News

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

(source: pymnts.com)

Tech Giants Drive Subscription Growth Across Consumers’ Daily Activities
Tech Giants Drive Subscription Growth Across Consumers’ Daily Activities
October 31, 2023  |  Subscriptions

From business to leisure, the largest tech companies are driving recurring revenue from every part of consumers’ day-to-day routines with their subscription offerings. Take, for...

READ MORE >
TLSC and Millennium Collaborate on Repossession Solutions for Credit Unions
TLSC and Millennium Collaborate on Repossession Solutions for Credit Unions
October 31, 2023  |  Credit Unions

The Loan Service Center (TLSC), a PSCU company, has partnered with Millennium Capital and Recovery Corp. to provide repossession solutions to credit unions.  Through TLSC’s extended services, credit unions will...

READ MORE >
Anti-Ransomware Coalition Tells Hackers: We Won’t Pay
Anti-Ransomware Coalition Tells Hackers: We Won’t Pay
October 31, 2023  |  Security & Fraud

A 40-nation alliance reportedly plans to pledge to not to pay ransoms to cybercriminals. The U.S.-led International Counter Ransomware Initiative is making this promise amid a growing...

READ MORE >
Bank Push Payment Scams Now 40% of UK Fraud
Bank Push Payment Scams Now 40% of UK Fraud
October 31, 2023  |  Security & Fraud

Great Britain’s smaller banks are apparently among the largest targets for payment fraud. That’s according to a report issued Tuesday (Oct. 31) by the U.K.’s...

READ MORE >
84% of Business Leaders Believe Generative AI Will Positively Impact the Workforce
84% of Business Leaders Believe Generative AI Will Positively Impact the Workforce
October 31, 2023  |  Artificial Intelligence

Businesses face uncertain times, with high borrowing costs and late payments igniting an urgent need to reduce operating expenses and improve cash flow. One key...

READ MORE >
Securing the Digital Customer Experience in a Changing World
Securing the Digital Customer Experience in a Changing World
October 31, 2023  |  Security & Fraud

The 21st century’s digital landscape is full of enterprise catch-22s and trade-offs. But one of the biggest may be threading the needle between delivering a...

READ MORE >
Digital Innovations Help Cash-Strapped Small Businesses Find Best-Fit Funding Solutions
Digital Innovations Help Cash-Strapped Small Businesses Find Best-Fit Funding Solutions
October 31, 2023  |  SMBs

The past few years have been full of challenges for small- to medium-sized businesses (SMBs). “It is definitely a perfect storm, and not in a...

READ MORE >
Amazon Shopping Director on the Power of Friends With Influence
Amazon Shopping Director on the Power of Friends With Influence
October 31, 2023  |  Amazon

In the world of retail, recommendations from friends and inspiration from influencers are like power outlets for consumers, charging up their purchasing decisions.  Keeping with...

READ MORE >
Nearly Half of US Consumers Cite Free Shipping as Key Feature When Choosing a Merchant
Nearly Half of US Consumers Cite Free Shipping as Key Feature When Choosing a Merchant
October 31, 2023  |  Retail

As inflationary pressures continue to impact household budgets, U.S. consumers are taking measures to trim their expenses and prioritize cost-saving shopping features when choosing a...

READ MORE >