The conventional wisdom of online commerce is that payments should be invisible, and merchants should offer their shoppers as many payment options as possible. In an interview with PYMNTS, Nicky Schardt, director of product, customer experience at Spreedly, said merchants should take those assumptions with...
Today, consumers demand a convenient and hassle-free checkout experience, whether online or in-store. In Europe, that means that physical retailers need to offer whichever contactless payment methods are popular in their local market, either NFC or QR code based. For online stores, there are even...
In Lyft’s Q2 results, the ride-share company saw profits rising as demand surged due to continued reopenings of the economy after the pandemic, a company release said. The company also said it had seen more drivers signing up as people need money with the rising...
Time to leave the passwords behind. Consumers are leaning that way — and would be happy to abandon that age-old, friction-filled relic that traces its genesis to the dawn of the Internet. The latest edition of The Digital Fraud Tracker found that a majority of individuals would...
One of the ways that eCommerce has changed the retail landscape is that it has made it possible for brands and consumers from different corners of the globe to connect over the internet. Thanks to online marketplaces and global logistics networks, digital shoppers now have...
Today in B2B payments, FLEETCOR adds Accrualify to continue diversifying its portfolio, while the digital B2B payments shift comes to Wall Street with the Plastiq SPAC deal with Colonnade Acquisition Corp. II. Plus, consumer convenience comes to B2B payments through the addition of embedded finance,...
Goldman Sachs said Thursday (Aug. 4) it is cooperating with an investigation by the Consumer Financial Protection Bureau (CFPB) into its credit card business. In a regulatory filing Thursday, the investment banker said the CFPB probe was looking at Goldman’s “credit card account management practices,...
Earnings are rolling in, and for the FinTech IPO group, a relief rally may be in the works. To that end, the FinTech IPO Index was up 8.8% on the week, driven by double-digit percentage point gains for several names tracked by PYMNTS. Just a...
Digital-first home healthcare company Cera has raised $320 million in equity and debt funding, which will allow the London-based company to expand its tech-enabled health services from 15,000 to 100,000 at-home patients per day. Existing investor Kairos HQ led Cera’s fundraising effort, which also saw...