News

Investments
Trucking FinTech Solvento Secures $50 Million Debt Facility, Launches AP Automation
December 07, 2023

Solvento has secured a $50 million debt facility and equity to further develop and expand the use of its payment and credit infrastructure for Latin America’s trucking sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Social Commerce
Gen Z Tops Millennials on Social Media Shopping and Spending
December 07, 2023

Generation Z consumers are more likely to use Instagram and TikTok to search for products than other generations. They often turn to social media to browse brands before using Google. Their interaction within the social network often leads to a purchase, more so than other...

Security & Fraud
Why Lifecycle Management Matters When Fighting Payments Fraud
December 07, 2023

Brian Holbrook, director of product strategy at LSEG Risk Intelligence, told PYMNTS in an interview that financial institutions (FIs) are going to have to gird for changes in how they conduct and approach risk management. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
77% of Retailers Rank Generative AI as the Most Impactful Emerging Technology
December 07, 2023

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, you agree to receive marketing communications from PYMNTS and...

Faster Payments
Manufacturers Favor Digital Giants Over Banks to Deliver Real-Time Payments
December 07, 2023

The manufacturing sector is undergoing a significant transformation in its payment practices, with a growing emphasis on real-time 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...

Retail
Ollie’s Bargain Outlet Says It Was Built for This Economy
December 07, 2023

As prices go up and people feel the pinch in their wallets due to inflation, Ollie’s Bargain Outlet is standing out as the go-to place for discounts.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Banxico Says Mexico’s Financial System Remains Resilient
December 06, 2023

Mexico’s central bank has found that the country’s financial system remains resilient and stable despite the challenges posed by the complex global economic landscape. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Consumers May Trim Spending, but Not on Fido, Chewy Says 
December 06, 2023

This retail season, the spotlight is on customer value, and Chewy is serving it up to its customers who foot the bill for their furry companions — also cherished customers.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

eCommerce
15% of Consumers Buy Online to Control Time Spent Shopping
December 06, 2023

Online retail subscriptions have revolutionized the way consumers shop, providing convenience and personalized experiences that cater specifically to individual preferences and needs.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...