PYMNTS News

Consumer Strength Challenged as Spending Drops
Consumer Strength Challenged as Spending Drops
October 01, 2023  |  Consumer Insights

Times are tough for the American consumer, even without new student loan payments. A report Saturday (Sept. 30) by Bloomberg News catalogs the various ills: High gas...

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Report: Revolut Probed Over Transactions From Suspicious Accounts
Report: Revolut Probed Over Transactions From Suspicious Accounts
October 01, 2023  |  Regulation

England’s financial regulator is reportedly examining whether Revolut permitted transactions involving suspicious accounts. Revolut is in discussions with the U.K. Financial Conduct Authority (FCA) over failures that...

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As Third Quarter Ends and Earnings Loom, FinTech Profits Come Into Focus
As Third Quarter Ends and Earnings Loom, FinTech Profits Come Into Focus
September 30, 2023  |  Fintech Investments

As of the close of trading Friday, the third quarter’s in the books. And in just a few weeks, the scoring begins in the form...

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Is AI Rolling the Dice or Draining the Fun From Board Games?
Is AI Rolling the Dice or Draining the Fun From Board Games?
September 30, 2023  |  Artificial Intelligence

If artificial intelligence (AI) couldn’t infiltrate more than enough, it has now made its way into the games we know and love. This week, Mattel...

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High-Income Earners’ Love of Installment Plans Signals Lucrative Opportunity for Merchants
High-Income Earners’ Love of Installment Plans Signals Lucrative Opportunity for Merchants
September 29, 2023  |  Consumer Finance

Credit card installment plans for common purchases are gaining popularity among consumers, who are drawn to the flexibility they offer in managing their spending and...

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Apple Adds Open Banking-Powered Capabilities to iPhone Wallet in UK
Apple Adds Open Banking-Powered Capabilities to iPhone Wallet in UK
September 29, 2023  |  Apple

Apple has reportedly soft launched an iPhone Wallet app integration that provides users in the United Kingdom with their current account balances and transaction histories. This...

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Holiday Shopping’s Logistical Back End Gets AI Boost
Holiday Shopping’s Logistical Back End Gets AI Boost
September 29, 2023  |  Supply Chain

Summer may feel like yesterday, but already, the holiday season is on the horizon. As it gets closer, buyers, suppliers, shippers and carriers all need...

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Sage and Swoop Partner to Help Small Businesses Access Funding
Sage and Swoop Partner to Help Small Businesses Access Funding
September 29, 2023  |  SMBs

Sage, a provider of accounting and financial technology, has partnered with Swoop, a FinTech company specializing in funding solutions, to provide business funding and cost-savings solutions....

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Toys R Us to Add Flagship Stores and Launch Travel Industry Locations
Toys R Us to Add Flagship Stores and Launch Travel Industry Locations
September 29, 2023  |  Retail

Toys R Us is set to undergo a major expansion. Its parent company, WHP Global, has announced a partnership with Go! Retail Group to roll out Toys R Us...

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