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Economy

PYMNTS - Economy

9 | Follower

PYMNTS

12.03.2025

Stitch Fix: AI Recommendations Boost Keep Rates and Satisfaction

Stitch Fix said the online personal styling service’s proprietary AI merchandising tool is contributing to improved inventory management.

PYMNTS

12.03.2025

Bank Technology Races to Keep Pace With Today’s Business

Galileo’s Michael Haney and KeyBank’s Dan Williams discuss real-time speed, data-driven insights and composable infrastructure in banking.

PYMNTS

12.03.2025

UK’s Starmer Axes Payment Systems Regulator

U.K. Prime Minister Keir Starmer announced plans to abolish the Payment Systems Regulator and fold it into the Financial Conduct Authority.

PYMNTS

12.03.2025

Turning Digital Bill Presentment Into the Next Consumer Touchpoint

Norman Marraccini of FIS discusses why digital bill presentment is becoming a touch point for customer engagement and business growth.

PYMNTS

12.03.2025

Nuvei: LatAm Beckons to eCommerce Companies ‘Going Local’

Nuvei's Juan Soto tells PYMNTS that a local approach to the LatAm's hypergrowth eCommerce markets can ensure merchant success.

PYMNTS

12.03.2025

As Frauds Get Faster, Consumers Benefit From Banks’ Defenses

Fraudsters are inventive and relentless, and faster payments are like catnip. Customers are banking on banks’ use of AI.

PYMNTS

12.03.2025

Subprime Borrowers Seek to Improve Their Credit Scores

From secured credit cards to BNPL and personal loans, there are ways for subprime individuals to boost their standing.

PYMNTS

12.03.2025

Trump Says Higher Tariffs Will Draw More Manufacturing to US

President Donald Trump said the tariffs his administration is imposing will pay off in investments in American factories and jobs.

PYMNTS

12.03.2025

60% of Treasurers See Role as Financial GPS in Transportation

PYMTNS Intelligence finds that within the transportation sector specifically, treasury functions remain underused and misunderstood.

PYMNTS

12.03.2025

LoanDepot Originations Surge, CEO Says Housing ‘Challenged’

Despite surging loan volumes, loanDepot still sees a challenging mortgage market, but is banking on joint ventures with homebuilders.

PYMNTS

11.03.2025

Old-School Billing Is Creating a Construction Industry Cash Crunch

The construction industry has long been plagued by cash flow challenges, but B2B payment innovations like virtual cards hold the solution.

PYMNTS

11.03.2025

Amazon Tops 30% Market Share for Electronics

Amazon’s growth across key retail sectors, including electronics, apparel and food, highlights its expanding lead in discretionary spending.

PYMNTS

11.03.2025

Australia and Brazil’s Shared Vision for the Future of Checkout

Mastercard execs Surin Fernando and Guida Sousa tell PYMNTS why payments innovators should pay particular attention to Brazil and Australia.

PYMNTS

11.03.2025

Report: Apple to Make Big Changes to Operating Systems

Apple reportedly is planning its most significant upgrade to the Mac since 2020 and to the iPhone since 2013.

PYMNTS

11.03.2025

Airbnb CBO: AI Will Enable a ‘Concierge in Your Pocket’

Airbnb Chief Business Officer Dave Stephenson says AI is an “incredibly high priority,” enabling a “concierge in your pocket.”

PYMNTS

11.03.2025

Delta Air Lines Cuts Guidance, Citing Lower Consumer Confidence

Delta Air Lines said macro uncertainty has softened demand in the domestic market, and revised its March quarter outlook downward.

PYMNTS

11.03.2025

Will Macro Pressures and ‘FICO Creep’ Be a Boon for BNPL?

Macro pressures, rising credit delinquencies may mean that FICO scores creep downward and are not accurate predictors of repayment.

