Pymnts news and trends

Payments Leaders Share How Business Threats Become Innovation’s Stepping Stones

August 20, 2024
payments
Loop and ReBound Team for Simplified Retail Returns
Retail // July 16, 2024

Returns technology providers Loop and ReBound say they are joining forces. The collaboration, announced Tuesday (July 16), lets retailers using the Loop platform access ReBound’s omnichannel returns management services. The integration allows Loop users to use ReBound’s global logistics offering, which includes return shipments, advanced...

Nike Continues to Distance Brand From D2C Push
Earnings // March 21, 2024

Nike may have beaten the street with its fiscal year Q3 earnings, but it’s hardly taking a victory lap. Acknowledging that this was a “difficult time” for the brand, CEO John Donahoe told Thursday’s earnings call that some adjustments are in store, and that further...

EU Regulation Forces Retailers to Rethink Loyalty Programs
Loyalty & Rewards // March 18, 2024

Read anything about the recent March 7 enforcement date for the EU’s new Digital Markets Act (DMA) and you’ll inevitably see a focus on big tech companies, potential fines and a general sense that this is a salvo in the EU’s desire to become “a digital cop.” Some of...

IDEX Biometrics Receives Initial Order From Smart Card Manufacturer
Biometrics // November 22, 2023

IDEX Biometrics has received an initial order for IDEX Pay, its biometric solution designed for metal cards, from a smart card manufacturing partner in Asia. The partner, who was not identified in the release, will deploy biometric metal payment cards for its bank clients worldwide,...

Interviews & Exclusives
EU Regulation Forces Retailers to Rethink Loyalty Programs

March 18, 2024
Read anything about the recent March 7 enforcement date for the EU’s new Digital Markets Act (DMA) and you’ll inevitably see a focus on big tech companies, potential fines and a general sense that this is a salvo in the EU’s desire to become “a digital cop.” Some of that is accurate and relevant. But when the dust settles […]

Porch Soars, Peloton Sinks and CE 100 Index Barely Budges With 0.4% Gain

November 13, 2023
The CE 100 Index added 0.4% in a wild week where double-digit declines and gains were the norm — earnings season continued to dominate the headlines.  Porch Group soared 53.2%, leading...

Payments Disconnect: 80% of Billers Offer in-Person or Mail Payments While Consumers Prefer Digital

August 31, 2023
In today’s digital age, consumers have varied payment preferences when it comes to paying their bills and are increasingly looking for convenient and efficient ways to do so. However, there’s...

Biometrics Offers MENA Customers Frictionless, Secure Online Authentication

October 25, 2022
Along with the pressure to speed up digital transformation at the onset of the pandemic, businesses around the world soon realized that the acceleration would need to be accompanied by...

Quick Reads
Loop and ReBound Team for Simplified Retail Returns

July 16, 2024
Returns technology providers Loop and ReBound say they are joining forces. The collaboration, announced Tuesday (July 16), lets retailers using the Loop platform access ReBound’s omnichannel returns management services. The integration allows Loop users to use ReBound’s global logistics offering, which includes return shipments, advanced local processing and consolidation. “Our new integration with Loop provides […]

IDEX Biometrics Receives Initial Order From Smart Card Manufacturer

November 22, 2023
IDEX Biometrics has received an initial order for IDEX Pay, its biometric solution designed for metal cards, from a smart card manufacturing partner in Asia. The partner, who was not...

BigCommerce and Google Team on AI-Powered Features for eCommerce

July 31, 2023
BigCommerce is leveraging Google Cloud’s artificial intelligence (AI) technologies to add new AI-powered features to its open Software-as-a-Service (SaaS) eCommerce platform. With these additions, which will begin their global rollout by the...

JPMorgan Chase’s Consumer Deposits ‘Slightly Down’ Over Banking Crisis and Rates

June 13, 2023
The banking industry is facing several challenges concerning consumer deposits, according to Jennifer Piepszak, co-CEO of JPMorgan Chase’s consumer and community banking unit.  Piepszak has predicted that consumer deposits will be...