News

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

(source: pymnts.com)

Amazon Debuts Palm-Based ID Service Amazon One Enterprise
Amazon Debuts Palm-Based ID Service Amazon One Enterprise
November 28, 2023  |  Biometrics

Amazon is bringing its palm-based identity service to the world of corporate security. Amazon Web Services (AWS) announced Monday (Nov. 27) the debut of Amazon One Enterprise, a...

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Study Finds More Instant Payment Options Increase Customer Satisfaction
Study Finds More Instant Payment Options Increase Customer Satisfaction
November 28, 2023  |  Faster Payments

Using instant payment methods can streamline the payment process and improve overall customer satisfaction, making consumers 11% more satisfied and nearly double their likelihood to...

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Visa: Americans Keep Traveling Despite Rising Costs
Visa: Americans Keep Traveling Despite Rising Costs
November 28, 2023  |  Travel Payments

Rising costs haven’t stamped out the travel bug for Americans, a new Visa survey shows. The new edition of the Visa Global Travel Intentions Study, released Tuesday...

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European Startup Funding Falls as US Investors Pull Back
European Startup Funding Falls as US Investors Pull Back
November 28, 2023  |  Investments

Funding for European tech startups continues to fall as American investors shut off financing. That’s according to the annual State of European Tech report by...

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Companies With AI-Driven Strategies Outcompete Peers, Study Finds
Companies With AI-Driven Strategies Outcompete Peers, Study Finds
November 28, 2023  |  Artificial Intelligence

The payments industry has been a latecomer to the financial technology revolution. Many companies still use legacy accounts receivable (AR) processes marked by an overwhelming...

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Banks Shift From Vulnerable Channels Like SMS as Fraud Rises
Banks Shift From Vulnerable Channels Like SMS as Fraud Rises
November 28, 2023  |  Security & Fraud

Galileo Financial Technologies Chief Product Officer David Feuer told PYMNTS that there has been no shortage of money spent in the continuing, and perhaps eternal,...

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Banks Play Important Role in Helping Paycheck-to-Paycheck Consumers Build Savings
Banks Play Important Role in Helping Paycheck-to-Paycheck Consumers Build Savings
November 28, 2023  |  Consumer Finance

Amber Carroll, senior vice president of membership and lifecycle strategy at LendingClub, told PYMNTS that U.S. consumers face a cash drain — but proactive planning can...

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Data Helps FinTechs Forge Much-Needed Path to Profitability
Data Helps FinTechs Forge Much-Needed Path to Profitability
November 28, 2023  |  Data

For FinTechs, capturing data, analyzing it, and perhaps even monetizing it through partnerships will help determine who’s profitable, and ultimately, which FinTechs survive and thrive....

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Amazon’s Black Friday Football Kicks Off QR Code Retail Renaissance
Amazon’s Black Friday Football Kicks Off QR Code Retail Renaissance
November 28, 2023  |  eCommerce

No doubt you’ve gotten them in the mail: QR codes from local and national merchants. The codes contain a wealth of information, and offer to...

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