News

Retail
Shopify Keeps Amazon in Its Sights While Upping the Ante 
November 05, 2023

Shopify is shining a light on its role in the online payment industry. During its recent earnings call held Friday (Nov. 3), the company shared that 58% of its users prefer to use Shopify Payments, their in-house payment solution.   Get the Full Story Complete the...

Regulation
Treasury OKs New Rules for Monitoring Non-Bank Financial Risk
November 05, 2023

American regulators approved new guidelines for monitoring financial risk following this year’s banking crisis. 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...

Banking
Report: Banks Shutting Customer Accounts Over Fraud
November 05, 2023

In the banking world, it’s a practice known as “exiting” or “de-risking.” 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...

Retail
Why Retailers Don’t Want Consumers to Get an Extra Hour of Sleep
November 04, 2023

On Sunday (Nov. 5), most U.S. states will “fall back” an hour, giving people an extra wink of sleep. While the states that embrace this time change will relish the extra hour of slumber, the existence of Daylight Saving Time (DST) has long been a subject...

Banking
The Clearing House Says Processing Error Impacted Less Than 1% of Daily ACH 
November 03, 2023

The Clearing House has reportedly said that it is not aware of any ongoing issues after a narrow processing error that affected deposits and transfers at some banks.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

eCommerce
Grocery Coffee Sales Dip as Consumers Turn to eCommerce, QSRs
November 03, 2023

Coffee sales at the grocery store are reportedly below pre-COVID levels as consumers increasingly get their caffeine buzz from digital channels or restaurant chains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Report: Ace Hardware Unable to Accept Online Orders Amid Cyberattack
November 03, 2023

Ace Hardware is reportedly recovering from a cyberattack that has left it unable to accept online orders. 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...

Retail
Burger King Owner Sees Drive-Thru as a Hold Back to Digital Transformation
November 03, 2023

As Restaurant Brands International (RBI) looks to reach 100% digital sales, the drive-thru channel remains a sticking point.  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...

Payment Methods
PayPal’s Bet to Boost Security May Pay Off in Broader Usage
November 03, 2023

As consumers’ eCommerce activity grows, so does their use of digital payment methods. 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....