Today in PYMNTS data, employees are stealing tens of billions from their employers every year, earnings reports show growth for tech and payments firms, business-to-consumer (B2C) subscription offerings are on the rise, Visa’s Everywhere Initiative is expanding and Hyperledger’s blockchain consortia is adding new members....
Today in PYMNTS data, businesses spend trillions on travel without knowing where the money goes, Nigeria’s digital identity program will cost millions more than expected and artificial intelligence (AI)-powered chatbots are changing how consumers interact with banks. In addition, auto leasing transactions are getting a...
Today in PYMNTS data, unbanked adults may be able to use their smartphones to verify accounts, the Royal Bank of Scotland posted profits for the first time in 10 years, alcohol-infused candies are making mouths water, smartphones’ proliferation is increasing and accounts payable (AP) transactions...
Today in PYMNTS data, the digital food delivery industry is growing every day, firms are using venture capital funding to expand B2B virtual card solutions, mobile apps are helping ease financing issues in auto purchasing and consumers have spoken: Omnichannel readiness features are not all...
Today in PYMNTS data, Domino’s impressed in its Q4 earnings report, Amazon’s Alexa may soon get some additional artificial intelligence (AI)-powered skills, data breaches are more prevalent than people think, digital coupons are important to digitally savvy consumers and Walmart’s stock dip raises eyebrows. Get...
Today in PYMNTS data, trade finance gaps left by traditional banks are highlighting deeper underlying issues, millennials are texting more than ever — sometimes with the brands they love — loyalty program customers report they change their spending for well-run rewards offerings, digital checkout speeds...
Today in PYMNTS data, the business-to-business (B2B) payments market is growing in valuation, self-service vending machines are easing customer complaints at the Sacramento Department of Motor Vehicles (DMV), business exposure to cross-border suppliers and service providers is on the rise, Russian nationals are under indictment...
Today in PYMNTS data, Mexican eCommerce is on the rise despite 90 percent of its population preferring to make payments using cash, blockchain technologies are seeing bigger investments and more interest, small business lenders are reaching new funding capacities, venture capital (VC) is going to...
Today in PYMNTS data, finance professionals are using artificial intelligence (AI) in the workplace, payment speeds have varying impacts on different-sized businesses, Snap shares officially snapped their losing streak, faster payment schemes are on the rise worldwide and crowdfunding platform fees could soon be a...
