News

Payments Innovation
Corporates Shift Mindset Back to Growth
April 25, 2024

Inflation, inflation and inflation. The drum beat has defined the past year in the financial services business and reached a crescendo in the first quarter. But, according to payments orchestration solution provider Spreedly, which sees $50 billion in gross transaction volumes on its platform, a successful payments strategy can meet consumers where they are, as companies...

Banking
Report: FDIC Seeking Buyers for Republic First Bancorp
April 24, 2024

The Federal Deposit Insurance Corp. (FDIC) is reportedly in talks with potential buyers for Republic First Bancorp., a Philadelphia regional bank that does business as Republic Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fintech Investments
Stripe Co-Founders Say They’re Building ‘Software-Defined Financial Services’
April 24, 2024

Today’s customers of the FinTech industry are no longer asking just for ways to accept online payments; they’re asking for “software-defined financial services.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Tech-Enabled Solutions Put the Brakes on Returns Fraud
April 24, 2024

An integral aspect of the retail cycle, returns have surged in recent years with the growth of online channels. However, accompanying this increase in returns is a concerning trend: the escalation of returns fraud and policy abuse. Get the Full Story Complete the form to...

Artificial Intelligence
UK Set to Revise AI Oversight Amid Big Tech Data Boom
April 24, 2024

The head of the U.K.’s financial regulator announced plans to explore how big tech companies’ access to extensive data might lead to improved financial products and more options for consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
As British Regulators Scrutinize Microsoft and Amazon AI Deals, Industry Braces for Impact
April 24, 2024

British antitrust authorities are soliciting opinions on the implications of partnerships between tech giants Microsoft and Amazon and smaller generative artificial intelligence (AI) model developers amid growing concerns about competition and innovation in the sector. Get the Full Story Complete the form to unlock this article and...

Retail
Walmart Investors Expect Stiffer Competition in Grocery Sector From Amazon
April 24, 2024

Investors reportedly expect increased competition in the grocery sector after Amazon’s announcement Tuesday (April 23) of a new grocery delivery subscription benefit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Online Shoppers Are Starting to See Amazon as a Fashion Destination
April 24, 2024

As consumers look to buy clothing online, PYMNTS Intelligence research reveals that digital shoppers are increasingly turning to Amazon to meet their apparel needs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Parents Are Buying Their Kids Experiences, Not Toys
April 24, 2024

Toy and game companies are seeing sales declines, as parents opt to spend on making memories for their children rather than on new products for them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...