Two-Thirds of Restaurant Purchases Are Under $20
Two-Thirds of Restaurant Purchases Are Under $20
February 14, 2023  |  Consumer Insights

PYMNTS research reveals that consumers turn to restaurants more for everyday meals than pricey indulgences. The Context In recent years, and especially since the start...

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RBI Monitors Prices of Both Competing Restaurants and Grocers
RBI Monitors Prices of Both Competing Restaurants and Grocers
February 14, 2023  |  Earnings

Amid inflation, RBI keeps watch on not just other QSRs’ pricing but grocers’ as well. Restaurant Brands International, parent company of quick-service restaurant (QSR) giants...

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CFPB: Strong Labor Market and Pandemic Relief Drove Down Collections
CFPB: Strong Labor Market and Pandemic Relief Drove Down Collections
February 14, 2023  |  Debt

A strong labor market and pandemic relief programs helped consumers keep current on their bills. As a result, from 2018 to 2022, the total number...

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Ampler and Kõu Merge to Expand Micromobility in Estonia
Ampler and Kõu Merge to Expand Micromobility in Estonia
February 14, 2023  |  Partnerships / Acquisitions

Estonian micromobility companies Ampler and Kõu Mobility have decided to merge. The companies inked an investment and share-swap agreement that makes Kõu the new majority...

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Restaurants’ Efforts to Absorb Inflation Go Unnoticed by Consumers
Restaurants’ Efforts to Absorb Inflation Go Unnoticed by Consumers
February 14, 2023  |  Consumer Insights

PYMNTS research reveals that restaurants’ moves to absorb food price increases are escaping diners’ notice. Amid inflation, restaurants have been keeping price increases low relative...

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Switzerland’s Taurus Raises $65M to Grow Digital Asset Platform
Switzerland’s Taurus Raises $65M to Grow Digital Asset Platform
February 14, 2023  |  Payment Methods

Taurus has raised $65 million in a Series B round to grow its digital asset platform. The provider of digital asset infrastructure for financial institutions in...

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Digital Banks May Benefit as Consumers Chase High-Yield Savings
Digital Banks May Benefit as Consumers Chase High-Yield Savings
February 14, 2023  |  Digital Banking

There’s never been a better time for digital-first financial institutions (FIs), as customers are pulling their savings from big banks. The opposite seemed true just...

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UK Unemployment Rate Remains Low as ‘Uncertainty’ Grows
UK Unemployment Rate Remains Low as ‘Uncertainty’ Grows
February 14, 2023  |  Economy

Even in the face of a recession, the U.K.’s labor market remains extremely tight. Figures released Tuesday (Feb. 14) by the country’s Office of National...

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Visa and Tingo Debut Super App for Africa’s Farmers
Visa and Tingo Debut Super App for Africa’s Farmers
February 14, 2023  |  Financial Inclusion

Nigerian Agri-FinTech company Tingo has teamed with Visa to launch digital payment offerings in Africa. The partnership, announced in a Tuesday (Feb. 14) news release,...

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