Conventional wisdom might hold that the great digital shift has shaken up banking, spurring financial institutions to innovate and push new offerings through digital channels. Tom Priore, CEO of Priority Technology Holdings, told PYMNTS that not much has changed, at least for now. But the rise...
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...
Encyclopaedia Britannica Inc. is reportedly aiming for a valuation of about $1 billion in its previously announced initial public offering (IPO). The education technology company and publisher may launch its IPO as early as June, Bloomberg reported Monday (March 18), citing unnamed sources. The company is working with...
Biometric technologies have garnered increasing attention and adoption in recent years, transforming the authentication and digital identification landscape across various industries. From fingerprint scans to facial recognition and iris scanning to pay-by-hand, unique biometric identifiers offer a reliable and secure means of verifying identity, resulting in a more robust form...
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.” ...
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. In an interview with PYMNTS, Fuad Hannon, the aggregator’s senior manager of new verticals, noted that the...
FashionGo has launched a net terms solution for buyers on its online B2B wholesale marketplace for the fashion industry. The new Dynamic Net Terms solution is tailored to meet the needs of wholesale buyers — a segment that is traditionally underserved — and offers dynamic net terms and...
With many consumers accustomed to the convenience of eCommerce, a significant portion of retail shoppers are engaging exclusively via digital channels, PYMNTS Intelligence finds. By the Numbers The report “Consumer Interest in an Everyday App,” a PYMNTS Intelligence and PayPal collaboration, draws from a survey of more...
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. Nacha introduced new rules Monday (March 18) that create a “base level of ACH monitoring for all parties in the ACH Network”...