Restaurants Cast $13 Smoothies as Essential Health Purchases; plus, all the payments and commerce news from the week.

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Saturday - August 20, 2022


Study Finds Hidden Surcharges Sour Consumers’ Impressions of Merchants


An Insider’s View of S. Korea’s $92B eCommerce Market


Showbiz, Gaming Execs Try to Monetize New NFT Use Cases


54% of Online Marketplaces Rely on Payments Automation to Manage Burgeoning Volume


PYMNTS Summer Series: One-Click Checkout Wants to Go Native


Is Better Fraud and Risk Prevention Without the Annoying Lag Time Even Possible?


How FIs Are Meeting the Growing Brand Necessity of Embedded Banking


CUs Sitting on Valuable Crypto Asset — the Ability to Educate


The Alarming Financial and Reputational Costs of Healthcare Data Breaches Keep Rising


Automated and Fully Integrated ERPs Reduce Payment Delays, Errors


Forage Takes On Stalwarts to Gain Slice of $100B Online SNAP Payments Opportunity


Are Retailers Better Positioned to Scale Embedded Payments Than Banks?


Deal-Seekers Pulling Trigger on Essentials Drove Amazon Prime Day Spending 40%


Banks Must Bundle-Up or Lose Customers Who Are Done With Piecemeal Services


Back of House Goes Front Burner as Smart Kitchens Cook Up Better Restaurant Experiences



Fed Offers Crypto Banks Path to Global Payments Rails


Fiscal Stability Replaces Celebrity Pitchmen as Crypto Ad Spend Comes Back to Earth


Meta Metaverse Weekly: In Horizon Worlds, Emperor Has No Legs


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Amazon vs Walmart Weekly: Bring on the Season of Deals


Target to Double Rapid Sorting Capacity Amid Demand Spike for Same-Day Delivery


Stage Set for Retail Slugfest as Kohl's Plans Aggressive Discounting


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CE100 Index Adds 3.6% as ‘Fun’ Online Betting Names Gain Double Digits


Apple Pay No Sure Bet as Contactless Cards Dominate


Online Car Platforms Busy Retooling in the Connected Economy as Growth Slows


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Lowe’s Sees Lift From Contractor Loyalty Programs


Home Depot’s Digitization Investments Lay Foundation for Brisk B2B Growth


Paper Checks Remain B2B Payments Biggest Digital Blocker


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Walmart’s Grocery Gains Could Be Mixed Blessing as Shoppers Trade Down


Delivery Hero Makes ‘a Million Pricing Decisions per Month’ in Bid to Boost Basket Size


For Grubhub, Is Two Partners in Two Months Too Much?


Click Here for All Grocery News...



Payoneer, Nubank, NerdWallet Gains Soften Slump of FinTech IPO Index


Volatility Is Separating the Disruptors From the Dead Weight in Crypto, FinTech


Banking-as-a-Service FinTechs Tread New Regulatory Waters


Click Here for All FinTech News...



Europeans Spared Summer Facebook Blackout as Decision on Meta’s EU Data Dispute Stalls


UAE Attracts $700M in H1 2022 Investment, Maintains Position as MENA’s VC Capital


Mobile Wallets Offer Egypt Digital Transformation and Use Case Expansion


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Plastiq CEO: Capital From SPAC Deal Offers ‘Prudent’ Strategic Advantage


Authorized Push Payment Fraud Is Fastest Growing Scam for One Good Reason


Thanks to Tools and Trust, Banks Can Now Clear Up BNPL’s ‘Perception Problem’


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Restaurants Cast $13 Smoothies as Essential Health Purchases

In the face of rampant inflation, tight household budgets and sharply reduced consumer discretionary spending, high-end health food restaurants are facing the unique challenge of convincing customers that $13 smoothies are essential, and that's where the PYMNTS Weekender Report picks up the story.

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What New Data Shows About Why Amazon Is Buying iRobot

The power of network effects to create consumer value and the platforms that can master them, is well understood. Karen Webster says that an interesting aspect of network effects in the digital economy — cross-activity network effects — offers new insights into consumer behavior and the set of interdependent digital activities across them that drive scale. And, why Amazon bought iRobot (and a lot of other things too).

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