Checkout.com Parent Company Reduces 2023 Losses
U.K.-based Checkout Ltd., the parent company of Checkout.com, reduced its loss from operating activities from $138 million in 2022 to $8 million in 2023. This improvement was driven by a decrease in expenses, as its total revenue declined year over year, the...
US Bank Division Sees AI and APIs Meeting Expectations
If trust between financial services firms, merchants and consumers is essential for commerce to take place, it’s a fragile bond. There are five main threats to that bond: credit risk; counterparty risk; fraud risk; security risk; and compliance risk. Rob...
Financial Leaders Reflect on 2024
The year 2024 proved to be full of transformative shifts and strategic pivots. PYMNTS sat down with some of the industry’s most influential leaders, capturing insights that shaped the narrative of financial innovation. From the pressing need for robust...
45% of US Online Merchants Want One-Click Checkout Solutions
One-click checkout solutions top the wish list of U.S. online merchants when it comes to checkout and payment technologies. Forty-five percent of these merchants have asked their payment service providers (PSPs) to provide this technology, viewing it as a way...
Insights From Innovators, Retailers, Trailblazers
PYMNTS conducts thousands of interviews a year, some with the usual suspects of banks, card networks and FinTechs that define the financial services space, and some that get a bit outside of that strike zone. Here, we find innovative artificial intelligence...
AI, Omnichannel, Social Commerce: Inside the D2C Transformation
The retail sector is witnessing changes, with direct-to-consumer (D2C) brands leading innovation. As 2024 wanes, key trends influence how consumers interact with brands and make purchasing decisions. From artificial intelligence-powered personalization to a...
Pre-Purchase Testing, Flexible Payments Shape Future of Retail
As consumers rely more on online shopping, the importance of optimizing the payment process has never been more evident. With peak shopping periods like the holidays driving even higher consumer demand, retailers are focusing on pre-purchase testing and...
Regal to Allow Moviegoers to Pay With USDC Stablecoin
Beginning Monday (Dec. 23), moviegoers across the United States will be able to pay for ticket and concession purchases at Regal theaters with the USDC stablecoin. The theater chain will offer this payment method at more than 400 Regal Cinemas in collaboration...
Lessons from a record-breaking cyber week 2024
The 2024 holiday shopping season kickoff delivered record-setting performance, with Black Friday and Cyber Monday once again confirming their status as the most critical dates in the retail calendar. These peak shopping days tested the limits of retail...
