News

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

(source: pymnts.com)

Can Alo Yoga Persuade Consumers to Pay Couture Prices? 
Can Alo Yoga Persuade Consumers to Pay Couture Prices? 
October 20, 2023  |  Retail

Premium and luxury are not the same.  In the world of fashion, premium brands strut their stuff by offering top-tier products that outshine mass-market alternatives,...

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Instacart Serves Up New Avenues for Brands to Reach Shoppers 
Instacart Serves Up New Avenues for Brands to Reach Shoppers 
October 20, 2023  |  Retail

Delivery platforms like Instacart are becoming a valuable avenue for brands looking to connect with consumers who prefer the convenience of grocery shopping from their...

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SEC Drops Claims Against Ripple Executives
SEC Drops Claims Against Ripple Executives
October 20, 2023  |  Cryptocurrency

Blockchain firm Ripple scored another victory in its 3-year-old battle with the Securities and Exchange Commission (SEC). The SEC plans to dismiss its claims that...

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FTX Trial: The Adults Are Tanking ‘Cool Kid’ Bankman-Fried’s Defense
FTX Trial: The Adults Are Tanking ‘Cool Kid’ Bankman-Fried’s Defense
October 20, 2023  |  Legal

It is the end of the third week of Sam Bankman-Fried’s multibillion-dollar criminal fraud trial. The trial itself is approaching halftime, with the prosecution expected...

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JPMorgan and Mastercard Pay-by-Bank Tool Goes Live
JPMorgan and Mastercard Pay-by-Bank Tool Goes Live
October 20, 2023  |  Payment Methods

JPMorgan Chase says its Mastercard-powered pay-by-bank tool has officially gone live. The offering, which combines Mastercard’s open banking technology and J.P. Morgan Payments’ ACH capabilities, lets merchants...

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Musk: Two-Tiered Premium X Subscriptions Coming ‘Soon’
Musk: Two-Tiered Premium X Subscriptions Coming ‘Soon’
October 20, 2023  |  Subscriptions

Elon Musk says X is set to begin offering an ad-free version of its platform.  “Two new tiers of X Premium subscriptions launching soon,” Musk...

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Travel Spending May Get a Bounce Into the Holidays With BNPL and Rewards
Travel Spending May Get a Bounce Into the Holidays With BNPL and Rewards
October 20, 2023  |  Travel Payments

Summer’s over. Beach getaways are a thing of the past. And now the holidays approach. Jacqueline White, president at i2c, and Ray Chalub, COO of...

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Hospitality Workers Choose Digital Instant Tip Payouts, Yet Only Half of Employers Deliver
Hospitality Workers Choose Digital Instant Tip Payouts, Yet Only Half of Employers Deliver
October 20, 2023  |  Money Mobility

Cash is still the way that many hospitality workers receive tips. Customers’ increasing penchant for using contactless cards and digital wallets means they are also...

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New CEO Sharpens Citcon’s ‘Laser Focus’ on Alternative Payment Methods 
New CEO Sharpens Citcon’s ‘Laser Focus’ on Alternative Payment Methods 
October 20, 2023  |  Payment Methods

“There are so many payments companies out there today,” Casey Bullock, Citcon’s new CEO, told PYMNTS’ Karen Webster.   “And many of them try to do...

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