August 29, 2024
Trustly CRO Says Pay-by-Bank Solutions Benefit From Regulation and Shifting...

Within an open banking environment, advances like pay by bank are transforming money movement. At its core, pay by bank allows consumers to make payments directly from their bank accounts,...

August 29, 2024
75% of Companies Still Use Paper Checks Despite High Cost

In today’s business environment, effective payment methods are essential. Outdated payment systems can create cash flow challenges, while digital payments offer streamlined processing, enhanced operational efficiency and improved customer experience....

August 28, 2024
Paying for Alexa? Amazon’s Big Bet on AI-Powered Voice Services

Amazon’s is planning an artificial intelligence (AI) overhaul for Alexa. Set to launch in October, the upgrade will reportedly transform the free voice assistant into a paid subscription service, according...

August 28, 2024
Foot Locker’s Strategic Overhaul Shows Early Success in Q2

In a pivotal moment for Foot Locker, the company’s second-quarter results point to the early success of its ambitious Lace Up Plan, which comprises initiatives to enhance its digital business,...

August 28, 2024
CFPB Seeks Developers’ Comments on Apple’s Rules on Tap-to-Pay Access

The Consumer Financial Protection Bureau (CFPB) is seeking public comment on Apple’s recently announced rules governing how financial companies and app developers offer tap-to-pay functionality on its devices. “The CFPB is working...

August 28, 2024
Sephora Offers Paze Online Checkout to Loyalty Members

Early Warning Services has made its Paze online checkout available to Sephora’s loyalty program members. The checkout option — offered by participating banks and credit unions — is now available...

August 28, 2024
Beyond the Form Factor: The Story of Digital Wallets Is...

There have been some significant milestones so far in the development of the digital wallet. Its early days track back to 2003 with the debut of Alipay in China, with...

August 28, 2024
82% of Merchants Don’t Have the Data to Pinpoint Why...

In an era where flawless transactions are critical for customer loyalty, merchants are adopting payment vaulting not just for security, but as a strategic tool to enhance retention, reduce costs...

August 27, 2024
Digital Transactions Now 37% of Nordstrom’s Total Sales, CEO Says

Digital sales are climbing steadily at Nordstrom, and displaying a consistent upward trajectory. During the company’s second-quarter earnings call Tuesday (Aug. 27), CEO Erik Nordstrom said digital sales increased 6.2%, accounting...