Entersekt Buys Modirum’s 3DS Solutions to Boost Scale and Authorization Rates
Entersekt Buys Modirum’s 3DS Solutions to Boost Scale and Authorization Rates
December 12, 2023  |  Acquisitions

“In the world of payments,” Schalk Nolte, CEO of Entersekt, said to PYMNTS, authentications for internet-based commerce and mobile banking “have not been connected at...

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Tax Reporting Season Updates and Digital IDs Present Challenges for Businesses
Tax Reporting Season Updates and Digital IDs Present Challenges for Businesses
December 12, 2023  |  Taxes

Wendy Walker, solution principal at Sovos, said changes to IRS reporting that help identify firms may catch some businesses unaware.  As Walker illustrated in a...

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Issuers and Merchant Collaborate to Thwart Fraudsters and Accept ‘Good’ Transactions
Issuers and Merchant Collaborate to Thwart Fraudsters and Accept ‘Good’ Transactions
December 12, 2023  |  Fraud Prevention

Jeff Gipson, director of payment product management at Discover® Global Network, told PYMNTS in a recent interview that the intensity of fraudsters’ attacks on all parts...

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Mobile Wallet Users Report Higher Satisfaction for Bill Payments
Mobile Wallet Users Report Higher Satisfaction for Bill Payments
December 12, 2023  |  Mobile Wallets

The more often consumers use mobile wallets to pay their bills, PYMNTS Intelligence reveals, the more satisfied they are with the experience.  The report, “Digital...

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How Cash Flow Insights Are Building Tomorrow’s Credit Products
How Cash Flow Insights Are Building Tomorrow’s Credit Products
December 12, 2023  |  Loans

The lending landscape is undergoing a system-level shift that promises to benefit both borrowers and lenders. FinTech innovations, and an evolving mindset within the industry,...

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Paymentology Names Marqeta’s Jeff Parker as New CEO
Paymentology Names Marqeta’s Jeff Parker as New CEO
December 12, 2023  |  Personnel

U.K. card issuer Paymentology has named Marqeta veteran Jeff Parker as its new CEO. Parker, who stepped down as managing director of Marqeta last month, will succeed interim Co-CEOs Abe Smith...

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Report: Amazon Drone Delivery Program Executive Departs Company
Report: Amazon Drone Delivery Program Executive Departs Company
December 11, 2023  |  Amazon

Amazon’s drone delivery program has reportedly lost Sean Cassidy, its head of safety, flight operations and regulatory affairs. Cassidy played a crucial role in obtaining regulatory...

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Cash-Strapped UK Shoppers Choose Chocolate Over Toys as Gifts
Cash-Strapped UK Shoppers Choose Chocolate Over Toys as Gifts
December 11, 2023  |  Retail

Nestle, the maker of Quality Street, and Mondelez, the owner of Cadbury, are experiencing increased sales of confectionery in the United Kingdom this holiday season. Cash-strapped shoppers, looking...

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Hasbro to Cut 900 Positions as Toy Industry Headwinds Continue
Hasbro to Cut 900 Positions as Toy Industry Headwinds Continue
December 11, 2023  |  Retail

Toy company Hasbro will be laying off another 900 people, about a year after saying it would eliminate 1,000 positions from its global workforce. The latest job...

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