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Barclays will cut 3% of u.s. consumer banking staff
Barclays is shrinking its U.S. consumer banking division as it looks to lower costs. “We recently streamlined and simplified our U.S. Consumer Ban...
October 25, 2023, 1:34 pm
Bnp paribas and 321founded launch payment management tool panto
French banking group BNP Paribas has created a FinTech aimed at European eCommerce players. Dubbed “Panto” and launching with the help of 321fo...
October 18, 2023, 5:06 pm
Uber leverages platform to cross-sell consumers on food delivery
Uber Eats may still be behind DoorDash when it comes to U.S. food delivery sales, but it has one key advantage when it comes to marketing to consumers...
June 26, 2023, 4:29 pm
Blue apron ceo: meal kits now prioritize long-term profitability over immediate growth
As meal kit providers look to weather the challenges of inflation, many have been forced to rethink their business models. Blue Apron CEO Linda Findle...
June 26, 2023, 3:22 pm
Goldman sachs fintech head stephanie cohen taking leave of absence
The head of Goldman Sachs Group's FinTech unit is taking a leave of absence. Stephanie Cohen, global head of the firm's Platform Solutions unit and a...
June 9, 2023, 8:53 pm
Millennial student loan repayments threaten amazon, walmart's bottom line
Millennials with student loans to lose 6.5% of spending power as repayments resume. That's the headline pymnts...
June 8, 2023, 10:00 am
Kroger's 84.51°: shoppers continue to seek discounts as inflation concerns decline
Grocery shoppers' anxieties around food price inflation may be easing somewhat, but they continue to pinch pennies wherever possible. In an interview ...
June 2, 2023, 12:55 pm
pymnts summer loyalty series: 95% of ulta beauty sales driven by loyalty members
Loyalty is a beautiful thing for consumers and retailers, and loyalty in the beauty space is doubly so, in that choice of retailers and products are d...
June 2, 2023, 4:00 am
Macy's navigates weak consumer demand, continues deep discounts
Earlier, pymnts reported that the summer of markdowns is here as Macy's (along with Dollar General) str...
June 1, 2023, 4:20 pm
Nordstrom defies retail slump with surprising quarterly profit and strong revenue growth
In the previous quarter, pymnts dubbed Nordstrom's strategy of excessive discounting as the “big blue...
June 1, 2023, 10:00 am
Fiserv offers software firms text-based payment option
Fiserv is letting software firms access the world of text-based payments. The payments and financial services company announced the offering for indep...
May 2, 2023, 9:45 am
Silicon valley bank and fednow highlight need for reliable payments infrastructure
Banks and FinTechs are re-examining what needs to change after the Silicon Valley Bank collapse. As Form3 CEO Michael Mueller told ...
April 28, 2023, 4:02 am
pymnts and sezzle collaborate to find how credit insecurity is changing u.s. consumers’ borrowing habits
Minneapolis, MN, April 27, 2023 (GLOBE NEWSWIRE) — Sezzle, a leader in the flexible payments industry, today released findings of How Credit Insecur...
April 27, 2023, 1:00 pm
Affirm and klarna continue to rule provider ranking of bnpl apps
In the spirit of “read now, understand now” we organize and publish pymnts' Provider Ranking of Buy...
April 20, 2023, 12:36 pm
Visa: compelling evidence 3.0 will blunt ‘friendly' fraud
Transaction disputes are massing across digital channels. Mike Lemberger, head of risk for North America at Visa, told ...
April 17, 2023, 4:01 am
Rent the runway sees renewed traction as rentals have a moment
Earlier this month, pymnts discussed the momentum behind resale as sustainability has come to the foref...
April 13, 2023, 10:26 am
Etsy launches test of ‘make an offer' feature for vintage items
Etsy has launched a test of a “Make an Offer” feature for vintage items. The feature, which is being piloted for a limited time, allows buyers to ...
April 5, 2023, 2:35 pm
Amazon cuts over 100 games division jobs
Amazon has laid off more than 100 employees in its Games division and reassigned some others. The moves come after the division evaluated its “curre...
April 4, 2023, 5:47 pm
Internal fed watchdog investigating svb collapse
The Federal Reserve's inspector general has begun a probe into Silicon Valley Bank's collapse. A spokesperson for the Office of Inspector General ...
March 29, 2023, 2:01 pm
Amazon debuts express payout for faster working capital
Amazon Pay has unveiled a tool to give merchants faster access to working capital. Express Payout is available now for eligible merchants via the comp...
March 22, 2023, 8:21 am