July 01, 2024
85% of Retailers See Rise in Online Card-Linked Pay Later...
With buy now, pay later (BNPL) plans becoming increasingly accepted across merchant sectors, retailers are proving to be the payment method’s biggest champion. A PYMNTS Intelligence report, “Merchants’ Evolving Perspective...
July 01, 2024
Synchrony: Personalized Financing Strategy Boosts Big-Ticket Commerce
Macroeconomic uncertainty over inflation and interest rates is affecting big-ticket items and leading to shifts among consumers. More homeowners — who have opted not to buy a new residence due...
July 01, 2024
FedEx’s Performance Saves the CE 100 Index From Decline as...
It was a flat week at the end of a flat month for Wall Street as well as the CE 100 Index. The week ending June 28 saw a slight...
June 30, 2024
White House Pauses Student Loan Repayment for 3 Million Borrowers
The Department of Education is reportedly pausing repayments for around 3 million student loan borrowers. The pause comes as the White House defends its new repayment plan against a spate...
June 30, 2024
Financial Services Sector Shows Reluctance to Embrace AI
Artificial intelligence (AI) may cut costs, but financial services companies have reportedly been slow to embrace it. That’s according to a report Sunday (June 30) by the Financial Times (FT),...
June 30, 2024
Swipe Fee Settlement Judge Says $30 Billion Agreement Is ‘Paltry’
Last week, a federal judge rejected Visa and Mastercard’s $30 billion settlement with merchants. Now, new court filings provide more detail about U.S. District Judge Margo Brodie’s rejection of the...
June 28, 2024
Comfi Secures $5 Million Debt Facility to Expand B2B Payments
Dubai-based FinTech Comfi reportedly secured a $5 million debt facility to expand its B2B payment platform and support its launch of an embedded buy now, pay later (BNPL) solution. The...
June 28, 2024
Beyond B2B: How Merchants Use LinkedIn to Reach High-Value Consumers
As businesses look beyond traditional marketing channels to reach and influence consumers, one surprising player that has emerged is LinkedIn, with merchants extending the platform beyond B2B into B2C. Amazon,...
June 28, 2024
Six Flags Launches Roblox Metaverse Experience With Rewards Program
Six Flags, an operator of theme parks and water parks, has launched a metaverse experience on Roblox that includes a rewards program. The Six Flags Metaverse on Roblox offers virtual roller...
Real-time payments already account for at least 15% of B2B payments volume in the insurance, manufacturing and retail industries. PYMNTS Intelligence’s latest study of 500 executives across the retail, insurance, manufacturing and real estate sectors examines how these industries are using real time payments today and their plans for the future. Read more in “The State of Real-Time Payments,” a collaboration with The Clearing House.