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...
America’s consumer protection watchdog says it’s monitoring the banking sector’s use of AI-powered chatbots. The Consumer Financial Protection Bureau (CFPB) said Tuesday (June 6) that it had gotten a number of complaints from customers frustrated by their interactions with banks’ artificial intelligence (AI), used to...
African FinTech Flutterwave has begun offering pay-by-bank transfers through a partnership with Token.io. “Our partnership with Token.io will make it even faster and easier for individuals and businesses to pay and receive money,” Flutterwave CEO Olugbenga “GB” Agboola said in a Tuesday (June 6) news...
Amsterdam-based B2B payments platform Sprinque has secured a 20-million-euro (about $21 million) debt facility. “We’re extremely happy to be able to share the good news for B2B merchants in Europe that operate across borders: We secured … debt facility from Avellinia Capital, which will allow us to finance...
As consumers seek more effective digital tools to discover new restaurants, many — especially younger generations — are increasingly trusting social platforms for recommendations. In an interview with PYMNTS, Uriel Maslansky, CEO and co-founder of Atly, a social media mapping platform that launched last week with $18...
