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Economy

PYMNTS - Economy

9 | Follower

PYMNTS

23.11.2024

Fraudsters Shift Tactics to Financial Institution Customers

As financial institutions (FIs) fortify their defenses against fraud, criminals are turning to a new weak spot: the customers themselves.

PYMNTS

23.11.2024

Digital Wallets Gain Traction: Nearly Half of US Consumers Tap In

Despite widespread use for payments, U.S. consumers have yet to fully embrace the broader capabilities of digital wallets.

PYMNTS

23.11.2024

Leading Indicators: Bumpy Holiday Season for Consumers

Leading indicators as defined by The Conference Board point to a lackluster economic performance ahead of the holiday season.

PYMNTS

23.11.2024

High Interest Rates Affect Main Street Lending Program Borrowers

The Federal Reserve’s pandemic-era Main Street Lending Program had $1.23 billion in interest and principal payments in default as of Oct. 31.

PYMNTS

23.11.2024

Judge Rules SiriusXM Must Make It Easier to Cancel Subscriptions

A New York state judge ruled Thursday (Nov. 21) that SiriusXM must change its subscription cancellation policies and pay unspecified damages.

PYMNTS

23.11.2024

Lenovo Adds Klarna’s Flexible Payment Methods

Lenovo is now enabling shoppers in 15 European countries to use Klarna’s flexible payment methods for purchases on its website.

PYMNTS

23.11.2024

Treasury Official: US Drives Innovation for Cross-Border Payments

The U.S. is working to keep the dollar as the dominant currency, the Department of the Treasury's Brent Neiman said Tuesday (Nov. 19).

PYMNTS

23.11.2024

Cards Make Gains in B2B Payments, But Paper Checks Linger

Three-quarters of businesses still rely on paper checks to pay and be paid, but there has been growing card use — especially virtual cards.

PYMNTS

23.11.2024

Ross Stores: ‘Treasure Hunt Environment’ Drives Store Sales

Ross Stores aims to draw customers and drive sales by offering value and a “treasure hunt environment,” executives said.

PYMNTS

23.11.2024

Retro Revival: Nostalgic Tech Is Making a Comeback

The PYMNTS Weekender busts out its VHS player and takes a trip into the past as retro technology, from emoji pagers to 8-bit gaming, returns.

PYMNTS

22.11.2024

Ingo Payments CEO Takes Aim at ‘FBO Account and Move On’

Ingo Payments CEO Drew Edwards tells Karen Webster there’s such a thing as “improper simplicity," and how it's hurting FinTechs.

PYMNTS

22.11.2024

Data-Driven Paradigms Future-Proof Security Management

Three experts discuss how the integration of computing innovations and more are essential elements of 21st century payments best practices.

PYMNTS

22.11.2024

Why Complexity Is the Enemy of the Sale

John Beisner of Splitit says the simplest way to embrace BNPL — and up conversion — is to bring interest-free installments to credit cards.

PYMNTS

22.11.2024

Fraud Prevention Strategies A Must as Scam Threats Increase

Fraudsters are using more sophisticated tech to scam consumers, but FIs are countering these attacks with their own advanced fraud tools.

PYMNTS

22.11.2024

Two-Thirds of French Digital Wallets Are for Anything but Payments

Digital wallets are becoming part of daily life for French consumers, with 38% using them for online shopping.

PYMNTS

22.11.2024

Treasurer Roles Drive Financial Gains in Healthcare Firms

A savvy treasurer can benefits healthcare companies when companies remove the barriers blocking involvement in strategic decision-making.

PYMNTS

22.11.2024

OpenAI Considers Adding Web Browser and Search Partnerships

OpenAI reportedly has considered developing a web browser and powering search features for partners as it looks to expand its reach.

PYMNTS

22.11.2024

Adyen Supports Spendesk’s Spend Management Platform

Spendesk aims to strengthen its offer in core markets and support the global growth with its new partnership with FinTech platform Adyen.

PYMNTS

22.11.2024

How Banks Can Meet Customer Expectations in Lending

Amount VP Eric Lee tells PYMNTS how banks and credit unions can ensure they are meeting customer expectations in digital banking and lending.

PYMNTS

22.11.2024

FinTech IPO Index Surges 3.8% as Lemonade, Affirm Grow

Tech stocks got a lift this week from earnings, and the FinTech IPO Index was no exception; the overall Index was up 3.8%.

PYMNTS

21.11.2024

Report: Elon Musk’s xAI Raises $5 Billion and Doubles Valuation

Elon Musk’s AI startup xAI has raised $5 billion in a funding round, valuing the company at $50 billion, double its value this past spring.

PYMNTS

21.11.2024

Want Revenue? Cut the Friction

Companies aiming to grow revenue can simplify how they operate, Sovos President of Revenue Alice Katwan writes in a new PYMNTS eBook.

PYMNTS

21.11.2024

47% of Brazilians Use Digital Wallets for Bill Payments

PYMNTS Intelligence shows how Brazilians are embracing digital wallets for a wide range of activities — well beyond eCommerce.

PYMNTS

21.11.2024

Report: Nubank Considers Moving Legal Base to UK

Nubank — the digital bank that became the most valuable bank in Latin America — reportedly is considering moving its legal base to the U.K.

PYMNTS

21.11.2024

After Revenue Jump, Nvidia CEO Says There's Room to Scale

After posting a 94% revenue increase, Nvidia CEO Jensen Huang addressed his company’s prospects for further growth.

PYMNTS

21.11.2024

Microsoft Ramps Up Workplace Automation With ‘Copilot Actions’

Microsoft debuted new AI tools to build custom digital workers for office tasks. Its Microsoft 365 Copilot now includes "Copilot Actions."

