July 27, 2024
Doomsday Ready: Costco Aims to Be the Go-To Retailer for...
As many consumers look for ways to ease their doomsday anxieties, Costco is positioning itself as the go-to retailer for consumers who are worried about worst-case scenarios. The warehouse club...
July 26, 2024
3 Big Ideas From the PYMNTS Visa SMBTV Series
In the digital marketplace, the effortless nature of eCommerce transactions masks a complex network of systems designed to ensure a smooth customer experience. While consumers enjoy a seamless process —...
July 26, 2024
India’s Central Bank Fines Visa Over Payment Authentication
The Reserve Bank of India (RBI) said Friday (July 26) that it fined Visa Worldwide Pte. Limited for its use of an unapproved payment authentication solution. “It was observed that...
July 26, 2024
This Week in AI: AI Surge Ignites Global Tech Race...
The artificial intelligence landscape is experiencing a dramatic transformation as tech giants and startups compete for dominance in AI-powered search, robotics and edge computing while regulators rush to adapt. From...
July 26, 2024
AI-Powered Delivery Robots Aim to Slash Costs
A new contender has entered the increasingly crowded field of autonomous delivery robots, hoping to automate last-mile logistics for eCommerce. Bay Area startup Vayu Robotics unveiled its artificial intelligence (AI)-powered delivery robot,...
July 26, 2024
Trade and Antitrust: An End to Isolationism
Antitrust and trade policy tend to operate in silos. Antitrust takes trade and trade policy as an exogenous factor in enforcement and trade policy does the same for market structure,...
July 26, 2024
Amazon and Walmart Tap Imaging Tech to Improve eCommerce Experience
Amazon and Walmart are looking to make the online shopping experience more visual in an effort to boost consumers’ eCommerce engagement. Amazon’s Image Searches Amazon, for its part, has been...
July 26, 2024
Embedded Payments and Virtual Cards Shift B2B Payment Dynamics to...
The rise of business-to-business (B2B) eCommerce platforms is having a big impact on payments as well as buyer-supplier relationships. These online platforms have shifted transactions from paper-based processes and checks...
July 26, 2024
FinTech IPO Index Falls 2%; SoFi’s Galileo Leads With Move...
Only one name in the FinTech IPO Index posted earnings this week, as the overall group was down 1.95% through the past five days. Amid the headlines driving stocks higher...
The U.S., U.K. and Europe are intensifying their efforts to develop and deploy the policies and infrastructure necessary to advance the use cases and real time payments volume of their domestic networks. This month’s “Real-Time Payments World Map,” a collaboration with The Clearing House, explores the progress and future developments of real-time payments across these regions.
Nearly half of consumers in Mexico shop in-store without using digital shopping features — but merchants hear their customers’ cries for a better experience and are planning to add many. PYMNTS Intelligence’s latest 33-page report, the “2024 Global Digital Shopping Index: Mexico Edition,” commissioned by Visa Acceptance Solutions, features eight charts that provide a blueprint for merchants in Mexico to increase customer satisfaction and drive revenue.