News

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

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30% of Gen Z Consumers Shop by Voice Every Week
30% of Gen Z Consumers Shop by Voice Every Week
July 18, 2024  |  Voice Activation

Voice technology is revolutionizing the way consumers shop, with a significant portion of the global population embracing this modern convenience, as young consumers lead the...

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Small Business-Focused FinTech Wamo Raises $5 Million
Small Business-Focused FinTech Wamo Raises $5 Million
July 18, 2024  |  Investments

London-based FinTech wamo has raised $5 million to develop small to medium-sized business (SMB)-focused banking solutions. In addition to the growth investment, CEO and founder Yanki Onen said on...

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CFPB Says Earned Wage Access Programs Are Consumer Loans
CFPB Says Earned Wage Access Programs Are Consumer Loans
July 18, 2024  |  CFPB

Regulators are painting several types of lending products with a broad brush, bringing an ever-widening swath of lenders under federal purview. Fresh off its rulemaking...

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Cash App Integrates With Google Play to Attract Gamers
Cash App Integrates With Google Play to Attract Gamers
July 18, 2024  |  Digital Payments

Cash App has integrated with Google Play to offer more checkout options on Android devices. The partnership, announced Thursday (July 18), is designed to help...

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Bank of England: CHAPS Payment System Service Restored After Outage
Bank of England: CHAPS Payment System Service Restored After Outage
July 18, 2024  |  Payment Methods

The Bank of England said Thursday (July 18) that a global payments issue that was affecting CHAPS, the United Kingdom’s high-value payment system, is now resolved. “We...

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Domino’s Loyalty Refresh Doubles Members’ Pickup Orders Amid Consumer Hesitance
Domino’s Loyalty Refresh Doubles Members’ Pickup Orders Amid Consumer Hesitance
July 18, 2024  |  Loyalty & Rewards

As consumers cut back their overall spending, Domino’s has been able to get its loyalty members to buy more by offering more effective rewards. On...

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Brightfin Debuts Gen Z-Focused Financial Wellness App
Brightfin Debuts Gen Z-Focused Financial Wellness App
July 18, 2024  |  Personal Finance

Brightfin has debuted its financial wellness app, aimed at helping younger consumers. “Younger generations think about money differently. Gen Z and Millennials don’t necessarily have the...

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Coast Raises $40 Million to Expand Solutions for Fleet Payments
Coast Raises $40 Million to Expand Solutions for Fleet Payments
July 18, 2024  |  Investments

Coast has raised $40 million in new Series B financing to accelerate adoption of its solutions for fleet payments. The company will use the new...

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Prime Day Sales Climb 11% as Shoppers Spend $14 Billion, Setting Record
Prime Day Sales Climb 11% as Shoppers Spend $14 Billion, Setting Record
July 18, 2024  |  Amazon

American shoppers reportedly spent $14.2 billion during Amazon’s Prime Day event, setting a record for the number of items purchased. That’s an 11% increase over...

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