News

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

(source: pymnts.com)

Google Agrees to $700 Million Settlement in Play Store Case
Google Agrees to $700 Million Settlement in Play Store Case
December 19, 2023  |  ANTITRUST

Google will pay $700 million to settle an antitrust suit involving its Play store. The tech giant announced the settlement Monday (Dec. 18), revealing the...

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Interoperability Will Fuel Instant Payments’ Scalability 
Interoperability Will Fuel Instant Payments’ Scalability 
December 19, 2023  |  Faster Payments

Nothing is harder to break than an established habit. But even the most entrenched behaviors often shift or evolve. Just look at the movement of...

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Nearly Two-Thirds of Struggling Consumers Revolve Credit Card Balances
Nearly Two-Thirds of Struggling Consumers Revolve Credit Card Balances
December 19, 2023  |  Consumer Finance

The holiday season has offered little reprieve from the rising prices of goods and services still weighing on consumers’ wallets. Many consumers use credit cards...

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Anti-Fraud Measures Need to Work at the Speed of Instant Payments
Anti-Fraud Measures Need to Work at the Speed of Instant Payments
December 19, 2023  |  Real-Time Payments

The financial landscape is constantly in flux — and now it’s getting a little faster. As instant payments gain prominence, the strategies, challenges and potential...

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New Use Cases Needed to Drive Instant Payments Momentum Worldwide
New Use Cases Needed to Drive Instant Payments Momentum Worldwide
December 19, 2023  |  Real-Time Payments

Form3 CEO Dave Scola told PYMNTS that instant payments have a long way before they reach their full potential. “I’m not disappointed by the rates...

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Traditional Payment Methods Remain Relevant Despite Real-Time Innovations
Traditional Payment Methods Remain Relevant Despite Real-Time Innovations
December 19, 2023  |  Real-Time Payments

In a rapidly changing digital world where real-time payments are becoming increasingly popular, it’s easy to assume that traditional payment methods like wire transfers and...

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15% of Cardholders Cite Rewards for Increased Credit Card Spending
15% of Cardholders Cite Rewards for Increased Credit Card Spending
December 19, 2023  |  Loyalty & Rewards

Bank-issued credit cards, owned by nearly 200 million individuals in the United States, have become an essential financial tool amid inflation and rising costs, providing...

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Win-Win Relationships Show AP and AR Automation Is a Must, Not a Maybe
Win-Win Relationships Show AP and AR Automation Is a Must, Not a Maybe
December 19, 2023  |  B2B Payments

In an uncertain economy, cash-on-hand matters more than ever. Equally important is visibility over that cash, as well as the ability to look forward and...

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Versatile Credit Enhances Fraud Screening With Prove Identity Integration
Versatile Credit Enhances Fraud Screening With Prove Identity Integration
December 19, 2023  |  Security & Fraud

Versatile Credit has integrated with Prove Identity to both enhance its fraud screening and streamline its customer onboarding experience. As a software provider connecting merchants, lenders and consumers...

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