Luxury Brands Take eBay Style Pricing Model for Test Drive
Luxury Brands Take eBay Style Pricing Model for Test Drive
March 28, 2023  |  Retail

“Not for you — for everyone,” that’s Telfar’s tagline. It’s a sentiment the luxury label is looking to further through its latest live pricing strategy,...

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PYMNTS Intelligence: Why Omnichannel Personalization Is CUs’ Mandate for 2023
PYMNTS Intelligence: Why Omnichannel Personalization Is CUs’ Mandate for 2023
March 28, 2023  |  Credit Unions

As consumers grow more dependent on seamless self-service and the flexibility of eCommerce, they expect their financial institutions (FIs) to deliver the same kinds of convenient banking innovations...

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Small Banks Lost $109 Billion in Deposits During Banking Crisis
Small Banks Lost $109 Billion in Deposits During Banking Crisis
March 28, 2023  |  Banking

Customers pulled $109 billion from smaller banks during the recent banking crisis. That’s according to recent research by Moody’s Corp., which also shows that larger...

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PYMNTS Intelligence: Exploring Potential Paths Toward BNPL Profitability
PYMNTS Intelligence: Exploring Potential Paths Toward BNPL Profitability
March 28, 2023  |  BNPL

At a time when investors are increasingly risk averse, it is important that buy now, pay later (BNPL) firms — and FinTechs more generally —...

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Report: Generative AI Could Automate 25% of US Jobs
Report: Generative AI Could Automate 25% of US Jobs
March 28, 2023  |  Artificial Intelligence

Advances in artificial intelligence (AI) could eventually impact 300 million jobs worldwide. That’s according to new research released Monday (Mar. 27)  by Goldman Sachs, which...

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Virtual Malls Give Merchants Low-Cost Way to Reach Consumers
Virtual Malls Give Merchants Low-Cost Way to Reach Consumers
March 28, 2023  |  Metaverse

The metaverse is expected to open up a world of opportunities for businesses and is projected to generate up to $2.6 trillion in commerce volume...

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Digital Disbursements and Payouts Chip Away at Killing the Check
Digital Disbursements and Payouts Chip Away at Killing the Check
March 28, 2023  |  Digital Payments

With paper check fraud reportedly doubling in 2022, the need for digital disbursement options has never been more urgent — or more desired by consumers, many of...

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Visa Head of Fraud Services on Protecting Consumers From Hacker Scams
Visa Head of Fraud Services on Protecting Consumers From Hacker Scams
March 28, 2023  |  Fraud Prevention

The good news is that today’s payment landscape is becoming faster, easier, and more digital. The bad news is that fraudsters and cybercriminals are increasingly...

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Consumers Sick of Scattered Payments Credentials — and They Want Banks to Help
Consumers Sick of Scattered Payments Credentials — and They Want Banks to Help
March 28, 2023  |  Digital Payments

Six in 10 consumers use stored payment credentials for subscription payments and shopping online. Even though some consumers painstakingly enter their payment information every time...

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