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Retail’s triple crown of Walmart, Amazon and Target saw major shifts in who shopped this year’s Black Friday sales—and not all the changes were identical.
New PYMNTS Intelligence data shows that as millions of Americans became more cost-constrained this summer and fall, they overwhelmingly favored Amazon. Widespread pocketbook tightness helped skyrocket the share of Black Friday...
Watch more: Need to Know: Mastercard’s Marc Pettican
Commercial card acceptance has been limited for years by myths and outdated assumptions. Acquirers have believed that commercial cards are too complex, too expensive and not margin rich enough to justify resources.
Marc Pettican, global head of corporate solutions at Mastercard, said those beliefs don’t reflect the changing realities...
Inflation expectations are steady, but households are not. The latest results from the Federal Reserve Bank of New York released on Monday (Dec. 8th) show consumers believe prices will continue rising while personal financial conditions are poised to deteriorate.
Inflation Expectations Steady But Uneasy
According to the November Survey of Consumer Expectations, median one-year-ahead...
Consumers are reshaping how they use credit, and PYMNTS Intelligence data shows that installment plans are becoming a central tool for managing cash flow in both predictable and discretionary spending.
The shift reaches well beyond summer travel patterns. It signals a broader realignment in how households balance flexibility, rewards and affordability.
The report, “The Pay Later...
Instant payouts are gaining traction as more recipients choose to receive money immediately. According to From Fast to Sticky: Why Instant Payouts Win Repeat Customers, a November 2025 PYMNTS Intelligence study produced in collaboration with Ingo Payments, more than half of individuals who receive instant payments at least once choose instant as their most used method for receiving funds. Waiting...
Bank CEOs are reportedly scheduled to meet with senators from both parties on Thursday (Dec. 11) to discuss crypto market regulation.
The CEOs of Citigroup, Wells Fargo and Bank of America will meet with senators in an event organized by the Financial Services Forum, Seeking Alpha reported Monday (Dec. 8), citing a statement from the bank trade group.
Topics on the agenda include bank...
Google denied a Monday (Dec. 8) report by AdWeek that the tech giant plans to bring ads to its artificial intelligence (AI) chatbot Gemini.
“This story is based on uninformed, anonymous sources who are making inaccurate claims,” Dan Taylor, vice president, global ads at Google, said in a Monday post on X. “There are no ads in the Gemini app and there are no current plans to change that...
Qatar has established a new artificial intelligence (AI) company called Qai, joining larger Gulf nations that are channeling state resources into building domestic AI capabilities and expanding their influence in the global technology sector. The company will operate as a subsidiary of the Qatar Investment Authority, the country’s $524 billion sovereign wealth fund, according to Bloomberg...
The Central Bank of Argentina is reportedly considering letting traditional lenders trade cryptocurrencies for their clients.
The central bank is drafting a measure and could have it ready as soon as April 2026, Seeking Alpha reported Monday (Dec. 8), citing a report from Argentine newspaper La Nacion.
Argentine banks have been banned from carrying out or facilitating crypto-related...
JPMorganChase said Monday (Dec. 8) that Jeff Bezos and Michael Dell will be among the 12 members of an external advisory council for its new Security and Resiliency Initiative (SRI) that was announced in October.
The SRI aims to help companies grow, innovate and accelerate manufacturing, primarily in the United States, the bank said in a Monday press release.
Its external advisory...