News

Security & Fraud
Wisconsin Teen Pleads Guilty to Conspiracy in Betting Website Hack
November 15, 2023

A 19-year-old man from Madison, Wisconsin, has pleaded guilty to conspiracy to commit computer intrusion.  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,...

Retail
Brick-and-Mortar Merchants to Take a Hit as Retail Sales Sputter?
November 15, 2023

Seven months of spending at the register… and now comes an interruption. 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...

eCommerce
Ocado Joins Online Grocery Companies Expanding Beyond F&B
November 15, 2023

Ocado Group is applying its technology outside the online grocery space for the first time, making it the latest eGrocery company to expand beyond the category. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Citigroup Begins Series of Wide-Ranging Layoffs
November 15, 2023

Citigroup has reportedly begun cutting jobs as part of its CEO’s companywide overhaul. 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....

Faster Payments
Nearly 40% of Gig Economy Ad Hoc Transactions Sent via Instant Payments
November 15, 2023

Although ad hoc payments make up just 24% of accounts payable (AP) volume, they hold significant importance in various industry operations. In fact, these irregular payments, executed outside regular invoicing and payroll processes, are integral to operational efficiency. Get the Full Story Complete the form...

Payment Methods
Nearly 1 in 6 Consumers Switched Payment Methods in the Past Year
November 15, 2023

Consumers are happiest when they don’t have to think about how a payment is made, just that it gets done. And they are willing to try new payment methods to get those results. Get the Full Story Complete the form to unlock this article and...

eCommerce
Bank of America Debuts Digital Car Buying/Financing Tools
November 15, 2023

Bank of America has debuted tools to help customers complete and finance online car purchases. 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...

Cross Border Commerce
Statrys Adds SWIFT Payment Tracking to Financial Platform
November 15, 2023

Statrys, a financial platform for corporates and business owners, has introduced its SWIFT Payment Tracking feature to enhance global business transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cross-border Payments
Mangopay Adds Foreign Exchange Solution for Marketplaces and Platforms 
November 15, 2023

Mangopay, a payment infrastructure provider for marketplaces and platforms, has launched an end-to-end foreign exchange (FX) solution that aims to expand its cross-border capabilities and support clients’ global expansion.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...