Elon Musk’s decision to remove headlines from X’s news links was apparently short-lived. The multibillionaire social media mogul announced in October that the platform — formerly known as Twitter — would no longer include headlines with links to news stories. But as Bloomberg News reported Tuesday...
Two financial industry groups say proposed consumer financial data rules don’t go far enough. The Clearing House Association and the Bank Policy Institute submitted recommendations to the Consumer Financial Protection Bureau (CFPB) on Friday in response to a proposed rule governing how banks, data aggregators and...
HSBC is reportedly readying a global payments app to take on companies like Wise and Revolut. Dubbed Zing, the app will first be offered in Great Britain, though the CEO of the bank’s personal banking operation told Bloomberg News on Tuesday (Jan. 2) that the plan...
Uniqlo wants to grow by selling good-quality apparel at affordable prices. That’s the stance the Japanese retailer is taking when it comes to securing its spot in the world of consumers and fast fashion. The move comes as consumers are increasingly examining where and how...
A few years ago, many consumers focused on enhancing their beauty routines, setting up home offices, and engaging in at-home fitness activities, with companies like Mirror, Peloton and Tonal gaining popularity due to the pandemic. The trend prompted brands and retailers to emphasize health and...
Digital technologies are being built to help solve one of the key challenges facing the construction industry: delayed payments. The construction industry’s days sales outstanding (DSO) stands at 94 days, according to “Under Construction: Improving Payments in the Construction Industry,” a PYMNTS and Ingo Money...
One might expect consumers of older generations, such as baby boomers and seniors, to be most loyal to brands or stores where they shop. These consumers can have built familiarity and comfort with brands for a longer time and may be reluctant to explore new...
Before the pandemic, over half of business payments were done by paper check. But that iceberg of inertia that was freezing innovation within B2B payments is slowly starting to melt under the heat of new necessities around enhancing liquidity and improving cash flow visibility. Payments...
B2B payment platform OnlineCheckWriter.com has expanded its cloud banking service to provide entrepreneurs and freelancers in Oman with the ability to open a U.S. account remotely. This expansion aims to facilitate effortless payments to U.S. vendors, affiliates, employees and partners globally, allowing Omani businesses to...
