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NYDFS Slaps Cap on Check Cashing Fees

NYDFS Slaps Cap on Check Cashing Fees
NYDFS Slaps Cap on Check Cashing Fees
January 19, 2023  |  Legal & Regulation

Check cashing fees are getting a makeover in New York. New York’s Department of Financial Services said Wednesday (Jan. 18) that it is updating regulations...

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Vrai Ramps Omnichannel Approach Amid Surging Demand for Lab-Grown Diamonds
Vrai Ramps Omnichannel Approach Amid Surging Demand for Lab-Grown Diamonds
January 19, 2023  |  Retail

Lab-grown diamonds are gaining ground with consumers and retailers as sustainability meets luxury online and in-store. If there’s one brand to watch, it’s VRAI (pronounced...

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United CEO Says Airline Industry Short on People, Planes and Planning
United CEO Says Airline Industry Short on People, Planes and Planning
January 18, 2023  |  Transportation

Despite a better-than-expected year-end 2022 performance, United Airlines sees structural changes to the industry remaking air travel. On its fourth-quarter 2022 earnings call Wednesday (Jan....

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Consumers’ Inflation Perception and Government Data Are Miles Apart
Consumers’ Inflation Perception and Government Data Are Miles Apart
January 18, 2023  |  Economy

When it comes to inflation, consumers may be a more accurate barometer than government statistics. In a series of studies, PYMNTS has consistently found disagreement...

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CFPB’s Fee Focus May Reshape $626B Remittance Payments Industry
CFPB’s Fee Focus May Reshape $626B Remittance Payments Industry
January 17, 2023  |  Legal & Regulation

With a focus on fees, the Consumer Financial Protection Bureau (CFPB) may reshape cross-border payments, specifically the hundreds of billions of dollars in remittances that...

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Can Super Apps Provide the Omnichannel Grease Retail Industry Needs?
Can Super Apps Provide the Omnichannel Grease Retail Industry Needs?
January 17, 2023  |  Retail

All-in-one super apps represent a major step in frictionless retail and payment experiences, with appeal among high-spending age groups. The idea of a single app...

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Amazon, Big Retail Rethink Cross-Selling to Get Grocery Buyers In-Store
Amazon, Big Retail Rethink Cross-Selling to Get Grocery Buyers In-Store
January 16, 2023  |  Retail

As shoppers shift their food spending to grocery, retailers are diversifying to win these customers. eCommerce giant Amazon, for one, is leveraging the breadth of...

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Digital Platforms Transform How Consumers Choose, Buy Life Insurance
Digital Platforms Transform How Consumers Choose, Buy Life Insurance
January 16, 2023  |  Insurance

The connected economy will refashion the middleman’s role across verticals, and life insurance is no exception. TransUnion noted in a research report that about 4...

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