Uninsured deposits have been in the spotlight of the regulatory gaze through the past year and a half. The failure of Silicon Valley Bank and other bouts of financial instability have called attention to these deposits and possible changes to how they’re held at banks....
As consumers seek to balance convenience and cost, alcoholic beverage brands are seeing current economic pressures hamper enthusiasm for beer, wine and spirits delivery. In an interview with PYMNTS for this week’s Shop Talk, Peyton Mason, CFO at craft distillery Laws Whiskey House, which was...
Wendy’s Quality Supply Chain Co-op (QSCC), a purchasing cooperative that services more than 6,400 Wendy’s restaurants in the United States and Canada, teamed with Palantir Technologies to accelerate its digital transformation and adoption of artificial intelligence. Via the partnership, Palantir, a provider of AI systems,...
If you were looking for another reason to appreciate core banking infrastructure, here it is. The buzz within the payments arena may be about instant payments, where we are and where we’re headed with the FedNow® Service now a year old. But as Galileo Financial...
Publicly traded companies are marked to market each and every day. And when quarterly results roll in, investors parse the data, the top line and the operating margins, and often measure success with each and every earnings report. For NCR Voyix, the company’s sale of...
PayPal’s one-click-checkout tool Fastlane is now available for U.S. businesses of all sizes. The company announced Tuesday (Aug. 6) that the program — first introduced in January — is now open for any businesses using PayPal’s Complete Payments or Braintree platforms. “Merchants often lose sales...
About three-quarters of the international purchases made in Paris during the first weekend of the Olympic Games were made with contactless payments. Seventy-eight percent of those purchases were contactless, a figure that was 9% higher than that for the same weekend a year earlier, Visa said...
X is reportedly getting closer to introducing a payment service. The social media platform and aspiring “everything app” is working on adding a “Payments” button to the navigation bar, TechCrunch reported Tuesday (Aug. 6), citing a post on X by independent app researcher Nima Owji....
Instacart has launched a SNAP/EBT-focused partnership with Walgreens. The collaboration, announced Tuesday (Aug. 6), will offer online SNAP/EBT payment acceptance at more than 7,500 Walgreens stores nationwide, including 100-plus Duane Reade locations in New York, letting customers purchase thousands of SNAP-eligible products for same-day delivery...
