PYMNTS Intelligence

Lack of Payments Choice Risks Higher Cart Abandonment on Online Brand Sites
Lack of Payments Choice Risks Higher Cart Abandonment on Online Brand Sites
February 29, 2024  |  eCommerce

Cart abandonment, a key element of increasing online conversion, poses a significant challenge for online marketplaces, retailer and brand sites. This issue is increasingly worrisome...

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Three-Quarters of Retail Customers Expect Omnichannel Coupons
Three-Quarters of Retail Customers Expect Omnichannel Coupons
February 28, 2024  |  Retail

As retailers look to secure consumers’ loyalty both online and in stores, PYMNTS Intelligence research finds that digital deals and discounts go a long way...

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Instant Tip Payouts Could Help Hotel Industry Woo Workers in 2024
Instant Tip Payouts Could Help Hotel Industry Woo Workers in 2024
February 28, 2024  |  Disbursements

The next time you check into a hotel, don’t be surprised if you can’t find personnel to greet you, help with your luggage, or put...

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Media and Entertainment Companies Go All-In on Generative AI
Media and Entertainment Companies Go All-In on Generative AI
February 28, 2024  |  Artificial Intelligence

Creativity is inherent to the media industry and crucial to understanding the industry’s openness to and enthusiasm for experimentation and innovation. Its mission to offer...

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Main Street SMBs Tap Online Channels to Drive Business Growth
Main Street SMBs Tap Online Channels to Drive Business Growth
February 28, 2024  |  SMBs

The COVID-19 pandemic has accelerated the shift to an eCommerce economy, with historically high sales in 2020 and 2021. As a result, most Main Street...

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8 in 10 Merchants Screen Potential Fraud With Same-Payment-Method Retries
8 in 10 Merchants Screen Potential Fraud With Same-Payment-Method Retries
February 27, 2024  |  Fraud Prevention

In an effort to counter false declines and prevent unnecessary losses, PYMNTS Intelligence research finds, the vast majority of merchants are encouraging consumers to reattempt...

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Nearly Half of Financial Institutions Believe Open Banking Risks Outweigh Rewards
Nearly Half of Financial Institutions Believe Open Banking Risks Outweigh Rewards
February 27, 2024  |  Security & Fraud

Nearly half of financial institution executives are concerned that open banking may not be a positive value proposition — especially in an environment of increasing...

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Perfect Corp: AR Try-On Reduces Returns for eCommerce Beauty Brands 
Perfect Corp: AR Try-On Reduces Returns for eCommerce Beauty Brands 
February 27, 2024  |  eCommerce

As eCommerce merchants look for new ways to reduce the costs and inefficiencies of returns, Perfect Corp. sees augmented reality (AR) as a key solution, mitigating...

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Bad Financial Management Habits Lead 30% of Affluent Consumers to Live Paycheck to Paycheck
Bad Financial Management Habits Lead 30% of Affluent Consumers to Live Paycheck to Paycheck
February 27, 2024  |  Consumer Finance

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