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Bank Data Silos Need Breaking for Open Banking to Succeed
Bank Data Silos Need Breaking for Open Banking to Succeed
November 22, 2023  |  Digital Banking

Serena Smith, chief client officer at i2c, told PYMNTS that the shift to faster payments and open banking will spur financial institutions to take a...

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How the Cloud Streamlines Cross-Border B2B Payments
How the Cloud Streamlines Cross-Border B2B Payments
November 22, 2023  |  B2B Payments

Cloud-based innovations are at the forefront of leveling the playing field for international commercial transactions. That’s why PYMNTS sat down with Paul Chang, Head of Payment...

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40% of Firms See Security, Not Just Speed, as Real-Time Payments Plus
40% of Firms See Security, Not Just Speed, as Real-Time Payments Plus
November 22, 2023  |  Real-Time Payments

The demand for real-time payments is soaring, with The Clearing House’s RTP® network, the flagship real-time payment system in the United States, now serving 65%...

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With Hyundai Deal, Alexa Helps Amazon Link Commerce to Connected Cars
With Hyundai Deal, Alexa Helps Amazon Link Commerce to Connected Cars
November 22, 2023  |  Amazon

With the recent news that Amazon is partnering with Hyundai, the conventional wisdom might be to say: Amazon sells pretty much everything else across its platform,...

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1 in 5 of Consumers Without Paycheck Pressures Still Plan to Finance Holiday Purchases
1 in 5 of Consumers Without Paycheck Pressures Still Plan to Finance Holiday Purchases
November 21, 2023  |  Consumer Finance

As the holidays near, balancing tight budgets with the festive spirit can become a challenge. Which is why traditionally, many consumers turn to credit to...

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Sephora Keeps Kohl’s Registers Ringing as Other Categories Weaken
Sephora Keeps Kohl’s Registers Ringing as Other Categories Weaken
November 21, 2023  |  Retail

As temperatures stayed warm in September and October, Kohl’s discovered that it had a surplus of its cold weather inventory beyond what was initially expected....

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Study Finds Non-Gift Holiday Spending to Drop 26% as Consumers Trim Budgets
Study Finds Non-Gift Holiday Spending to Drop 26% as Consumers Trim Budgets
November 21, 2023  |  Retail

The average holiday shopper anticipates spending roughly $860 this year on non-gift holiday purchases such as live entertainment or retail products for personal use —...

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1099-K Reporting Changes Shift Burden of Tax Compliance to Platforms
1099-K Reporting Changes Shift Burden of Tax Compliance to Platforms
November 21, 2023  |  Taxes

Changes in tax reporting loom on the horizon — though recently were delayed a bit — as more commerce moves online. Wendy Walker, solutions principal...

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Credit-Seeking Consumers Give Credit Unions and Community Banks a Second Look
Credit-Seeking Consumers Give Credit Unions and Community Banks a Second Look
November 21, 2023  |  Credit Unions

National banks dominate the consumer credit space. Still, credit unions and community banks are becoming an increasingly popular choice for issuing credit cards. The share...

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