- January 29, 2024
Automation of business processes among small and medium-sized businesses (SMBs) is traditionally behind the level of adoption shown by larger companies that have more economic and technological resources to allocate ...
- January 29, 2024
America’s credit card companies ended December with delinquencies and charge-off rates essentially unchanged from November.
And as a Monday (Jan. 29) Seeking Alpha report notes, the average rates of charge-offs and ...
- January 26, 2024
The enthusiasm to tap into credit lines and to spend on experiences continues unabated — and has been illuminated in stark relief by the latest earnings report from American Express.
Materials ...
- January 23, 2024
Valentine’s Day is almost here. Want to buy your sweetheart that special something they’ve been eyeing, but need a financial boost? PYMNTS is here to help with our latest edition ...
- January 18, 2024
The integration of digital technologies, data networks and smart devices within the university ecosystem is transforming campuses into connected entities.
And amid this transformative shift there is a pressing need to ...
- January 10, 2024
Debit card users in nearly a dozen states have been granted the ability to pursue class-action claims against American Express.
This follows a Tuesday (Jan. 9) ruling by U.S. District Judge Nicholas Garaufis, ...
- January 4, 2024
The CE 100 Index soared in 2023, largely on the wings of widespread rallies among banking and buy now, pay later (BNPL) names, up double digit and, in some cases, ...
- December 29, 2023
More than 90% of mid-sized firms — those annually generating $3.5 million to $15 million in revenue — that plan to further automate their accounts payable (AP) and accounts receivable ...
- December 21, 2023
Surpassing all expectations, consumers turned up in record numbers for this year’s Black Friday weekend, the traditional kickoff to the holiday shopping season in the United States. The five-day weekend, ...
- December 20, 2023
The year is 2023, almost 2024, and we are decidedly in the digital era.
After all, things like artificial intelligence (AI), space travel, gene-editing, and more are all commercially available and ...
- December 19, 2023
In an uncertain economy, cash-on-hand matters more than ever.
Equally important is visibility over that cash, as well as the ability to look forward and plan smarter.
“Having the back office in ...
- December 17, 2023
American Express has launched a campaign to increase acceptance of its cards in Australia.
The company’s OptBlue program is set to onboard “thousands” of small merchants onto American Express’s network via ...
- December 17, 2023
Both American Express and Bank of America saw credit card delinquencies climb last month.
According to a recent Securities and Exchange Commission filing, American Express’ delinquency rate rose from 1.3% in October to 1.4% at the ...
- December 13, 2023
“Insurance is a personal and custom purchase,” Melissa Hurd, vice president and general manager of the National Client Group, Everyday Spend at American Express, told PYMNTS. “It’s reflective of an individual’s lifestyle.”
For ...
- December 8, 2023
American Express has launched Reward Xcelerator, a new initiative aimed at strengthening its Membership Rewards program in India.
This program offers Platinum Charge cardmembers the opportunity to earn up to 20X ...
- December 4, 2023
For forward-thinking merchants eyeing new ways to keep the transactions flowing, to keep consumers opening their wallets and wielding cards, new approaches to rewards may prove most rewarding.
Consumer spending these ...
- November 28, 2023
Apple has reportedly decided to end its credit card partnership with Goldman Sachs.
The tech giant has proposed an exit from the contract within the next 12 to 15 months, marking ...
- November 24, 2023
The holiday weekend is here.
And, as has been seen over more than a decade, Small Business Saturday, a mainstay of the retail landscape initially promoted by American Express and now ...
- November 21, 2023
Ubiquity is what we all want in a rewards program.
Ubiquity allows consumers to redeem rewards for the value — the goods and services — they prefer, as their “convertibility” carries ...
- November 20, 2023
American Express cash-back cardholders can now spend their Reward Dollars on Amazon.
With eligible cards, they can do so while getting the same value for their Reward Dollars as a statement ...
- November 20, 2023
Citi Mobile made moves in this edition of PYMNTS’ Provider Ranking of Credit Card Apps.
Venmo, which was previously No. 1, fell to make room for more competition between Citi Mobile, ...
- November 20, 2023
Automating accounts payable (AP) and accounts receivable (AR) can provide a crucial edge for mid-size firms. Most that have done so report increased efficiency and enhanced cash flow. Data further ...
- November 16, 2023
Midsize firms anticipate that making and receiving payments will become even more of a core necessity very soon. On average, firms expect a 50% increase in payments made and a ...
- November 7, 2023
American Express Global Business Travel says its focus on small businesses was a wise bet.
The company released quarterly earnings Tuesday (Nov. 7) showing transactions in its small and medium-sized enterprise (SME) category growing ...
- November 6, 2023
The generation gap does not make headlines as much as it used to, but one way in which it has unquestionably widened in recent years is through the rapid advancement ...
- November 3, 2023
The latest ISM Services PMI reading came in at 51.8 in October, down from a 53.6 reading in September.
A reading above 50 notes expansion — but the expansion is slowing, ...
- November 3, 2023
PYMNTS Intelligence interviews Ian Drysdale, CEO of insurance industry digital payments network One Inc, on how the industry is accepting the challenge of meeting Gen Z and millennials’ digital demands.
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Generation ...
- November 2, 2023
Nuvei has become the first acquirer to sell American Express’ open banking payment method.
The collaboration, announced Thursday (Nov. 2), will see Nuvei promote Pay with Bank transfer (PwBt), which lets ...
- November 2, 2023
Generation Z and millennials have different insurance needs from their elders, yet they are already a market force to be reckoned with. More than 60% plan to purchase one or ...
- November 1, 2023
The food service sector is transforming rapidly, and surviving in such a changing environment requires agile retail strategies.
In the last two years, due to high inflation, restaurants have been forced ...
- October 24, 2023
This month in the PYMNTS Provider Ranking of Credit Card Apps we don’t see a lot of movement in terms of rankings, but we do see some score changes. Plus, there is ...
- October 20, 2023
The latest results from American Express show consumers are continuing to spend on leisure activities — and are using their cards to so.
The company also noted that credit performance across ...
- October 19, 2023
Frictionless commerce company Skipify says it has landed new funding from Samsung’s investment group.
The company says the investment by Samsung Next, announced Thursday (Oct. 19), will let Skipify accelerate the development of its digital wallet.
“We invested in ...
- October 11, 2023
With more than 8 in 10 companies still seeing delayed payments rise in 2023, concerns about the global economy remain high.
Small business owners’ top reported financial challenges over the last ...
- October 10, 2023
PYMNTS interviews Murray Sharp, vice president of partnerships, channel sales & business development at Billtrust, about why the current economic environment requires not merely an AR upgrade but also a ...
- October 9, 2023
As organizations across industries struggle with delayed payments and disruptions to cash flow, accounts receivable (AR) teams are now seen as navigators amid an economic storm. More than 8 in ...
- October 5, 2023
American Express said it is adding facial and fingerprint recognition to its SafeKey authentication tool.
The upgrade, announced Thursday (Oct. 5) is designed to prevent fraud and streamline checkout, and makes ...
- October 5, 2023
When and how much a business gets paid can determine whether it will survive.
But it is the technical architecture around that payment that can set a business up for success.
“The ...
- October 3, 2023
American Express debuted an upgraded version of its Business Gold Card.
The revamped card gives customers the ability to earn membership rewards in some business spending categories and enroll in benefits ...
- October 2, 2023
Bread Financial Holdings is reportedly grappling with challenges as it confronts rising credit losses and uncertainty surrounding late fees.
The company’s stock price fell 3.9% as of midday Monday (Oct. 2) and ...