PYMNTS

11.03.2025

Credit Unions Turn to Members to Help Shape Innovation

Credit unions that seek to innovate often find the easiest path to success is to test features with their members first.

PYMNTS

11.03.2025

Report: Papaya Global Adds Citi as Sponsor Bank

Payroll payments provider Papaya Global reportedly added Citibank as a sponsor bank, joining the company’s other sponsor, JPMorgan Chase.

PYMNTS

11.03.2025

Real-Time Payments Are Expanding and Upgrading

Higher transaction limits, digital wallet integrations and infrastructure upgrades are accelerating real-time payments adoption.

PYMNTS

10.03.2025

80% of Pay-by-Bank Users Report Better Data Security

PYMNTS Intelligence found that pay-by-bank adoption is leading to enhanced data security and reduced cart abandonment for 80% of businesses.

PYMNTS

10.03.2025

FTX's Sam Bankman-Fried Reportedly Lobbying Trump for Pardon

Cryptocurrency-wunderkind-turned-convicted-fraudster Sam Bankman-Fried is reportedly seeking a pardon from the Trump administration.

PYMNTS

10.03.2025

Facebook Marketplace Keeps Younger Users Tuned to Platform

Just 32% of American teeangers use Facebook today — down from 71% a decade ago. Still, Facebook Marketplace remains a draw.

PYMNTS

10.03.2025

CE 100 Index Plunges 4.3% as Payment and Banking Names Slide

Markets plunged amid tariff volatility, uncertainty and a slowing job market — and the CE 100 Index was no exception.

PYMNTS

10.03.2025

Diners Haven't Lost Appetite for Restaurants Despite High Prices

National Restaurant Association data showing that January restaurant sales came to $98.6 billion, almost $2 billion higher year over year.

PYMNTS

10.03.2025

Banks Outmaneuver Fraudsters by Beefing Up Human Intelligence

The financial institutions that succeed in fighting fraudsters will be those that best understand the human vulnerabilities at play.

PYMNTS

10.03.2025

DOJ: Google Can Keep AI Investments but Must Sell Chrome

DOJ has dropped its bid to force Google to sell its AI investments, but is still seeking to compel it to sell its Chrome browser.

PYMNTS

10.03.2025

Altman's World Looks to Challenge X in Everything App Arena

World — Sam Altman’s other, non-OpenAI startup — is working on a super app that would compete with Elon Musk’s X.

PYMNTS

10.03.2025

What FinTech Regulation and Trucking Have in Common

Justin Grooms, President of Bolt, says changes in regulation will support transparency that can give rise to new FinTech use cases.

PYMNTS

10.03.2025

CVS Plans Chain of Smaller-Footprint Pharmacy-Focused Stores

CVS is reportedly opening 12 smaller-footprint locations focused more on healthcare than consumer products.

PYMNTS

08.03.2025

Report: Kraken May Go Public as Soon as Q1 2026

The cryptocurrency exchange Kraken is reportedly preparing to go public as soon as the first quarter of 2026.

PYMNTS

08.03.2025

Shift to Gig Economy Evident as Labor Market Cools

Jobs added in February were below expectations, and more workers were moving to part time and gig status, according to new BLS data.

PYMNTS

08.03.2025

Reflection AI Raises $130 Million for Autonomous Coding Systems

AI startup Reflection AI emerged from stealth Friday (March 7), saying it is focused on building autonomous coding systems.

PYMNTS

08.03.2025

January Data Shows Muted Pace of Spending on Credit Cards

January’s growth in overall credit decelerated from December’s surge, but the growth still adds to the monthly obligation facing consumers.

PYMNTS

08.03.2025

Week in AI: Google Search’s ‘AI Mode,’ T-Mobile Parent’s AI Phone

This week’s top artificial intelligence news includes Gap embracing AI and Amazon developing a cheaper reasoning model.

PYMNTS

08.03.2025

DOGE Wins Court Battle But Is Blocked From Payment System

The Department of Government Efficiency (DOGE) won a court battle but is barred from the Treasury payment system by an earlier ruling.