PYMNTS

21.11.2024

Note to Retail: Keep Shopping Simple if You Want Consumers

In the “What’s Next In Payments,” series, Bob Legters of Paysafe says data and consumer-facing communications simplify omnichannel commerce.

PYMNTS

21.11.2024

Pay Later Options Drive Higher Holiday Spend for 60M Shoppers

The holiday season is upon us, and consumers are spending more at merchants showcasing pay later solutions during the shopping journey.

PYMNTS

21.11.2024

Back Office Takes Front Row as Firms Automate B2B Payments

Finexio's Chris Wyatt tells PYMNTS that savvy companies view AP as a key to unlocking efficiency and digital transformation in B2B payments.

PYMNTS

21.11.2024

Discord Grows a Central Hub of Social Gaming

With its focus on communication and cross-platform integration, Discord is reimagining social gaming, driving engagement and creativity.

PYMNTS

20.11.2024

High-Income Shoppers Load Up Their Grocery Carts at Walmart

Walmart’s same-store sales growth and surging eCommerce operations trace their momentum to high-income shoppers focused on value.

PYMNTS

20.11.2024

Financial Institutions Face Surge in Check Fraud

Banks, credit unions and brokerages are racing to keep up with a surge in check fraud as tips for committing the crime circulate online.

PYMNTS

20.11.2024

Discover Global Network: Future Payment Strategy is Digital

Discover Global Network's Jenn Cruz said FIs and enterprises must take note of how AI and Big Data can protect entire payments ecosystems.

PYMNTS

20.11.2024

For Retailers, Data Simplicity Is All About the SKU

Vish Shastry of Banyan tells PYMNTS about the ways item-level transaction data and data normalization are redefining business strategies.

PYMNTS

20.11.2024

AI and Fraud Defense Innovations Set to Improve B2B Payments

Data can help businesses retain customers and drive revenue, Fiserv SVP and GM Casey Klyszeiko writes in a new PYMNTS eBook.

PYMNTS

20.11.2024

Citi Sees Blockchain at Center of Borderless Commerce Initiative

Tony McLaughlin of Citi Services discusses why blockchain and stablecoins will likely complement existing systems like Swift.

PYMNTS

20.11.2024

Santander Launches Openbank Digital Bank in Mexico

Santander’s fully digital bank, Openbank, launched in Mexico with no minimum balances, no fees and competitive interest rates.

PYMNTS

20.11.2024

CFPB: Student Loan Servicers’ Errors ‘Completely Unacceptable’

The CFPB is seeing cases in which student loan servicers are withdrawing incorrect amounts from borrowers’ bank accounts and other errors.

PYMNTS

20.11.2024

CEO: Behavioral Analytics Makes ROI Case for Scam-Fighting

David Excell, CEO of Featurespace, tells PYMNTS that cloud-based risk management and fraud fighting helps banks spot anomalous transactions.

PYMNTS

20.11.2024

Fiserv and ADP Partner to Build SMB Management Platform

Fiserv and ADP have partnered to offer U.S. small businesses a management system for payroll, cash management and payments.

home›PYMNTS›Economy

PYMNTS - Economy

Fraudsters Shift Tactics to Financial Institution Customers

Digital Wallets Gain Traction: Nearly Half of US Consumers Tap In

Leading Indicators: Bumpy Holiday Season for Consumers

High Interest Rates Affect Main Street Lending Program Borrowers

Judge Rules SiriusXM Must Make It Easier to Cancel Subscriptions

Lenovo Adds Klarna’s Flexible Payment Methods

Treasury Official: US Drives Innovation for Cross-Border Payments

Cards Make Gains in B2B Payments, But Paper Checks Linger

Ross Stores: ‘Treasure Hunt Environment’ Drives Store Sales

Retro Revival: Nostalgic Tech Is Making a Comeback

Ingo Payments CEO Takes Aim at ‘FBO Account and Move On’

Data-Driven Paradigms Future-Proof Security Management

Why Complexity Is the Enemy of the Sale

Fraud Prevention Strategies A Must as Scam Threats Increase

Two-Thirds of French Digital Wallets Are for Anything but Payments

Treasurer Roles Drive Financial Gains in Healthcare Firms

OpenAI Considers Adding Web Browser and Search Partnerships

Adyen Supports Spendesk’s Spend Management Platform

How Banks Can Meet Customer Expectations in Lending

FinTech IPO Index Surges 3.8% as Lemonade, Affirm Grow

Report: Elon Musk’s xAI Raises $5 Billion and Doubles Valuation

Want Revenue? Cut the Friction

47% of Brazilians Use Digital Wallets for Bill Payments

Report: Nubank Considers Moving Legal Base to UK

After Revenue Jump, Nvidia CEO Says There's Room to Scale

Microsoft Ramps Up Workplace Automation With ‘Copilot Actions’

Note to Retail: Keep Shopping Simple if You Want Consumers

Pay Later Options Drive Higher Holiday Spend for 60M Shoppers

Back Office Takes Front Row as Firms Automate B2B Payments

Discord Grows a Central Hub of Social Gaming

High-Income Shoppers Load Up Their Grocery Carts at Walmart

Financial Institutions Face Surge in Check Fraud

Discover Global Network: Future Payment Strategy is Digital

For Retailers, Data Simplicity Is All About the SKU

AI and Fraud Defense Innovations Set to Improve B2B Payments

Citi Sees Blockchain at Center of Borderless Commerce Initiative

Santander Launches Openbank Digital Bank in Mexico

CFPB: Student Loan Servicers’ Errors ‘Completely Unacceptable’

CEO: Behavioral Analytics Makes ROI Case for Scam-Fighting

Fiserv and ADP Partner to Build SMB Management Platform

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