PYMNTS Intelligence

43% of Consumers Will Delay or Cancel a Purchase If Merchants Don’t Offer BNPL
43% of Consumers Will Delay or Cancel a Purchase If Merchants Don’t Offer BNPL
September 20, 2023  |  BNPL

As consumers become increasingly accustomed to convenient and flexible payment options, buy now, pay later (BNPL) as a payment method has gained significant popularity both...

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Data Encryption Proves Critical in Swaying US Consumers Not Yet Interested in Everyday Apps
Data Encryption Proves Critical in Swaying US Consumers Not Yet Interested in Everyday Apps
September 19, 2023  |  Cybersecurity

In an increasingly digital world, a significant share of consumers are relying more and more on single-service apps for their routine financial and shopping needs....

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How Personalized Card Reward Programs Are Driving Customer Loyalty
How Personalized Card Reward Programs Are Driving Customer Loyalty
September 19, 2023  |  Loyalty & Rewards

Card reward programs are proving to be highly effective in building customer loyalty across industries, especially the travel sector, which is roaring back after several...

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Virtual Cards in Hand, Fleet and Mobility Firms Seek to Modernize Working Capital Management
Virtual Cards in Hand, Fleet and Mobility Firms Seek to Modernize Working Capital Management
September 19, 2023  |  Commercial Payments

Fleet and mobility companies are turning the corner — a bit of pun intended — in modernizing payments, and the ways in which they leverage...

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Financially Secure Customers Spring for Full-Service Dining
Financially Secure Customers Spring for Full-Service Dining
September 18, 2023  |  Consumer Insights

As consumers manage their food spending amid budgetary pressures, those with cash to burn are happy to splurge on table-service dining, while those without a...

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From Clorox to Casinos to Banks, Hacks Highlight Advantage of AI in Anti-Fraud Toolkits
From Clorox to Casinos to Banks, Hacks Highlight Advantage of AI in Anti-Fraud Toolkits
September 18, 2023  |  Security & Fraud

Hack by hack, the fraudsters are getting bolder. And for enterprises girding against the rising tide of disruption and ransomware, advanced technologies are integral parts...

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How to PayFac: What Software Platforms Need to Know
How to PayFac: What Software Platforms Need to Know
September 18, 2023  |  Digital Payments

The merchant acquiring model has undergone many changes since the introduction of the first general-purpose credit card in 1958. Back then, acquiring banks were responsible...

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Consumers Want Banks to Make Paying Bills Easier
Consumers Want Banks to Make Paying Bills Easier
September 18, 2023  |  Consumer Payments

The bill payment process can often be a source of frustration for consumers, with a significant share experiencing difficulties when attempting to pay their bills....

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SoftBank Seeks AI Deals After Successful Arm Listing
SoftBank Seeks AI Deals After Successful Arm Listing
September 17, 2023  |  artificial intelligence

SoftBank reportedly wants to invest in artificial intelligence (AI) after successfully taking tech company Arm public. Masayoshi Son, founder and CEO of the Japanese conglomerate, is...

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