News

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

(source: pymnts.com)

Australia Considers Regulation of Digital Payment Services
Australia Considers Regulation of Digital Payment Services
October 11, 2023  |  Digital Payments

The Australian government has announced its plans to introduce new legislation that would empower the Reserve Bank of Australia to regulate digital payment services, including digital wallet...

READ MORE >
Some Consumers Might Need Rewards and Discounts to Try Biometric Logins
Some Consumers Might Need Rewards and Discounts to Try Biometric Logins
October 11, 2023  |  Biometrics

Biometric authentication, a technology that uses unique physical or behavioral traits for identity verification, has gained popularity in recent years.  In fact, according to joint...

READ MORE >
Subprime Consumers Are ‘Credit Marginalized’ as Spending Lifelines Dry Up
Subprime Consumers Are ‘Credit Marginalized’ as Spending Lifelines Dry Up
October 11, 2023  |  Consumer Finance

Through the next few months, the purses and wallets will open in anticipation of holiday spending. Beyond the cash flow hangover that might be a...

READ MORE >
CFPB Says Surprise Overdraft and NSF Fees Lead to $120 Million in Refunds
CFPB Says Surprise Overdraft and NSF Fees Lead to $120 Million in Refunds
October 11, 2023  |  CFPB

Surprise overdraft and nonsufficient funds (NSF) fees account for a significant portion of the refunds to consumers by companies announced Wednesday (Oct. 11) by the...

READ MORE >
JPMorgan Pursues Silicon Valley Startups and VC Backers
JPMorgan Pursues Silicon Valley Startups and VC Backers
October 11, 2023  |  Startups

JPMorgan Chase & Co., the largest bank in the United States, is reportedly aggressively positioning itself as the leading financial partner for tech companies in...

READ MORE >
Consumers Don’t Pay Attention to Month-to-Month Grocery Inflation
Consumers Don’t Pay Attention to Month-to-Month Grocery Inflation
October 11, 2023  |  Consumer Finance

Even as monthly grocery inflation eases, PYMNTS Intelligence reveals, consumers are feeling the weight of the past three years of price increases when they go...

READ MORE >
RBC Capital Markets Predicts Luxury Sector Downturn
RBC Capital Markets Predicts Luxury Sector Downturn
October 11, 2023  |  Retail

The luxury goods sector may be facing a potential downturn, according to RBC Capital Markets. The investment bank said in a recent note that one of...

READ MORE >
Curios Integrates With Stripe to Streamline Web3 Payments
Curios Integrates With Stripe to Streamline Web3 Payments
October 11, 2023  |  Blockchain

Blockchain and Web3 platform Curios integrated with payment processor Stripe. The combination “marks a significant milestone for Curios, as it empowers the platform to facilitate...

READ MORE >
Trust Matters in B2B: How Commercial Relationships Impact Payments Innovation
Trust Matters in B2B: How Commercial Relationships Impact Payments Innovation
October 11, 2023  |  B2B Payments

Businesses that trust each other, grow together.  That’s why when it comes to digitizing the commercial payments ecosystem, solving for behavior is just as important...

READ MORE >