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The Federal Trade Commission (FTC) is taking action against doxo, saying the bill payment company misleads consumers and tacks on junk fees.
The agency filed a federal court complaint alleging that doxo violated the FTC Act, the Restore Online Shoppers’ Confidence Act and the Gramm-Leach-Bliley Act, the FTC said in a Thursday (April 25) press release.
“Doxo intercepted consumers trying to reach...
BlackRock has debuted a savings product designed to give retirees a guaranteed, paycheck-style income.
The asset management giant on Thursday (April 25) announced its LifePath Paycheck solution, which gives plan participants the option of accessing a guaranteed income as early as age 59 years and six months by purchasing annuity contracts.
“A top concern among American workers is the fear of...
As consumers have grown to expect seamless digital convenience, many are finding that smaller merchants fall short of their expectations, PYMNTS Intelligence reveals.
By the Numbers
The “2024 Global Digital Shopping Index: SMB Edition,” a PYMNTS Intelligence study commissioned by Visa Acceptance Solutions, drew from a survey of nearly 14,000 consumers and 3,500 merchants across seven countries...
Wyndham Hotels...
Dutch payments firm Adyen saw its digital processed volume leap 51% year over year during the first three months of 2024.
This happened during a quarter in which the company’s total processed volume rose 46% year over year, Adyen said in a business update released Thursday (April 25).
Adyen attributed the rise in digital processed volume to the expansion of an unnamed existing digital customer as...
Innovation is a key factor in any company’s ability to succeed in the long run.
And so are the ways in which they pay and get paid. That’s why, within the B2B payments landscape, innovation plays a crucial role in enabling businesses to streamline processes, reduce costs, mitigate risks and enhance the overall efficiency and effectiveness of their payment operations.
As technology continues to...
And now it seems the slowdown is here.
Markets slumped by more than 1% Thursday morning (April 25) on the latest reading on gross domestic product (GDP) growth, courtesy of the Bureau of Economic Analysis — which we note is an advance estimate of first-quarter results.
Per the latest release, the economy grew at an annualized pace of 1.6% during the quarter, which missed estimates of around 2.5%...
As Walmart looks to speed its digital transformation in an effort to shrink the eCommerce gap between itself and rival Amazon, the retailer is giving digital shoppers exclusive access to get them to engage more.
The superstore chain announced via an emailed news release Thursday (April 25) that it is kicking off its first spring Walmart+ Early Access event, enabling members of its paid...
With eCommerce often proving the most convenient option for the practical elements of shopping, consumers are demanding brick-and-mortar retailers provide them with an experience they cannot get online.
Foot Locker on Wednesday (April 24) announced its new “store of the future” in Wayne, New Jersey, a retail format that will provide learnings to be incorporated into new stores as part of the...
FreshBooks will add a payment solution with the latest Stripe Connect features to its cloud-based accounting software for small businesses and accountants.
The new FreshBooks Payments will be available this summer, enabling business owners to accept payments seamlessly, FreshBooks said in a Thursday (April 25) press release.
“As one of the first to adopt Stripe Connect’s embedded components, we...