PYMNTS News

STR, Tourism Economics Say Cost of Living Impacts Hotel Performance
STR, Tourism Economics Say Cost of Living Impacts Hotel Performance
June 03, 2024  |  Travel Payments

The hotel industry’s performance is being impacted by reduced travel volume caused by the rising cost of goods and services. So said STR, a provider...

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Georgia-Based Pinnacle Bank Adopts CorServ Credit Card Program
Georgia-Based Pinnacle Bank Adopts CorServ Credit Card Program
June 03, 2024  |  Partnerships

Georgia-based Pinnacle Bank has tapped CorServ to launch a credit card program for commercial, business and consumer customers. The bank transitioned from its previous Agent Bank program...

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Live Oak Bank Launches First Embedded Banking Partnership
Live Oak Bank Launches First Embedded Banking Partnership
June 03, 2024  |  Digital-First Banking

Live Oak Bank has launched its first embedded banking partnership. Powered by the bank’s in-house technology and a Finxact core, this offering enables software companies...

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Money Magic: How Data-Driven Rewards Are Transforming Digital Payments
Money Magic: How Data-Driven Rewards Are Transforming Digital Payments
June 03, 2024  |  Loyalty & Rewards

A payment is never just a payment. Increasingly, it is a gateway into a lifelong customer relationship. And with the recent trend across the payments...

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Lowe’s to Pilot In-Store Mixed-Reality Experience for Kitchen Design
Lowe’s to Pilot In-Store Mixed-Reality Experience for Kitchen Design
June 03, 2024  |  Retail

Lowe’s is preparing to bring its Apple Vision Pro-powered kitchen design experience to its brick-and-mortar stores. Initially launched in February for the Apple Vision Pro, which...

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CFPB to Create Registry of Consumer Law-Breaking Nonbank Financial Companies
CFPB to Create Registry of Consumer Law-Breaking Nonbank Financial Companies
June 03, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) issued a final rule to establish a registry of nonbank financial companies that have broken consumer laws and are...

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Bridge Millennials Are Home Furnishings Retailers’ Best Customers
Bridge Millennials Are Home Furnishings Retailers’ Best Customers
June 03, 2024  |  Retail

As home goods retailers look to grow sales, PYMNTS Intelligence research reveals that they would be well suited to consider the needs of the bridge...

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Retail Customers Demand Simpler Checkout Experiences
Retail Customers Demand Simpler Checkout Experiences
June 03, 2024  |  Retail

Shoppers increasingly expect retailers to simplify their checkout processes, as both expert insights and surveys of consumers reveal. In the recent PYMNTS report “What’s Next...

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Sam Bankman-Fried to Remain in Brooklyn Prison to Prepare Appeal
Sam Bankman-Fried to Remain in Brooklyn Prison to Prepare Appeal
June 03, 2024  |  Legal

Sam Bankman-Fried is reportedly back in a prison in Brooklyn after the Bureau of Prisons (BOP) began moving him to a facility in California, the...

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