PYMNTS News

Gen Z Shows Resilience to Inflation but Adjusts Shopping Habits
Gen Z Shows Resilience to Inflation but Adjusts Shopping Habits
December 20, 2023  |  Consumer Insights

Gen Z, born in the late 1990s, is considered the first digitally native generation, with a greater inclination toward online shopping and digital activities and...

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Claim Debuts Rewards-Based Social Network With $4 Million in Funding
Claim Debuts Rewards-Based Social Network With $4 Million in Funding
December 20, 2023  |  Investments

Rewards-based social network Claim has emerged from stealth with $4 million in new funding. The company announced the seed round on its blog Wednesday (Dec. 20), as well as...

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Soum Raises $18 Million to Expand ReCommerce in MENA
Soum Raises $18 Million to Expand ReCommerce in MENA
December 20, 2023  |  eCommerce

ReCommerce platform Soum has raised $18 million to expand through the Middle East. The company, founded in Saudi Arabia in 2021, now hopes to extend its business into...

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SiriusXM Sued Over ‘Burdensome’ Cancellation Process by NY AG
SiriusXM Sued Over ‘Burdensome’ Cancellation Process by NY AG
December 20, 2023  |  Subscriptions

A new lawsuit accuses SiriusXM of making it too hard for customers to cancel subscriptions. The suit, filed against the satellite radio service Wednesday (Dec. 20) by...

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Just Eat Takeaway.com Testing In-Car Apps for Placing Orders 
Just Eat Takeaway.com Testing In-Car Apps for Placing Orders 
December 20, 2023  |  Transportation

Online food delivery marketplace Just Eat Takeaway.com is testing in-car applications that will let drivers use their car screen to place orders.  The Amsterdam-based firm is collaborating...

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Apple Payment Services Restored After Short Outage
Apple Payment Services Restored After Short Outage
December 20, 2023  |  Apple

A number of Apple’s payment features were down for part of Wednesday (Dec. 20) morning. The company’s Card, Cash, Pay and Wallet systems were down between 6:15 a.m. and...

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Grocers’ Competition for Digital SNAP Spending Heats Up
Grocers’ Competition for Digital SNAP Spending Heats Up
December 20, 2023  |  eCommerce

As grocers look to close the digital adoption tab between higher- and lower-income consumers, leading players in the space are increasingly adding new options for Supplemental...

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Retail Merchants Focus on Loyal Subscribers to Shore Up Sales
Retail Merchants Focus on Loyal Subscribers to Shore Up Sales
December 20, 2023  |  Subscriptions

In the last two years, due to persistent inflation and consumers returning to normal life, retail product subscriptions have steadily decreased from pandemic boom times...

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Lawmakers Seek Delay on Beneficial Ownership Rules Affecting Small Businesses
Lawmakers Seek Delay on Beneficial Ownership Rules Affecting Small Businesses
December 20, 2023  |  SMBs

A group of Republican lawmakers wants the government to delay new small business reporting requirements. Starting Jan. 1, many businesses will be required to provide...

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