PYMNTS News

Netspend and Leagues Cup Team to Launch Travel Wallet For Soccer Fans Worldwide
Netspend and Leagues Cup Team to Launch Travel Wallet For Soccer Fans Worldwide
July 21, 2023  |  Digital Payments

Netspend has announced an official debit card partnership with the Leagues Cup, an inaugural soccer tournament taking place this summer in the U.S. The deal...

READ MORE >
Grocers Struggle to Compete With Mega-Retailers Amid Inflation
Grocers Struggle to Compete With Mega-Retailers Amid Inflation
July 21, 2023  |  Retail

As food inflation continues indefinitely, grocery shoppers continue to seek savings, abandoning previous favorite brands and retailers in favor of the best deals. Amid these...

READ MORE >
Alipay and WeChat Pay Add Links to Visa and Mastercard
Alipay and WeChat Pay Add Links to Visa and Mastercard
July 21, 2023  |  Payment Methods

Visitors to China can now link their Visa and Mastercard accounts to the country’s most popular mobile payment applications, Alipay and WeChat Pay. Ant Group, the operator of Alipay, said Friday (July...

READ MORE >
Can eGrocery’s Profitability Challenges Be Fixed With AI Procurement?
Can eGrocery’s Profitability Challenges Be Fixed With AI Procurement?
July 21, 2023  |  artificial intelligence

As grocers struggle to make their eCommerce businesses as profitable as brick-and-mortar channels, artificial intelligence (AI) can help close the gap. In an interview with...

READ MORE >
Coinbase Begins Closing Borrow to Prioritize Other Offerings
Coinbase Begins Closing Borrow to Prioritize Other Offerings
July 21, 2023  |  Cryptocurrency

Coinbase has begun closing Borrow, which allowed customers to borrow using bitcoin as collateral. The firm said in a Thursday (July 20) message on its...

READ MORE >
Ant Group Senior VP Peng Yang to Lead International Business Group
Ant Group Senior VP Peng Yang to Lead International Business Group
July 21, 2023  |  Personnel

Ant Group has appointed its senior vice president, Peng Yang, as president of the company’s International Business Group (IBG). Yang will report to Eric Jing,...

READ MORE >
This Week In Payments: Rules for AI, Block Picks a Fee Fight and FedNow Arrives
This Week In Payments: Rules for AI, Block Picks a Fee Fight and FedNow Arrives
July 21, 2023  |  Payment Methods

This week in payments saw the SEC weigh in on artificial intelligence (AI), the long-awaited debut of the FedNow instant payments rail to mixed reviews,...

READ MORE >
JPMorgan to Expand Online Banking Platform Into Germany and EU
JPMorgan to Expand Online Banking Platform Into Germany and EU
July 21, 2023  |  Digital-First Banking

J.P. Morgan reportedly plans to expand its online banking platform Chase into Germany and other European Union (EU) countries. Preparations for such a move have...

READ MORE >
UK Retail Sales Rise 0.7% Amid Good Weather and Sales
UK Retail Sales Rise 0.7% Amid Good Weather and Sales
July 21, 2023  |  Retail

British consumers’ purchases rose by 0.7% in June after increasing just 0.1% in May. Month-over-month retail sales volumes in the United Kingdom increased across all...

READ MORE >