News

Faster Payments
Dapi and Mastercard Partner to Provide A2A Payments in UAE
June 01, 2023

Dapi and Mastercard have partnered to provide account-to-account (A2A) payments in the United Arab Emirates (UAE). 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...

Delivery
Instacart Takes on DashMart With Aldi Digital C-Store Partnership
June 01, 2023

Instacart is working with discount grocer Aldi on 30-minute delivery of convenience store goods, a move that could boost the grocery aggregator’s competitive position in the category relative to competitors in the space such as DoorDash and Uber Eats. Get the Full Story Complete the...

CFPB
CFPB Advises Consumers to Move From Payment Apps to Insured Accounts
June 01, 2023

The Consumer Financial Protection Bureau (CFPB) has advised consumers to transfer money stored on payment apps to insured banks and credit unions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Macy’s Navigates Weak Consumer Demand, Continues Deep Discounts
June 01, 2023

Earlier, PYMNTS reported that the summer of markdowns is here as Macy’s (along with Dollar General) struggled with declining consumer demand. The retailer has now revised its annual sales and profit forecasts downward, citing a deceleration in demand caused by inflation as the primary factor....

Retail
Trader Joe’s Embraces Digital Scarcity Amid Grocery’s eCommerce Rush 
June 01, 2023

As many brands race to become as digitally available as possible, Trader Joe’s is going the opposite route, leaning into its lack of eCommerce presence to set the shopping experience apart. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Faster Payments
Adyen Launches Payout Services to Provide Faster Global Payments
June 01, 2023

Adyen, the financial technology platform that powers the likes of Facebook, Uber, H&M, eBay, and Microsoft, has launched its Payout Services. This offering allows Adyen customers to payout acquired funds in the preferred method of their affiliated users or partners up to three days faster....

Cross Border Commerce
New World of Global Trade Set to Affect Cross-Border Commerce
June 01, 2023

Smaller merchants may need more help navigating the new rules than ever before. 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....

B2B Payments
AvidXchange Adds Lien Waiver Management Feature for Construction Industry
June 01, 2023

AvidXchange has added a Lien Waiver Management feature for the construction industry. 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 this form,...

Artificial Intelligence
Generative AI Is Evolving Embedded Finance by Accelerating Easy Wins
June 01, 2023

The digitization of everyday life is transforming nearly every consumer touchpoint, particularly payments. 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....