PYMNTS Intelligence

Embedded Finance Catches On With Credit-Shy Japanese Consumers
Embedded Finance Catches On With Credit-Shy Japanese Consumers
August 21, 2024  |  SMBs

Embedded lending is growing in popularity around the globe. It offers users convenient, streamlined access to financing without having to leave the platforms of merchants,...

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75% of Shoppers Hit Prime Day, Walmart+ Sales Looking for Deals
75% of Shoppers Hit Prime Day, Walmart+ Sales Looking for Deals
August 21, 2024  |  BNPL

A recent PYMNTS Intelligence report, “BNPL Fuels Essential Spending Surge on Amazon Prime Day, Walmart+ Week,” compares data from this year’s Amazon Prime Day and...

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Cybercrime Goes Corporate as Ransomware Gangs Seek Bigger Payouts
Cybercrime Goes Corporate as Ransomware Gangs Seek Bigger Payouts
August 20, 2024  |  Security & Fraud

In periods of softening consumer spend, businesses are increasingly turning to the vast B2B marketplace to boost their bottom-line. They aren’t alone. Criminals have taken...

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eCommerce Now 15.2% of Retail Sales as Growth Slows
eCommerce Now 15.2% of Retail Sales as Growth Slows
August 19, 2024  |  Retail

If there’s been a buzzword through the past few weeks, called out during earnings commentary and in presentation decks, it’s been this: Normalization. Card companies...

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Acquisitions Heat Up as Firms Target Payables Modernization
Acquisitions Heat Up as Firms Target Payables Modernization
August 19, 2024  |  Accounts Payable

Accounts payable (AP) — as a department and a general corporate practice — is critical to the long-term viability of any enterprise. The payables, as...

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Venture-Backed Startups Going Bankrupt at Alarming Rate
Venture-Backed Startups Going Bankrupt at Alarming Rate
August 19, 2024  |  Startups

Startup failures in the U.S. have surged by 60% in the past year, posing a threat to millions of jobs and potentially impacting the wider...

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Retail Sales: Consumers Shrug Off Higher Prices and Buy in July
Retail Sales: Consumers Shrug Off Higher Prices and Buy in July
August 15, 2024  |  Economy

The urge to splurge resurged in July as consumers shrugged off inflation and visited on-site retailers to conduct their everyday spending. As reported by the...

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4 in 10 Independent Restaurants Use Real-Time Payments
4 in 10 Independent Restaurants Use Real-Time Payments
August 15, 2024  |  Real-Time Payments

The restaurant industry faces financial strain due to inflation and economic downturns, with sales growth projections for 2024 cut to 3.8% from earlier estimates. As...

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Big Spenders: Nearly Two-Thirds of Gen Z Spend More When Using Digital Wallets
Big Spenders: Nearly Two-Thirds of Gen Z Spend More When Using Digital Wallets
August 15, 2024  |  Mobile Wallets

Digital wallets are rapidly transforming the payments landscape, with projections indicating they will surpass debit cards in transaction value within three years. This transition highlights...

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