Plaid has been rolling out new products and partnerships in recent months, offering additional resources to a broader range of customers, including enterprises. For example, the firm rolled out its new credit underwriting solution,…
Safe Ticketing launched a resale ticket purchasing platform in the United States. The TicketX platform is new to the U.S. market but has a Japanese counterpart, TicketJam, that has been operating since 2017, according to the TicketX…
As consumers increasingly turn to digital content for shopping inspiration, articles are proving to be a relatively effective motivator for purchasing. By the Numbers “Generation Zillennial: How They Shop,” the new PYMNTS Intelligence…
As ongoing financial pressures make it harder for mid-market retailers to compete, without the scale of industry giants or the close customer connections of mom-and-pop shops, these merchants are forced to adapt if they do not want to go…
The companies collecting Americans’ student loans, auto loans and medical payments have some work to do. That’s according to a report issued Tuesday (July 2) by the Consumer Financial Protection Bureau (CFPB), which found numerous failures…
A patient affected by a “data security incident” involving Pennsylvania-based health system Geisinger has filed a class-action lawsuit against the company. Geisinger’s IT vendor, Microsoft-owned Nuance, determined that a former employee…
Gap, a once-dominant force in American retail that has faced challenges in recent years, is undergoing a years-long effort to reclaim its position in a highly competitive market — a journey that serves as an indicator for how legacy…
FleetUp and RoadFlex have integrated their solutions to automate fleet expense management and fuel management, from data collection to reporting. Together, their fleet management solutions help fleet owners and administrators streamline…
Mashreq has launched a new application programming interface (API)-enabled instant payment solution for its corporate and institutional clients in the United Arab Emirates (UAE). This new offering is integrated with the Central Bank of the…
At a growing number of tourist destinations in Europe, getting an Uber may mean hopping onboard a boat. The ride-hailing firm is rolling out several Uber Boat options this summer, Uber said in a Tuesday (July 2) press release. In Ibiza,…
B2B payments power trillions of dollars in annual payments flows. Much of those flows are handled via checks and other traditional processes that are riddled with pain points, redundancies and sunk time and costs. All these factors can…
Artificial intelligence is poised to transform the financial sector and broader economy, creating opportunities and risks that central banks must navigate carefully, according to a top official at the Bank for International Settlements. In…
Customers of Amazon’s Italian eCommerce site will be able to make purchases with Bancomat Pay, following the retailer’s new partnership with Nexi. In the collaboration between the two companies, Amazon.it will use Nexi’s platform to enable…
As aggregators compete to win the spending of financially struggling consumers, more players in the space are expanding their acceptance of Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payments.…
Revolut’s revenues jumped 95% last year as it continues to pursue a British banking license. The London-based FinTech released its 2023 annual report Tuesday (July 2), showing the company’s revenues reaching $2.2 billion in 2023, up from …
Innovation is coming to the B2B space, providing businesses with streamlined and efficient payment solutions. Increasingly, these innovative B2B payment solutions are having a positive impact across both sides of the transaction. Take, for…
The State Bank of India reportedly launched a web-based invoice financing solution for microbusinesses and small- to medium-sized businesses (SMBs). The new MSME Sahaj solution allows the bank’s customers to access financing against their…
Accounts payable automation and procurement solutions provider Basware announced an integration with Amazon Business. The collaboration is designed to streamline purchasing and procurement for customers, Basware said in a news release…
CDK Global is reportedly restoring its systems that were hacked and expects to have all the car dealerships using its platform live by the morning of July 4. “We are continuing our phased approach to the restoration process and are rapidly…
America’s love of online shopping has transformed communities like Shippensburg. The college town in the heart of Pennsylvania is the subject of a Bloomberg Businessweek piece published Monday (July 1) that examines the rise of boomtowns…
As retailers and marketplaces look to summer sales to win the spending of budget-strapped consumers, TikTok Shop is joining the mix with its own discounting event. TikTok announced Thursday (June 27) its “Deals For You Days,” with…
Beauty brand e.l.f. has expanded its partnership with virtual world and gaming platform Roblox to include real-world commerce. In the new virtual kiosk within the e.l.f. Up! experience on Roblox, which is powered by Walmart, U.S. visitors…
Macroeconomic uncertainty over inflation and interest rates is affecting big-ticket items and leading to shifts among consumers. More homeowners — who have opted not to buy a new residence due to high mortgage rates and home prices — are…
After seeing revenues surge during the pandemic, Target has been facing tough times. A report Sunday (June 30) by the Financial Times (FT) examines the retailer’s recent struggles: sales have slipped in part to protests against its LGBTQ+…
Dubai-based FinTech Comfi reportedly secured a $5 million debt facility to expand its B2B payment platform and support its launch of an embedded buy now, pay later (BNPL) solution. The funding will also facilitate $40 million in B2B…
As businesses look beyond traditional marketing channels to reach and influence consumers, one surprising player that has emerged is LinkedIn, with merchants extending the platform beyond B2B into B2C. Amazon, for instance, has garnered a…
As consumers increasingly transact using voice-controlled devices, Amazon is partnering with Alicia Keys, harnessing her celebrity to boost Alexa adoption. The musical artist’s beauty brand, Keys Soulcare, created in collaboration with e.l…
In Silicon Valley, a new kind of proofreader is hard at work. It doesn’t wield a red pen or squint at comma splices. Instead, this digital detective, born from the same artificial intelligence it’s tasked to police, scans lines of code…
Target will reportedly lower the threshold at which store staff can attempt to stop nonviolent theft. In a new guideline expected to be implemented this summer, the retailer has dropped that threshold to $50 from the previous $100,…
With consumers unwilling to trust eCommerce channels to complete their car-buying journeys, the online auto sales industry is seeing shifts. For instance, Bloomberg reported this week that private equity firm Thoma Bravo is looking into…