News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

40% of Paycheck-to-Paycheck Consumers Will Use Financing to Make Holiday Happen
40% of Paycheck-to-Paycheck Consumers Will Use Financing to Make Holiday Happen
November 17, 2022  |  Consumer Finance

With 15 million consumers — close to 6% of the United States population — sitting out holiday gift buying this year, roughly 40% will use...

READ MORE >
Will Defi’s Stablecoin Dependence Prove Deadly?
Will Defi’s Stablecoin Dependence Prove Deadly?
November 17, 2022  |  Blockchain

The collapse of FTX raises some existential questions: Not just about that company, not just about cryptocurrencies, but of decentralized finance (DeFi) as well. Get...

READ MORE >
Winn-Dixie Owner Southeastern Grocers Considers Sale
Winn-Dixie Owner Southeastern Grocers Considers Sale
November 17, 2022  |  Retail

Nearly one year after cancelling its plans to go public, Florida-based supermarket chain owner Southeastern Grocers is reportedly considering an outright sale of the company....

READ MORE >
Only 20% of Direct-to-Consumer Merchants Sell to APAC Consumers
Only 20% of Direct-to-Consumer Merchants Sell to APAC Consumers
November 17, 2022  |  International

Direct-to-consumer (D2C) businesses may not have much of a presence in the Asia Pacific (APAC) area, but with significant investments planned in the near future,...

READ MORE >
Finzly Launches Treasury Management Platform for Global Banking
Finzly Launches Treasury Management Platform for Global Banking
November 17, 2022  |  B2B Payments

FinTech Finzly has released an advanced version of its treasury management platform that enables banks to offer their business, commercial and corporate clients global transaction...

READ MORE >
Millions Committed to Green Tech, Circular Economy Initiatives as COP27 Ends
Millions Committed to Green Tech, Circular Economy Initiatives as COP27 Ends
November 17, 2022  |  International

As world leaders prepare to wrap up negotiations at the COP27 climate summit in Egypt on Friday (Nov. 18), climate tech investment deals signed by...

READ MORE >
All Merchants Want This Holiday Season Is a Lower Cost of Returns 
All Merchants Want This Holiday Season Is a Lower Cost of Returns 
November 17, 2022  |  Retail

With this year’s holiday season just around the corner, stores and brands are bracing themselves for a deluge of sales and returns — hoping to...

READ MORE >
FinTech Winter May Lead Banks to Increase Acquisitions
FinTech Winter May Lead Banks to Increase Acquisitions
November 17, 2022  |  Acquisitions

Banks looking to boost their digital capabilities reportedly may be taking a closer look at acquisitions of FinTechs. Get the Full Story Complete the form...

READ MORE >
Congressional Committees Say ID.me Provided Inaccurate Info About Fraud
Congressional Committees Say ID.me Provided Inaccurate Info About Fraud
November 17, 2022  |  Biometrics

While apparently attempting to promote the need for its identity verification services, facial recognition company ID.me overstated the amount of fraud around pandemic-related federal funds...

READ MORE >