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As consumers look for simpler and more intuitive eCommerce experiences, Harvest Hosts sees providing more payment options as key to meeting shoppers’ demand to be able to control how they manage their spending.
In an interview with PYMNTS, Neel Mehta, head of product for the company, which provides RV camping memberships, spoke to how the brand leverages its consumer-facing tech stack, made up of...
Eisen and Checkbook partnered to help financial institutions streamline payment disbursements and ensure compliance with consumer protection regulations.
The companies’ new Disbursement Hub is designed to help financial institutions meet the challenge of the evolving regulatory landscape around account closures and fund disbursements, according to a Thursday (May 16) press release.
“Our strategic...
The Web3 space has its sights set on transforming payments and commerce via blockchain technologies.
And with the news Wednesday (May 15) that Safe has announced the integration of native swaps directly within its Web3 SafeWallet platform, bringing the benefits of embedded decentralized finance (DeFi) — such as transparency, lower costs and accessibility — into mainstream finance and everyday...
HSBC Bank USA has introduced a checking account for business clients that combines an earnings credit rate (ECR) with credit interest.
The new HSBC Hybrid Checking Account earns interest on every dollar deposited into the account, the bank said in a Thursday (May 16) press release.
“Every organization has complex needs, and the HSBC Hybrid Checking Account provides an important solution to our...
For most women, a complex cluster of building blocks — their life stage, household responsibilities, financial circumstances, age and dependents, among others — shape how they prioritize their own healthcare needs, a PYMNTS Intelligence study finds. And data in the “2024 Women’s Wellness Index,” a collaboration with CareCredit that drew on surveys of more than 10,000 U.S. consumers, found those...
The United Kingdom’s Competition and Markets Authority (CMA) will not investigate Microsoft’s partnership with artificial intelligence (AI) startup Mistral AI.
“The CMA has decided that Microsoft Corporation’s partnership with Mistral AI does not qualify for investigation under the merger provisions of the Enterprise Act 2022,” the regulator said in a Friday (May 17) update.
The regulator said on...
Banks have been fine-tuning their branch efforts as the pandemic recedes, shuttering locations in some markets and building new outposts in others.
The Federal Reserve said in a recent blog post that in some cases, “banking deserts” have emerged, impacting 12 million individuals in the U.S. The Fed has drawn up a “map” that denotes where those deserts are.
The deserts are described as locations...
Walmart shouldn’t count on keeping the affluent customers it has recently gained, the retailer’s former U.S. CEO Bill Simon said Thursday (May 16).
Speaking on CNBC’s Fast Money, Simon said that when the economic situation picks back up, affluent shoppers will go back to retailers that provide a premium experience, CNBC reported Thursday.
Currently, Simon said, factors like food inflation have...
There are over 19,000 tax jurisdictions worldwide — any of which can change in an instant.
With new and emerging payment rails, such as instant payments, helping to transform the cross-border space, regulators are increasingly cracking down on businesses in the payment chain to ensure that new technologies don’t drive an increase in financial crime.
That puts the onus on businesses to stay...
As consumers increasingly look for guidance from trusted friends and content creators to inform their shopping, Uber is integrating a social element into its Eats platform.
On Wednesday (May 17) the mobility and delivery company announced a range of new features at its GO-GET 2024 event, including its Uber Eats Lists feature, which enables users to share curated recommendation lists with people...