Новости за 13.07.2024

As a fringe group of consumers gets microchips implanted in their hands to make payments without using any external devices, time will prove whether these shoppers are early adopters or simply eccentrics. A TikTok video from last year with more than 10 million views, by a user who fittingly goes by @paybyhand on the platform, […]

The Producer Price Index (PPI), which measures wholesale prices, rose in June after seeing no change in May. Final demand prices rose 0.2% in June after remaining unchanged in May and increasing 0.5% in April, in seasonally adjusted figures, the Bureau of Labor Statistics (BLS) said in a Friday (July 12) press release. “The June rise […]

StubHub has reportedly delayed its initial public offering (IPO) until at least September, joining several other companies that have done so because of an unpredictable market.  Before adjusting its timing, the company had filed confidentially with the Securities and Exchange Commission (SEC) and planned to make the paperwork public this week, the Wall Street Journal (WSJ) reported […]

Partior has raised $60 million in a Series B funding round to add new capabilities and more currencies to its global unified ledger-based interbank rails for real-time clearing and settlement. The company’s infrastructure is used by major banks in financial markets that include London, New York, Singapore, Frankfurt and Hong Kong, Partior said in a Friday […]

Business travel at Delta Air Lines is surging, exceeding expectations with “mid-teens” growth, according to a Thursday (July 11) Q2 earnings transcript. Delta President Glen Hauenstein said during the call that Delta benefited from double-digit volume growth in this high-value segment with broad demand and growth across all sectors. He noted that the company’s premium […]

Citigroup’s earnings results showed a bit of bifurcation in consumer spending, as higher credit scoring individuals continue to use their cards and lower FICO consumers are falling behind a bit amid evidence of budget tightening. The company’s earnings release indicates that spending on Citi’s cards was 3% higher than a year ago. Volumes were up […]

Nala raised $40 million in a Series A funding round to expand its consumer business beyond Africa and to build its B2B payment platform for Africa. The new offerings will expand upon Nala’s app, which was launched in 2021 and now allows users in the United Kingdom, the United States and the European Union to send […]

Expedia Group said Friday (July 12) that it will launch two new co-branded credit cards designed to complement its loyalty program, One Key. The new cards — the One Key Card and the One Key+ Card — will result from the online travel platform’s new multiyear agreement with Wells Fargo and Mastercard, the companies said […]

The Federal Trade Commission (FTC) warned franchisors Friday (July 12) that non-disparagement clauses and the imposition of previously undisclosed fees are against the law. The regulator highlighted these practices in a policy statement and a guidance released Friday, the FTC said in a press release. “Franchising is a chance for Americans to build a business, […]

PYMNTS reporters, analysts and writers do dozens of interviews every week to bring you the editorial package that is PYMNTS and PYMNTS Intelligence. While they all inform our coverage, some of them rise above the others in terms of candor and insight. With that spirit in mind here are our notable quotables for the week […]