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Payment processor Thredd launched a partnership with Australia-based payment orchestration platform Paywith.
The collaboration is designed to help businesses launch “flexible, customer-centric card programs” with the help of Paywith’s technology and Thredd’s local market expertise and infrastructure, according to a Thursday (Jan. 15) press release.
“Paywith is a sophisticated player...
A group of central and commercial banks are reportedly stepping up testing of the Agora cross-border payments project.
The effort is being led by the Bank for International Settlements (BIS), Reuters reported Wednesday (Jan. 14), with involvement from the Federal Reserve Bank of New York and central banks from Europe, Korea, Mexico and Japan.
Announced in 2024, Project Agora — from the...
Amazon is reportedly challenging luxury retailer Saks Global’s bankruptcy filing.
The eCommerce giant accuses the company of breaking an agreement on the sale of Saks products on its website, Bloomberg News reported Wednesday (Jan. 14), citing a court filing.
Amazon had made an equity investment in Saks Global — a company formed from the merger of Saks and Neiman Marcus — in 2024, but...
With policyholders facing more choices, more transparency and fewer switching barriers, insurers are discovering that retention is no longer protected by inertia but earned through performance at the most emotional moment of the relationship: getting paid.
Competition Has Turned Insurance Into a Buyer’s Market
The report “The Demand for Instant Insurance: Why Speed Is the New Trust,” a...
Forget “access denied.” “Payment declined” is Gen Z’s new refrain.
Whether it’s at Dollar General, Whole Foods or somewhere in between, most Americans don’t experience the unpleasantness of getting dinged when trying to check out for their purchase. But for adult consumers roughly age 18-29 this year, declined payments have become a routine frustration. One in 4 Gen Zers report that a...
Artificial intelligence (AI) has moved quickly from novelty to necessity across financial services, and credit unions (CUs) are no exception. More than half of consumers already use AI for financial planning and budgeting, and four in 10 say they would feel comfortable using it to complete transactions—trends that are most pronounced among younger generations.
At the same time, most credit unions...
One of the U.S. payments industry’s unfulfilled promises is that bank-to-bank transfers would one day loosen the grip of cards.
The logic is straightforward: Moving money directly from a consumer’s bank account to a merchant should be faster, cheaper and more secure than routing payments through card networks designed for the 20th, not 21st, century. Yet despite this structural appeal...
The volatility wrought by tariffs is no longer a background risk but a daily operational reality, forcing companies to make strategic decisions with incomplete data and shifting economic signals. As tariffs collided with delayed government statistics and cooling consumer demand, firms have had to confront what PYMNTS Intelligence describes as peak uncertainty for product and operational leaders...
Healthcare’s digital transformation is no longer defined by whether patients will use virtual tools, but by how well the rest of the system keeps up when the visit ends and the bill arrives.
That was the central tension running through PYMNTS Intelligence’s June Generational Pulse Report. Based on an April survey of 2,021 consumers in the United States, the report found that young...
For most of the internet era, consumer search behavior followed a familiar routine.
A question arose, a browser opened, a search box blinked, and a constellation of links competed for attention.
Apps, marketplaces and comparison sites each had their place in that flow. What is changing now is not merely the speed or intelligence of that dance, but its starting point. Consumers are...