PYMNTS AM Radar: IPO Delivered; Digital Credentials; Paycheck to Paycheck; Surcharges No Problem; ICYMI

pymnts AM radar, digital credentials, spending, shopping, surcharges, payments, point of sale,

It’s Thursday, May 12, and the Supreme Court is meeting for the first time today since a draft opinion was leaked about overturning Roe v. Wade. Dow Jones futures are down, bitcoin is plummeting, and five years ago the WannaCry ransomware infiltrated companies around the world. Here’s what else should be on your radar this morning.

IPO Delivered: Grocery delivery platform Instacart is going public and confidently filed a draft registration statement with the Security and Exchange Commission (SEC) for an initial public offering (IPO). The company could list before the year closes. READ MORE

Digital Credentials: Connecting the digital pieces and making credentialing secure is top of mind, Bill Ready, president of Commerce at Google, told PYMNTS. Fluidity between physical and digital storefronts can boost conversions with embedded one-click checkout at the point of sale. READ MORE

Paycheck to Paycheck: Paycheck to paycheck is the way most people live and it’s a “misnomer to think it’s just about lower-income Americans,” Anuj Nayar, financial health officer at LendingClub, told PYMNTS. Research from LendingClub and PYMNTS shows that over 60% of U.S. households survive paycheck to paycheck, which is about the pre-pandemic level. READ MORE

Surcharges No Problem: When faced with a surcharge, 85% of credit card holders agreed to pay at the point of sale. The report Credit Card Surcharges: What Merchants Can Do To Maximize Income, a PYMNTS and Payroc collaboration, shows how merchants can maximize their benefits and limit the customer fallout from the card surcharges. READ MORE

ICYMI: Google is launching a tool to let people remove their personally identifying information from searches. The effort is to make users feel safer online and have more control over where their information can be found. The new tool enables users to easily delete search results that are too personal. READ MORE