As consumers’ eCommerce activity grows, so does their use of digital payment methods. Merchants looking to boost engagement can offer these payment options to maximize conversions. Of all digital payment methods, PayPal, Apple Pay and Venmo are currently the three most used in the United...
The United Kingdom’s Competition and Markets Authority (CMA) said Friday (Nov. 3) that Meta has made commitments to not use its advertising customers’ data. These commitments aim to protect businesses and consumers from any unfair competitive advantage that Meta may have, which could distort competition...
With technology increasing the risk of bank runs, central banks must ensure that banks maintain appropriate liquidity insurance. So said Andrew Hauser, executive director for markets at the Bank of England, during a Friday (Nov. 3) speech at King’s College London. As an example of...
Starbucks is adding two new rewards partners to grow loyalty engagement and reach new customers. The world’s largest restaurant chain by revenue shared in its 2023 Reinvention Update and Holiday Launch presentation Thursday (Nov. 2) how, following its loyalty partnership with Delta, the company is...
Consumers in different countries go for a diverse mix of shopping features, ranging from coupons and rewards to free shipping, availability of buy now, pay later (BNPL), or refunds in digital purchases. Of all of them, payment choice has remained the most important shopping feature...
I’m feeling flush. I got an email last Saturday from Shop that I had $43.40 in my Shop wallet to spend on the app. This was news to me, since I never knew I had one. But now I have one that Shop created for...
Earnings season is in full swing, and has given several names in the FinTech IPO Index a boost. Through the past five days, the index surged 6%. NerdWallet shares soared 67%. The company said last week that revenues of $153 million were up 7% year...
Consumers are increasingly embracing the immediacy and transparency offered by real-time payments. And the migration to ISO 20022, a new global standard for secure and efficient messaging between financial institutions (FIs), is expected to further accelerate this trend. When it comes to benefits, real-time payments...
This week, Walmart Canada introduced a new offering, allowing its customers to opt for an interest-free buy now, pay later (BNPL) payment method, which is powered by Klarna. Shoppers visiting Walmart.ca and using the Walmart Canada and Klarna mobile apps can now enjoy increased payment...