B2B payments company Boost Payment Solutions has launched a platform designed to optimize card-based payments for medium- to large-sized enterprises. Called Boost 100, this new solution aims to digitize and automate accounts payable (AP) processes, optimize working capital, and provide control and flexibility over card spend,...
“Orchestration remains a hot topic in the payments world,” said Nathan Salisbury, managing director of Worldline Payment Orchestration. As merchants continue to define and fine-tune their payments strategies, navigating the complexities of multiple provider relationships in each market becomes unwieldy. Salisbury told PYMNTS in an...
Installment plans have emerged as a popular payment method, offering consumers the flexibility to pay for their purchases over time, rather than upfront. This enables them to manage their finances more effectively and avoid accumulating credit card debt. According to a recent study conducted by PYMNTS Intelligence,...
As supermarkets look to provide one-stop shopping, Wegmans is pushing beyond the typical grocery format to open a hybrid supermarket/food hall in New York City. According to Time Out New York, the new Manhattan location, set to open Wednesday (Oct. 18), will be set up...
With the rise of digital transactions and online services, fraud has become an increasing concern for both consumers and businesses. In March 2023, for example, 11% of consumers who paid for groceries encountered payment fraud, marking an 88% increase since December 2021. This is one...
Instacart has reportedly garnered positive reviews from Wall Street analysts following its IPO. As Bloomberg News reported Monday (Oct. 16), the online grocery delivery firm — which went public with an initial public offering (IPO) last month — has exited the “quiet period” for analysts that took part in its...
Spotify said it doesn’t want music fans to have to wait for new artist merchandise. The streaming audio platform announced Monday (Oct. 16) that it was adding a dedicated “Merch Hub” to its app to make it easier for listeners to browse and shop for productions from...
There’s the ambition, and then there’s the reality. For Goldman Sachs, the retreat from consumer-focused, Main Street-financial services continues — evidence of just how bumpy a road can be in building out new business lines that promised to digitize and modernize lending and payments. The...
Amid a crowded digital ad space, brands are embracing an analog marketing tactic: free samples. As Bloomberg News reported Monday (Oct. 16), a growing number of retailers are employing this method to entice consumers. The report gives the example of Walmart, which has been holding weekend demonstrations with...
