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, and payment processor Block taking on major credit card issuers over fees. On the AI front, in a Monday (July...
This was the week when the Consumer Financial Protection Bureau released its awaited buy now, pay later (BNPL) report — it’s uneasy to say the least — Walmart made a bold move into true retail banking and both consumers and small businesses (SMBs) showed inflation...
With news that Amazon is sunsetting its Amazon Care healthcare initiative, Peloton’s pivot to a more open ecosystem for its app and content and upbeat outlooks for the battered buy now, pay later sector seeing light at the end of the tunnel (it’s not a...
Efforts to save money were prominent in the news this week, with reports that consumers are trading down from restaurants to groceries and news that Amazon has extended its Prime benefit to Amazon Fresh stores. Restaurants and other businesses can respond to these trends with...
July 01, 2022
Efforts to save money were prominent in the news this week, with reports that consumers are trading down from restaurants to groceries and news that Amazon has extended its Prime benefit to Amazon Fresh stores. Restaurants and other businesses can respond to these trends with strategies that will keep their own customers coming back and […]
August 06, 2020
It’s been another busy week in the world of payments and commerce as the U.S. recovery shifts into rockier territory amid an uptick in infections that has some regions shifting...
February 21, 2020
That there was a lot of action and motion in the payments and commerce ocean this week is not much of a surprise, as that describes pretty much every week...
January 31, 2020
If there were a theme in the big headlines this week in payments, financial services and commerce, it would have been movement. That theme was apparent in both sets of...