PYMNTS News

Walmart Apparel EVP: We Can Make Luxury Fashion Affordable
Walmart Apparel EVP: We Can Make Luxury Fashion Affordable
September 28, 2023  |  Retail

Consumers are increasingly prioritizing convenience when making shopping decisions, leading to the rise of the “one-stop shop” concept. Retailers aspire to offer a comprehensive array...

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BIAN Bids to Sidestep Legacy Infrastructure With ‘Coreless Banking’
BIAN Bids to Sidestep Legacy Infrastructure With ‘Coreless Banking’
September 28, 2023  |  Digital Banking

Hans Tesselaar, executive director of BIAN, told PYMNTS that the digital transformation of banking hinges on innovation, on interoperability between financial institution and providers forged...

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45% of Consumers Used Credit Card Installment Plans In Past Year
45% of Consumers Used Credit Card Installment Plans In Past Year
September 28, 2023  |  Consumer Payments

Installment plans have become an increasingly important payment method that many shoppers prefer. Across age groups and income brackets, 60% of consumers use installment plans...

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Flutterwave CEO: African Consumers Need Faster and Secure Payments to Thrive in the Digital Economy
Flutterwave CEO: African Consumers Need Faster and Secure Payments to Thrive in the Digital Economy
September 28, 2023  |  Global Payments

Nigeria, Africa’s largest economy, has all the tools for success in today’s connected global economy. But despite its economic prowess, restricted access to foreign currencies...

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Uber Appoints Analog Devices Executive Prashanth Mahendra-Rajah as CFO
Uber Appoints Analog Devices Executive Prashanth Mahendra-Rajah as CFO
September 27, 2023  |  Personnel

Uber Technologies has appointed Prashanth Mahendra-Rajah as its new chief financial officer (CFO). Mahendra-Rajah will join the company on Nov. 13, bringing with him experience and expertise in...

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Peloton and lululemon Partner to Create 20 Million-Strong Community
Peloton and lululemon Partner to Create 20 Million-Strong Community
September 27, 2023  |  Fitness

Peloton and lululemon have announced a five-year strategic global partnership that aims to bring together fitness content and athletic apparel and create a combined community...

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Bank of America CEO Brian Moynihan Expects Soft Landing for Economy
Bank of America CEO Brian Moynihan Expects Soft Landing for Economy
September 27, 2023  |  Economy

Bank of America Chairman and CEO Brian Moynihan reportedly said he believes that the economy is heading toward a soft landing, avoiding a recession.  Speaking Wednesday...

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Meta Unveils 28 AI Personas and Next-Generation Smart Glasses
Meta Unveils 28 AI Personas and Next-Generation Smart Glasses
September 27, 2023  |  Meta

Meta has introduced 28 new artificial intelligence (AI)-powered personas and a new generation of smart glasses. The new offerings were unveiled Wednesday (Sept. 27) during...

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Delta Air Lines to Modify Frequent-Flier Program Following Negative Feedback
Delta Air Lines to Modify Frequent-Flier Program Following Negative Feedback
September 27, 2023  |  Loyalty & Rewards

Delta Air Lines has said that recent changes to its frequent-flier program have received mostly negative feedback from travelers. In response to this feedback, Delta...

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