August 22, 2023
Etsy Inches Toward Diversified Offerings to Get Consumers to Spend
When you think of Etsy, what comes to mind? Probably arts and crafts and unique finds, right? This is a perception that Etsy has been grappling with lately as it...
August 22, 2023
Neches Credit Union Picks PSCU For Credit Card Support
Neches Federal Credit Union has picked PSCU for credit card processing services and support. PSCU, a credit union service organization, announced the partnership in a news release provided to PYMNTS Tuesday (Aug. 22)....
August 22, 2023
Bankman-Fried Survives on ‘Bread and Water,’ Pleads ‘Not Guilty’ to...
FTX founder Sam Bankman-Fried is reportedly surviving on “bread and water” in jail as he awaits trial. That’s according to the accused cryptocurrency fraudster’s attorney, who asked a judge during a hearing...
August 22, 2023
Getir Cuts 11% of Workforce as Ultrafast Delivery Slows
Grocery delivery service Getir will lay off 2,500 workers to “increase operational efficiency.” The Turkish company announced the job cuts — which amount to a nearly 11% reduction of its workforce —...
August 22, 2023
Everyday Retail Is Taking a Page From Luxury’s Playbook to...
The luxury retail market is an economic powerhouse, valued at $272 billion in 2022 and an expected value of $392 billion by 2030. This diverse segment traditionally includes apparel, footwear,...
August 22, 2023
Commercial Card Adoption Poised to Rise as Acceptance Costs Decrease
Commercial card adoption, long sidelined by businesses because of cost concerns, is experiencing a renewed interest in business-to-business (B2B) transactions. The primary drivers of this change in outlook include today’s...
August 22, 2023
Nearly 60% of Consumers View Mobile Phones and Laptops as...
Despite the growing perception that smartphones provide more security online, most banking consumers said they think smartphones and computers are equally secure for several select online financial activities. In the...
August 22, 2023
Working Capital Innovations Give Travel Sector Flexible Financing Tailwinds
Demand for travel has taken flight this summer, with record-breaking numbers of people planning trips. This seasonal surge in sunny escapism is not just limited to leisure travel; business travel is also...
August 21, 2023
Gen Z Consumers Most Likely to Use Aggregators for Discovery
Consumers overall may typically already know where they are going to order when they open their delivery app, but younger consumers are more open to new restaurants. By the Numbers...