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

eCommerce
Amazon, FedEx Explored Enhancing Return Process for Online Shoppers
March 18, 2024

For years, the working relationship between Amazon and FedEx has been a little unpredictable. Once, the two corporate behemoths enjoyed a symbiotic partnership, but in 2019, they drifted apart, eventually cutting ties altogether in what one Amazon executive labeled a “conscious uncoupling at its finest.” ...

Retail
DoorDash Says Consumers’ Instant Demand Now Includes Beauty Products
March 18, 2024

As DoorDash aims to shift its focus from just restaurant delivery to on-demand fulfillment overall, the aggregator is expanding its beauty selection to drive adoption of its non-consumable offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
FashionGo Adds Net Terms Solution to B2B Marketplace
March 18, 2024

FashionGo has launched a net terms solution for buyers on its online B2B wholesale marketplace for the fashion industry. 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...

Retail
39% of Retail Shoppers Stick to Digital
March 18, 2024

With many consumers accustomed to the convenience of eCommerce, a significant portion of retail shoppers are engaging exclusively via digital channels, PYMNTS Intelligence finds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
New Nacha Fraud Rules Highlight Utility of AI
March 18, 2024

For financial institutions and stakeholders, the twin threats of business email compromise (BEC) and credit-push fraud demand more monitoring — and advanced technologies to do so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Loyalty & Rewards
Loyalty Apps Leverage Open Banking to Help Consumers Save More, Spend Smarter 
March 18, 2024

Despite a recent decrease in inflation rates, consumers remain cautious in their spending habits, wary of the economic uncertainties ahead.  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...