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...
The subscription economy is a major driver in the rise of payment credentials vaults, as are recurring payments writ large, and more consumers are interested in this form of storage. As we learned in the PYMNTS study “Consumer Interest in Credentials Vaults,” based on a...
Modern Treasury has expanded its Reconciliation Engine designed for businesses with high-volume, complex funds flows. The newly enhanced offering automates and simplifies cash reconciliation for lenders, insurance companies, payroll providers, software companies, healthcare and Health Savings Account (HSA) providers, investment platforms and marketplaces, the provider...
NCR has been hit by a ransomware attack that is affecting the capabilities of some restaurants. The incident was discovered Thursday (April 13), caused a single data center outage and has impacted the company’s Aloha point-of-sale (POS) system for restaurants and its Counterpoint retail management system,...
The U.S. Congress is looking to bring stablecoins deeper into the regulatory fold. And potentially the broader global financial system. A new 73-page draft bill, published Saturday (April 15) by the U.S. House Financial Services Committee is proposing that the Federal Reserve’s board of governors...
Liberty Bank has launched a digital bank designed for small business owners. The new Owners Bank is initially available in Rhode Island, Massachusetts, Connecticut and Pennsylvania and will later launch nationally, the Connecticut-based independent mutual bank said in a Monday (April 17) press release. “Big banks often fall short...