Turkey’s central bank is reportedly taking measures to protect the value of the country’s currency. The measures include asking banks to limit the amount of foreign currency they buy each day, Bloomberg reported Monday (April 17), citing unnamed sources. As a result, the lenders —...
Gen Z are a difficult group to predict. They love picking up their restaurant meals, both inside and curbside. They are most open to new ways to pay, but lag behind other age cohorts in everyday digital activities such as ordering those meals online. They...
Consumers’ and businesses’ use of Zelle increased about 30% year over year in the first quarter. The number of transactions completed using the peer-to-peer (P2P) payment service rose 29% to 639 million and the amount of money sent grew 31% to $180 billion, Early Warning...
Asda has launched what it calls the U.K’s largest driverless grocery delivery trial. The supermarket chain has teamed with autonomous vehicle technology startup Wayve to deliver groceries to customers using self-driving vehicles starting today, the companies announced in a news release Monday (April 17). The year-long trial — kicking off...
The dollar value of payments made by Same Day ACH have nearly doubled compared to a year ago. During the first quarter, the value of these same-day payments leapt about 95% year over year to $565.3 billion and the number of payments increased about 21%...
Restaurant customers expect higher discounts on delivery orders than any other kind, according to PYMNTS research. By the Numbers Findings from PYMNTS’ March study, “Connected Dining: Consumers Like the Taste of Discount Meals,” which drew from a survey of more than 1,800 U.S. consumers in...
The Apple/Goldman Sachs joint efforts to make inroads into consumer banking continue. And for Apple, the debut of a Goldman Sachs savings account — geared to Apple Card holders — is a bid to cement the ecosystem that takes the tech giant ever further afield...
Floodlight has raised $6.4 million in a seed round to expand its “smart business account for eCommerce.” The United Kingdom-based company’s account enables eCommerce small- to medium-sized businesses (SMBs) to manage their finances and gain financial insights through a single dashboard that connects the financial...
Lloyds Bank has debuted a service that lets businesses make one-off payments within minutes. “Through Lloyds Bank PayMe, businesses do not have to gather or manage account information or register one-off suppliers,” the U.K. lender said in a Monday (April 17) news release. “Once the...
