December 03, 2023
Chinese Borrowers Barred From Mobile Payments Amid Record Defaults
Millions of Chinese consumers have been barred from mobile payment apps amid record defaults. More than 8.5 million people, mostly between 18 and 59, have found themselves blacklisted due to missing...
November 28, 2023
Visa: Americans Keep Traveling Despite Rising Costs
Rising costs haven’t stamped out the travel bug for Americans, a new Visa survey shows. The new edition of the Visa Global Travel Intentions Study, released Tuesday (Nov. 28), shows that while...
November 24, 2023
Biometrics May Be Online Retail’s Ticket to More Sales
Retailers are leveraging innovative solutions, such as biometrics, to enhance convenience, security and personalized services in their day-to-day business. Biometrics systems are gaining popularity as an authentication method for more...
November 22, 2023
OVG Hospitality President: Consumers Demand Familiar Payment Tech at Live...
As consumers increasingly rely on digital and self-checkout in their day-to-day lives, OVG Hospitality is seeing live event attendees demand more frictionless foodservice ordering and payment technologies in venues. In...
November 20, 2023
Mastercard Joint Venture Gets Approval for Domestic Bank Card Clearing...
A Mastercard joint venture (JV) entity received formal approval from the People’s Bank of China (PBOC) and the National Administration of Financial Regulation (NAFR) to begin domestic bank card clearing...
November 10, 2023
1 in 3 Hospitality Workers Willing to Pay for Instant...
As restaurants and others in the hospitality space look for ways to boost retention, PYMNTS Intelligence reveals that instant tip payouts can go a long way — so much so,...
November 06, 2023
Grab Enables In-App Cashless Payments Via FinTech MoMo
Vietnamese FinTech MoMo is integrating its payment solution into Grab, the companies announced in a Thursday (Oct. 31) press release. MoMo users who want to pay on the Grab app...
November 03, 2023
DraftKings’ Customer-Centric Strategy Avoids Mention of Any Specific Digital Innovations
It’s football season, and that is good news for sports betting company DraftKings. The gaming platform’s third quarter 2023 earnings results saw a 57% increase in year over year revenue,...
October 24, 2023
The Convenience of Instant Tips Keeps Restaurant Employees Happy
As restaurants look for ways to retain their employees, the convenience of instant tip payouts can go a long way toward driving hospitality worker satisfaction. By the Numbers The study...