PYMNTS

08.03.2025

Trump’s Crypto Summit Heavy on Victory Laps, Light on Regulation

Crypto industry executives met in the White House for the Crypto Summit, with Trump saying he hoped regulations would arrive before August.

PYMNTS

08.03.2025

Revolut and Visa Challenge UK Proposal to Cap Interchange Fees

Revolut and Visa reportedly filed legal challenges against the U.K.’s Payment Systems Regulator (PSR) over its proposed interchange fee cap.

PYMNTS

08.03.2025

Apple’s ‘Fear of Not Being Perfect’ Hampers Siri Revamp

When Apple announced some AI improvements to Siri are delayed, Luc Julia, who co-designed the first Siri, told PYMNTS he wasn’t surprised.

PYMNTS

08.03.2025

AI’s Eye-Popping Price Tags: The New Tech Gold Rush

The AI world is hitting our wallets with prices that might make even Wall Street veterans do a double take.

home›PYMNTS›Economy

PYMNTS - Economy

Stitch Fix: AI Recommendations Boost Keep Rates and Satisfaction

Bank Technology Races to Keep Pace With Today’s Business

UK’s Starmer Axes Payment Systems Regulator

Turning Digital Bill Presentment Into the Next Consumer Touchpoint

Nuvei: LatAm Beckons to eCommerce Companies ‘Going Local’

As Frauds Get Faster, Consumers Benefit From Banks’ Defenses

Subprime Borrowers Seek to Improve Their Credit Scores

Trump Says Higher Tariffs Will Draw More Manufacturing to US

60% of Treasurers See Role as Financial GPS in Transportation

LoanDepot Originations Surge, CEO Says Housing ‘Challenged’

Old-School Billing Is Creating a Construction Industry Cash Crunch

Amazon Tops 30% Market Share for Electronics

Australia and Brazil’s Shared Vision for the Future of Checkout

Report: Apple to Make Big Changes to Operating Systems

Airbnb CBO: AI Will Enable a ‘Concierge in Your Pocket’

Delta Air Lines Cuts Guidance, Citing Lower Consumer Confidence

Will Macro Pressures and ‘FICO Creep’ Be a Boon for BNPL?

Credit Unions Turn to Members to Help Shape Innovation

Report: Papaya Global Adds Citi as Sponsor Bank

Real-Time Payments Are Expanding and Upgrading

80% of Pay-by-Bank Users Report Better Data Security

FTX's Sam Bankman-Fried Reportedly Lobbying Trump for Pardon

Facebook Marketplace Keeps Younger Users Tuned to Platform

CE 100 Index Plunges 4.3% as Payment and Banking Names Slide

Diners Haven't Lost Appetite for Restaurants Despite High Prices

Banks Outmaneuver Fraudsters by Beefing Up Human Intelligence

DOJ: Google Can Keep AI Investments but Must Sell Chrome

Altman's World Looks to Challenge X in Everything App Arena

What FinTech Regulation and Trucking Have in Common

CVS Plans Chain of Smaller-Footprint Pharmacy-Focused Stores

Report: Kraken May Go Public as Soon as Q1 2026

Shift to Gig Economy Evident as Labor Market Cools

Reflection AI Raises $130 Million for Autonomous Coding Systems

January Data Shows Muted Pace of Spending on Credit Cards

Week in AI: Google Search’s ‘AI Mode,’ T-Mobile Parent’s AI Phone

DOGE Wins Court Battle But Is Blocked From Payment System

Trump’s Crypto Summit Heavy on Victory Laps, Light on Regulation

Revolut and Visa Challenge UK Proposal to Cap Interchange Fees

Apple’s ‘Fear of Not Being Perfect’ Hampers Siri Revamp

AI’s Eye-Popping Price Tags: The New Tech Gold Rush

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