News

Study Finds US Consumers Look a Lot But Buy Little on Social Media
eCommerce
Study Finds US Consumers Look a Lot But Buy Little on Social Media
July 10, 2023

Tapping or clicking the hashtag #TikTokMadeMeBuyIt will bring users to pages upon pages of videos in which TikTokers show off viral purchases they first discovered on the platform: iced coffee slushy cups, hair gem stampers, live pet axolotls, levitating bulb lamps and beyond. The hashtag...

B2B Platforms Need to Think Globally, Act Locally to Drive Business Growth
B2B Payments
B2B Platforms Need to Think Globally, Act Locally to Drive Business Growth
July 10, 2023

As companies look to steer their business strategy to drive growth, Pierre Lion, chief growth officer at FinTech firm Mangopay, says thinking globally should be a priority right from the onset. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

America’s New Merger Rules Could Add Months to Process
Regulation
America’s New Merger Rules Could Add Months to Process
July 09, 2023

Proposed regulations for mergers and acquisitions could add months to the deals process. 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....

Report: Revolut US Payments Flaw Leads to $20 Million Theft
Security & Fraud
Report: Revolut US Payments Flaw Leads to $20 Million Theft
July 09, 2023

A flaw in Revolut’s U.S. payment system reportedly let criminals steal more than $20 million. 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...

UK Finance: 61% of Push Payments Fraud Tied to Meta
Security & Fraud
UK Finance: 61% of Push Payments Fraud Tied to Meta
July 09, 2023

British lobbying group UK Finance has reportedly tied a bulk of the country’s digital payments fraud to Meta Platforms. 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...

Snapchat Reportedly Reaps Benefits From Creator Revenue-Sharing Program
Social Commerce
Snapchat Reportedly Reaps Benefits From Creator Revenue-Sharing Program
July 09, 2023

Snapchat’s plan to woo creators by allowing them to share ad revenue could be paying off. 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,...

The Cost of Doing AI Business
Artificial Intelligence
The Cost of Doing AI Business
July 08, 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...

Missouri Joins States Regulating Earned Wage Access Providers
Regulation
Missouri Joins States Regulating Earned Wage Access Providers
July 07, 2023

Earned wage access providers are garnering more scrutiny — and more oversight — state by state. 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...

SumUp Selects Form3 for Access to UK Faster Payments Scheme
Faster Payments
SumUp Selects Form3 for Access to UK Faster Payments Scheme
July 07, 2023

SumUp has partnered with Form3 to enhance its business account offering for United Kingdom customers. 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...