PYMNTS News

47% of Consumers Check Customer Feedback Before Buying Recommended Items

47% of Consumers Check Customer Feedback Before Buying Recommended Items
47% of Consumers Check Customer Feedback Before Buying Recommended Items
May 15, 2025  |  Social Commerce

Despite the booming influencer marketing landscape, American consumers exhibit a strong inclination to conduct independent research before committing to a purchase based on a social...

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Amazon Cuts 100 Jobs in Devices Unit Amid Ongoing Efficiency Drive
Amazon Cuts 100 Jobs in Devices Unit Amid Ongoing Efficiency Drive
May 14, 2025  |  Amazon

Amazon reportedly cut about 100 jobs in its devices and services unit, saying it did so as part of a regular business review. Get the...

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Bankers Tell Congress Regulation Hinders M&A and ‘De Novo’ Formation
Bankers Tell Congress Regulation Hinders M&A and ‘De Novo’ Formation
May 14, 2025  |  Bank Regulation

The path to creating a bank — from submitting a business plan to hitting the ground running — is a long and winding road, with...

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Report: Dick’s Sporting Goods Seeks $2.3 Billion Acquisition of Foot Locker
Report: Dick’s Sporting Goods Seeks $2.3 Billion Acquisition of Foot Locker
May 14, 2025  |  Retail

Dick’s Sporting Goods is reportedly close to reaching a deal to acquire Foot Locker for about $2.3 billion. Get the Full Story Complete the form...

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Report: European Retailers Seek Antitrust Case Against Mastercard and Visa
Report: European Retailers Seek Antitrust Case Against Mastercard and Visa
May 14, 2025  |  ANTITRUST

A group of trade associations representing European retailers reportedly asked the European Commission to take action against Mastercard and Visa under European Union antitrust rules,...

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New York Sues Capital One, Pursuing Similar Case CFPB Dropped
New York Sues Capital One, Pursuing Similar Case CFPB Dropped
May 14, 2025  |  Legal & Regulation

New York Attorney General Letitia James sued Capital One Wednesday (May 14), alleging the bank misled its customers about the existence of a savings account...

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Lithic Expands Card Issuing Platform to Include American Express Network
Lithic Expands Card Issuing Platform to Include American Express Network
May 14, 2025  |  Credit Cards

Lithic has expanded its card issuing platform to enable FinTechs operating in the United States to issue cards on the American Express network. Get the...

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Expedia Adds APIs to B2B Platform to Help Build Travel Packages
Expedia Adds APIs to B2B Platform to Help Build Travel Packages
May 14, 2025  |  B2B Payments

Expedia Group enhanced its B2B segment, Private Label Solutions, by adding APIs that help its partners build travel packages. Get the Full Story Complete the...

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