News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

(source: pymnts.com)

Report: Fed’s Emergency Lending Program Providing ‘Easy Money’ to Banks
Report: Fed’s Emergency Lending Program Providing ‘Easy Money’ to Banks
January 10, 2024  |  Banking

The Federal Reserve’s emergency lending program, known as the Bank Term Funding Program (BTFP), has reportedly become a source of “easy money” for banks. Established...

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Coffee Subscriptions Can Yield Double-Digit Transaction Growth for QSRs
Coffee Subscriptions Can Yield Double-Digit Transaction Growth for QSRs
January 10, 2024  |  Subscriptions

As more coffee shop chains try out beverage subscriptions to boost traffic, new data suggests that these programs can drive significant increases in customer frequency....

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Amazon Cutting Hundreds of Jobs in Prime Video and Studios
Amazon Cutting Hundreds of Jobs in Prime Video and Studios
January 10, 2024  |  Amazon

Amazon is laying off hundreds of employees across its Prime Video and Amazon MGM Studios organization. The cuts follow the organization’s year-long review of every...

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Weave Introduces ACH Direct Debit Payments for Patients
Weave Introduces ACH Direct Debit Payments for Patients
January 10, 2024  |  Healthcare

  Weave, a platform for small and medium-sized healthcare businesses, has announced the integration of ACH debit payments into its product suite. This new addition...

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Affluent Consumers Value Security and Rewards When Choosing Credit Cards
Affluent Consumers Value Security and Rewards When Choosing Credit Cards
January 10, 2024  |  Credit Cards

In today’s challenging economic environment, understanding how consumers use credit cards is important. While struggling consumers tend to use credit cards to better manage their...

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2024: A Pivotal Shift for Instant Payments
2024: A Pivotal Shift for Instant Payments
January 10, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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Andaria Taps Mastercard to Enhance Embedded Finance Solutions
Andaria Taps Mastercard to Enhance Embedded Finance Solutions
January 10, 2024  |  B2B Payments

FinTech company Andaria has partnered with Mastercard to strengthen its embedded finance proposition. This strategic collaboration will enhance the quality of Andaria’s card and payment...

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Apple Removes Binance From Indian App Store Amid Crypto Crackdown
Apple Removes Binance From Indian App Store Amid Crypto Crackdown
January 10, 2024  |  Cryptocurrency

Apple reportedly removed Binance and seven other cryptocurrency platforms from its Indian App Store. The move, requested by the Indian government, marks an escalation in...

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Consumers Look at Security First, Fees Second When Opening a Bank Account
Consumers Look at Security First, Fees Second When Opening a Bank Account
January 10, 2024  |  Banking

After two years of persistent inflation and economic uncertainty, consumers have adopted a range of conservative attitudes across consumer products and services. This includes seeking...

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