Walmart has implemented its designated hours, known as “sensory-friendly hours,” for patrons across its entire U.S. network of stores. Per the company’s announcement, between 8 and 10 a.m. local time, Walmart will replace the dynamic content on its TV walls with a static image. Additionally,...
Banks that use payment app Zelle have reportedly started refunding customers victimized in imposter scams. According to a Monday (Nov. 13) report by Reuters, Zelle operator Early Warning Services (EWS) says the 2,100 firms on Zelle began in late June reimbursing customers tricked into sending money to crooks claiming to represent...
Historical resistance to change In multiple ways, the legal industry is inherently resistant to disruptive change: It is bound by long-established ethical considerations, the sensitive nature of its work and a sophisticated lattice of rules and regulations. These factors have collectively served as a barrier...
Alan Koenigsberg, senior vice president and global head of large, middle market, treasury and working capital solutions at Visa, took note of the rapid shifts in payments and finance during an interview with Karen Webster. “If you feel a bit breathless, I think the whole...
In this environment of “higher for longer” interest rates, chief financial officers recognize the need to prioritize payments innovation. As Bank of America Head of Global Payments in Global Transaction Services AJ McCray told Karen Webster, to improve cross-border transactions, they need to prioritize payments...
Who doesn’t love a free sample? Enthusiasm for freebies has made them a marketing tool long-loved by retailers and brands, but are they truly effective? As a tool to get your product out to the masses, it’s an approach designed to cast a wide...
The pain of using checks in B2B transactions is now starkly apparent. Sezzle CEO Charlie Youakim told Karen Webster that buyers and suppliers are actively looking to replace the paper check with digital conduits that get payments done more quickly — and in a cost-effective...
America’s banks are in a steadier place than they were in 2008. But according to a recent Federal Reserve report, that doesn’t mean they’re completely healthy. Writing on the Liberty Street Economics blog last week, the Federal Reserve Bank of New York noted that this year’s banking crisis...
Digital banking solutions provider Alkami is offering clients access to Plaid’s application programming interface (API). The new offering, announced Thursday (Nov. 9) lets Alkami’s financial institution (FI) clients benefit from the API from Plaid, whose data network that powers more than 8,000 financial services and apps. “This is a first-to-market...
