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PayPal is letting American customers earn 5% cash back through its pay later program.
The offering, in effect now for the remainder of the year, is designed to offer PayPal Buy Now Pay Later (BNPL) users more financial breathing room during the holiday shopping season, the company said Monday (Oct. 6).
“Our customers seek payment options that make holiday shopping easier and more...
Watch more: Monday Conversation: Misfits Market, Abhi Ramesh
There’s a lot more to the Misfits Market story these days than ugly food. What began with misshapen carrots and off-size avocados has grown into a full‑stack grocery and logistics platform that now sells household essentials. and increasingly looks like a new model for how perishable commerce works online.
Misfits Market’s...
Watch more: Need to Know: Fifth Third Bank, Robert Norman
Cash still matters in a digital economy. Much of the world has gone digital, yet for millions of consumers, cash remains a critical payment method. It still accounts for roughly 30% of tender, particularly in small, everyday purchases where it is fast, familiar and universally accepted.
Robert Norman, senior vice president of...
Paper checks have long been a fixture in U.S. government disbursements, but their days are numbered. President Trump’s recent executive order mandating the phase-out of paper checks in federal payments aims to modernize fund flows from agencies and contractors.
The shift is more than efficiency. As check fraud remains one of the most exploited vectors in payments, moving government...
To prosper, economies need catalysts. Catalysts aren’t just entrepreneurs with bright ideas. They’re people who stick their necks out when the odds are long and paybacks are uncertain.
But every great advance starts with someone willing to take a chance.
Bucking the Four-Star Generals
Procter...
FinTechs may be talking themselves out of credit union deals.
According to the PYMNTS Intelligence report “Credit Union Innovation Readiness: How FinTechs Are Shifting Their Partnership Strategies,” a Velera collaboration, half of FinTechs sell to credit unions, and 42% of them say they encounter no real obstacles, even as non-sellers point to compliance and product fit concerns.
That...
The CE 100 Index barely budged this past week, gaining a relatively slight 0.1% as six segments lost ground, and five pillars moved ahead.
The Have Fun segment led the declining segments, sliding 4%. DraftKings gave up 16.7%. Financial sites such as Bloomberg reported last week that online sports betting platforms are facing competitive pressure from predictions markets such as Kalshi...
If the outpouring of thought leadership is any indication of the urgency with which companies are advancing agentic AI, we’re about to see a Q4 that will require popcorn. But thought leadership won’t pay the bills on their own. Use cases will. And this past week has seen some impressive use cases in the Prompt Economy.
The article “What’s Reasonable to Expect from Agentic AI in Pharma...
Amazon now lets Prime members tack last-minute items to deliver orders with one click.
It’s the basic idea behind “Add to Delivery,” rolled out by the eCommerce giant last week for its subscribers to let them avoid having to go through checkout again or pay added shipping fees.
“We’ve all been there,” the company wrote on its blog. “You place an Amazon order, then realize there’s...
British FinTech Monzo is reportedly weighing a new application for a U.S. banking license.
The company is considering restarting its plans to become a U.S. lender as it tries to speed its expansion in America, the Financial Times (FT) reported Sunday (Oct. 5), citing two sources familiar with the matter.
Monzo executives believe the new application would be more likely to win...