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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

September 7, 2022

Report: Building A Better Online Checkout Experience

How Merchants Turn Deal Chasers Into Loyal Customers at Checkout

More consumers chase deals than stay loyal to a merchant, especially now. A new PYMNTS study of 2,030 US consumers zeros in on the 10 checkout features that could turn that around.

 

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B2B Finance

Priority Technology’s New CFO Pick Reflects Role’s Strategic Importance

The role of CFO is transcending traditional boundaries, taking on more strategic dimensions that involve new and different skill sets than those typically associated with the position. Priority Technology Holdings' pick of Tim O’Leary as the new chief financial officer is but the latest example.

 

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Payment Methods

‘Partial’ Approval Helps Merchants Close Sales, Drive Loyalty, New Revenues

Payments are no longer just about speed and convenience. Yuval Ziv, president of Nuvei, tells Karen Webster that "partial approvals" not only help merchants personalize offers and payment options for cash-strapped consumers but close current and future sales too.

 

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Expense Management

Receipt Data Makes Corporate Travel Expense Management More ‘Hospitable’


Banyan CEO Jehan Luth tells Karen Webster that with the help of two-sided platforms that can ingest direct data feeds, merchants are able to swiftly populate their expense reports without dealing with paper receipts,  while making the entire process faster, easier, transparent and more accurate.

 

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Worker Wages

California’s Fast Food Restaurants Prepare for Automation, Closures After Wage Law

California has a new wage law that could boost its minimum wage to $22 an hour. QSR chains are bracing for possible closures and looking for ways to cut costs.

 

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Auto Finance

Alternative Auto Financing Puts Car Ownership in Reach in Emerging Markets

Eerik Oja, co-founder and CEO of Estonia-South Africa startup Planet42, tells PYMNTS that millions of people in emerging markets are unable to purchase a vehicle, held back by outdated lending criteria used by incumbent banks. It’s a gap that FinTechs can help bridge using alternative data sets and offering more flexible loan terms.

 

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Data Brief: Cross-Border Commerce

US Merchants Now Get 14% of Sales From APAC-Based Consumers

According to a survey of more than 500 executives in the U.S., U.K. and Canada for PYMNTS and Citcon's “Emerging APAC Opportunity” report, the lure of Eastern eCommerce opportunity was especially keen for omnichannel merchants.

 

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Embedded Finance Tracker®

Embedded Finance Expands Payments Options, Reduces Merchant Risk, Says KeyBank

Embedded finance helps businesses reduce the risk of fraud and expands support for consumers’ preferred payment methods. In the "Embedded Finance Tracker®," KeyBank’s Bennie Pennington tells PYMNTS how this technology is allowing merchants to offer more cohesive end-to-end services to their customers.

 

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What's Hot


Revolut Rescinds Job Offers to New Grads as it Reviews Operations


Instagram to Retool Shopping Experience, Focus More on Ads


Panera Taps CarPlay to Bring Drive-Thru Ordering Into the Car


Ex-Clinton OCC Chief: Crypto Firms ‘Getting Away With Murder’


Binance, Inswitch Roll Out Binance Pay to LatAm Merchants


Uber Expands Services in Sub-Saharan Africa


Solera, DigniFi Team to Offer Vehicle Repair Financing


New Car Sales Up 9%; Used Vehicles Sales Drop 17% YoY for August


Bolt Helps Revolve Offer One-Click Checkout at Fashion Week


Today in Crypto: DeFi Platform Kyber Fixes Code That Led to $265,000 Theft; Russia Eyes Stablecoin Cross Border Platforms


Best Of Yesterday 


Credit Unions Weigh the Risks and Benefits of Expanding Crypto Offerings


Virtual Cards Mark Evolution of Spend Management


Luxe Retailers Look to Connect Payments, Data — and High-Touch Service


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