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58% of Restaurant Aggregator Customers Order From the Same Restaurants
58% of Restaurant Aggregator Customers Order From the Same Restaurants
April 19, 2023  |  Restaurant innovation

Just as the restaurant industry rebuilt itself, economic uncertainty rose to rechallenge it. Amid inflation concerns and the ever-present threat of a recession, attracting and...

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Cost Drives 56% of All Retail Subscription Cancellations
Cost Drives 56% of All Retail Subscription Cancellations
April 18, 2023  |  Subscription Commerce

Despite economic uncertainty, retail product subscriptions have proven resilient. February 2023 saw an 11% increase in retail product subscribers compared to September 2022, suggesting that...

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Open Banking Is Changing the Payments Game, and Enterprises Must Keep Up
Open Banking Is Changing the Payments Game, and Enterprises Must Keep Up
April 17, 2023  |  Digital Banking

Until fairly recently, consumers’ financial data has primarily been something to be hoarded and siloed. Rather than closing off this data, a new generation of solutions...

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Nordstrom Walks Back on Luxury and Leans Into Deep Discounts
Nordstrom Walks Back on Luxury and Leans Into Deep Discounts
April 15, 2023  |  Retail

Following its recent earnings report in early March, fashion retailer Nordstrom has announced the upcoming launch of nine additional stores for its Nordstrom Rack off-price...

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Women and Millennials Lead UK’s Digital Shopping Transformation
Women and Millennials Lead UK’s Digital Shopping Transformation
April 14, 2023  |  Merchant Innovation

Digital features are crucial to winning over the United Kingdom’s tech-savvy shoppers — and merchants know it. We find that U.K. merchants go out of...

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Only 1% of Real Estate Firms Use Real-Time Payments – Why?
Only 1% of Real Estate Firms Use Real-Time Payments – Why?
April 13, 2023  |  Real-Time Payments

The real estate industry heavily relies on legacy payment methods for their business-to-business (B2B) transactions, but that is beginning to change. PYMNTS’ latest research reveals...

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Embedded Finance Turns Checkout Into a Better Customer Experience for Brands
Embedded Finance Turns Checkout Into a Better Customer Experience for Brands
April 12, 2023  |  Retail

In response to widespread demand for convenience, nonfinancial companies are using banking-as-a-service (BaaS) to seamlessly integrate financial products into traditionally nonfinancial platforms and experiences. Known...

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Visa+ Gives Consumers Option to Send P2P Payments to Anyone
Visa+ Gives Consumers Option to Send P2P Payments to Anyone
April 11, 2023  |  Payment Methods

We’ve all done this dance.   You want to send money to another person — you have a Venmo account, but they don’t. They have a...

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Technology and Behavioral Changes Needed to Cut Paper Out of Healthcare
Technology and Behavioral Changes Needed to Cut Paper Out of Healthcare
April 10, 2023  |  Healthcare

There’s a high probability that even the most digitally savvy consumers still receive an explanation of benefits (EOB) letter between actual bills for medical services...

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