The latest official data from the United States government gives a nod to the fact that U.S. consumer spending on grocery products remains buoyant. The resilience will likely give new impetus for Amazon and Walmart to reinforce their efforts to capture more mindshare and wallet...
The questions without easy answers are the ones that keep finance leaders up at night. And no question is perhaps more responsible for CFO insomnia than the ever-present question of “When will I get paid?” That’s because payment timing depends on a myriad of factors,...
The Internal Revenue Service (IRS) has placed a moratorium on processing new claims for the Employee Retention Credit (ERC), a pandemic-era relief program, aiming to prevent a recurrence of the sort of fraud that happened around the Paycheck Protection Program (PPP). This decision comes in response to growing concerns about the...
BigTime Software, an operating platform for professional services organizations, has partnered with BlueSnap, a global payment orchestration platform, to bring online payment and financial management capabilities to its customers in Canada. This partnership aims to accelerate cash flow, streamline accounts receivable processes, and provide efficient online...
As artificial intelligence (AI) becomes a larger part of consumers’ day-to-day lives, many are leveraging the technology to figure out what food they are in the mood for. By the Numbers The latest installment of PYMNTS’ “Consumer Inflation Sentiment Report,” titled “Consumers Know What AI...
Around the world, brands have been addressing cost challenges by quietly reducing the amount of product per purchase — a move that can lose shoppers’ trust — and now Carrefour is firing back. The French grocer has been adding signs informing shoppers about which brands...
The Consumer Financial Protection Bureau (CFPB) is looking into, and warning students about, the risks faced by students when entering into agreements with colleges for tuition payment plans. The regulator has released a report focused on these plans and the practices of school-based lenders. It will also continue gathering...
Citi Treasury and Trade Solutions has unveiled a suite of payment solutions tailored for financial institutions (FIs), aiming to help them enhance their client experience. The four new functionalities are designed to broaden and improve the offerings of FIs, making it easier for them to provide...
Fipto, a French treasury management FinTech, has secured 15 million euros ($16 million) in seed funding to enhance its platform. The platform allows companies to efficiently manage their corporate treasury and conduct international payments using both fiat and digital currencies, all powered by blockchain technology,...
