U.K. banking giant Barclays is reportedly considering major changes to its payments operations. The bank has spoken with consultants to determine whether it should expand some of its payments businesses or merge them with other providers, Reuters reported Wednesday (June 7), citing unnamed sources. The review will include Barclays...
The fashion landscape has experienced an interesting transformation, breaking free from its association with discomfort and (as grim as this sounds) sacrifice. The comfort trend initially gained traction during the pandemic as people sought solace and ease while spending more time at home. Sweatpants, loungewear...
In its continued bid for relevancy, Victoria’s Secret has expanded its range of apparel on Amazon following a successful launch. This expansion aims to provide customers with access to a range of products, such as bras, underwear, sleepwear, swimwear and loungewear. By using its Amazon...
The age of the paper check is coming to an end in Australia. Amid a rapid shift to digital payments — the type of movement seen in a number of other countries — Australia aims to phase out the use of checks over the next...
The path to the chief financial officer seat is getting wider as the role’s responsibilities transform. Given the growing accountant shortage, this is a good thing, but it doesn’t mean the journey to helming the finance office is getting any easier. The day-to-day responsibilities of finance leaders are...
For all grocers’ efforts, their shoppers continue to favor brick-and-mortar channels by a huge margin, new PYMNTS research finds. By the Numbers Research from PYMNTS’ new study “Tracking the Digital Payments Takeover: Catching the Coming eCommerce Wave,” created in collaboration with Amazon Web Services, which draws...
Global logistics company Flexport has acquired Shopify Logistics, adding eCommerce fulfillment, B2B distribution and last-mile delivery to the company’s portfolio of services. The deal made Flexport the official Shopify Logistics Partner and preferred Shop Promise provider, enabling transparent shipping timelines, including two-day and next-day delivery options...
Many consumers like the idea of having all their banking products reside within the same financial institution, as long as banks and FIs can overcome some consumer worries. The topic is analyzed in “Bundled Banking Products: Matching Product Offerings With Customer Demand,” a PYMNTS and...
Worldpay from FIS and Volt have partnered to enable merchants to receive account-to-account (A2A) payments from consumers. The collaboration will bring together Worldpay’s strength as a merchant acquirer and Volt’s open banking payments infrastructure, FIS said in a Tuesday (June 6) press release. “Volt are a best-in-class technology provider with deep...
