The data show that 20% of individuals have overdrawn their accounts in the past year as they grapple with the demands of inflation, of timing cash flows with their monthly bills and everyday spend. Non-sufficiency of funds, of course, can lead to a negative impact...
In today’s digital age, money talks in bytes, not bills. And PYMNTS has been closely tracking the “What’s Next” in digital payment trends as money movement increasingly evolves from greenbacks to screen taps. That’s because traditional and legacy payment systems are primed for an upgrade...
In convenience stores’ ongoing push to gain share from quick-service restaurants (QSRs), Casey’s General Stores is turning to voice ordering technology. The convenience retailer, which has more than 2,500 locations, announced Wednesday (Sep. 6) that it is rolling out a conversational artificial intelligence (AI) from...
From fashion to advertising and beyond, companies increasingly recognize the importance of representing a diverse range of body types, skin tones and backgrounds in their marketing and products. This shift toward inclusivity is a response to societal changes and a strategic move to engage a...
For generations, supermarkets have played a fundamental role in our daily routines, serving as a convenient destination to find all our grocery and household needs in one place. These retail juggernauts have consistently transformed themselves to align with shifting consumer tastes and market dynamics. One...
Turnover among part-time employees in the retail industry has reportedly skyrocketed since the pandemic. Before 2020, the turnover rate stood at around 75%. Since then, the rate has leaped to 95%, Bloomberg reported Friday (Sept. 7), citing data from Korn Ferry. The report attributed the...
Generative artificial intelligence (AI) is a tool — not a sentient sci-fi creature. But as the tool becomes increasingly commercialized across today’s operating landscape, and increasingly integrated into the workflows and outputs of various sectors, the risk that AI might run afoul of existing technology...
Earnings season has trailed off — and now come the headlines focused on technology, partnerships and entry into new markets as FinTechs continue to try and disrupt everything from lending to embedded payments. To that end, the FinTech IPO Index was down 0.9% in a...
The banking industry remained resilient while encountering a mix of challenges and positive developments in the second quarter, according to the Federal Deposit Insurance Corporation (FDIC). Despite a decrease in net income from the previous quarter, the industry maintained stable asset quality metrics and strong...