News

Banking
UK Grocer Sainsbury’s Announces Plan to Exit Banking Business
January 18, 2024

British grocer Sainsbury’s is planning to slowly but surely phase out its banking business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Retail
Diebold Nixdorf Adds AI Tool to Combat Self-Checkout Shrinkage
January 18, 2024

Diebold Nixdorf, a provider of retail solutions, is launching a new artificial intelligence (AI)-based checkout solution to combat shrinkage in the retail industry.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
Prismatic Notches $22 Million to Ease B2B Software Integration
January 18, 2024

Prismatic, an embedded integration platform, has secured $22 million in Series B funding to drive innovation and simplify integrations for B2B Software-as-a-Service (SaaS) companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Payment Methods
Mid-Sized Companies Embrace Instant Methods for Non-Recurring Payments
January 18, 2024

Ad hoc payments are considered outside of recurring invoicing and check requests and can be processed in any payment method, directly to a bank account, in cash or via any form of instant payment system. Being the most common payment an average firm receives, by...

Security & Fraud
More Than 80% of Firms Struggle to Discover What Causes Failed Payments
January 18, 2024

Firms know that failed payments damage their reputation, lead to customer churn and increase staff workload. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Retail
Kim Kardashian Hints at Reboot of Fragrance and Makeup Brands
January 18, 2024

Television personality Kim Kardashian has made several ventures into the beauty and makeup market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Payment Methods
50% of Acquirers Prefer Merchants to Offer Installment Payment Options During Checkout
January 18, 2024

The use of split-pay plans is already widespread, and the last holiday shopping season was no exception, with consumers relying on different installment plans. The question of whether consumers will continue using these plans is already answered — they will — but another question has...

Payment Methods
Money Mobility Underpins the Ongoing Evolution of Commerce ‘Mini-Ecosystems’
January 18, 2024

Ingo Payments CEO Drew Edwards told Karen Webster in an interview that the incentive and technologies are there for forward-thinking companies and firms enabling money mobility (including Ingo) to create their own ecosystems and keep money flowing within them. Get the Full Story Complete the...

Artificial Intelligence
When It Comes to Customer Experiences, When AI Speaks, Businesses Listen
January 18, 2024

To paraphrase author and customer relationship pioneer Martha Rogers, your customers are the most valuable asset your company has. Without them, you don’t have a business. You have a hobby. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...