1+ week, 2+ day ago   (589+ words) Pay by bank is no longer an unfamiliar concept in U.S. payments, but it has yet to earn a permanent place in consumers" daily spending habits. Banks and FinTech providers also benefit from faster settlement, lower fraud exposure tied to stored…...

3+ week, 1+ day ago   (409+ words) Consumers continue to spend more on their debit cards, although the rate of growth has slowed. Total debit card transaction volume and value both grew at an average rate of 4.6% per year from 2021 to 2023, the Federal Reserve Board said in…...

3+ week, 2+ day ago   (372+ words) For years, loyalty followed credit, but new data shows that rewards are now chasing spending habits shaped by caution rather than leverage. That is the central finding of PYMNTS Intelligence's Embedded Finance Tracker, titled'Rethinking Rewards With a Loyalty Platform for…...

1+ mon, 2+ week ago   (434+ words) Lufthansa Group customers in several countries can now choose Klarna's flexible payment options when booking travel experiences. The options allow the airline group's travelers to pay in full, pay later or pay over time, according to a Thursday (Nov. 27) press…...

1+ mon, 2+ week ago   (438+ words) Crypto platform Kraken has begun rolling out the Krak Card, a debit card that enables instant spending using multiple balances and earns 1% cash back rewards on all purchases. The company will offer the card first to users in the United…...

1+ mon, 3+ week ago   (275+ words) Extend now enables businesses to connect "virtually any" bank credit card to its spend and expense management platform for small and medium-sized businesses (SMBs). This capability gives SMBs" finance teams a centralized view of all their company cards as well…...

1+ mon, 4+ week ago   (414+ words) A shift is taking hold inside the pay later economy, and it is not the one that most observers expected. The real action is not only in buy now, pay later services. It is in the rapid rise of installment…...

2+ mon, 3+ day ago   (313+ words) The global shift toward mobile wallets is often described as a Generation Z movement. However, the PYMNTS Intelligence report "Pocket Revolution: How Mobile Wallets Are Changing Payments Worldwide" showed that digital wallet use has become ageless, and it cuts income…...

2+ mon, 4+ day ago   (476+ words) Visa and Mastercard have announced an updated settlement in a 20-year legal battle with merchants. The agreement, which still requires approval from the Eastern District Court of New York, was announced by the two payments companies Monday (Nov. 10)." If approved,…...

2+ mon, 1+ week ago   (479+ words) For years, credit cards have monopolized the loyalty market. But as younger consumers trade borrowing for budgeting, the most meaningful shift may be happening on the other side of the ledger: debit. Research from PYMNTS Intelligence and Galileo Financial Technologies…...