News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

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Sovos Enhances Partner Network Amid Demand for Tax Compliance Services
Sovos Enhances Partner Network Amid Demand for Tax Compliance Services
April 15, 2024  |  B2B Payments

Compliance company Sovos has enhanced its Sovos Partner Network program to make it easier for partners to access new opportunities in technology, revenue and marketing....

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FinCEN Warns Banks to Watch for Passport Card Fraud
FinCEN Warns Banks to Watch for Passport Card Fraud
April 15, 2024  |  Security & Fraud

Federal authorities are warning banks against the rising threat of passport card fraud. The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) and the Department...

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Third-Party Vendors Emerge as Data Security Threat
Third-Party Vendors Emerge as Data Security Threat
April 15, 2024  |  Security & Fraud

In today’s digitized operating environment, a business is only as good as its cyber defenses. And with Change Healthcare reportedly facing a new ransomware attack following...

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OpenAI Names Former AWS President Tadao Nagasaki to Head Japan Operations
OpenAI Names Former AWS President Tadao Nagasaki to Head Japan Operations
April 15, 2024  |  Personnel

OpenAI has tapped the former president of Amazon Web Services’ Japan operations to lead its push into that country. Tadao Nagasaki’s appointment, announced Monday (April 15), comes as the artificial intelligence...

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Bank of England Seeks Input on Retail, Wholesale Payments Technology
Bank of England Seeks Input on Retail, Wholesale Payments Technology
April 15, 2024  |  Payment Methods

The Bank of England is studying the use of new technologies to enhance both retail and wholesale payments functionality. While the central bank has been focused on...

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Goldman Earnings: Consumer Loan Net Charge-Offs Reach 8.4%
Goldman Earnings: Consumer Loan Net Charge-Offs Reach 8.4%
April 15, 2024  |  Earnings

Goldman Sachs posted earnings on Monday (April 15) that illuminated a continued focus on Wall Street activities, while the firm continues to exit consumer-related banking...

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UK Plans Stablecoin, Crypto Staking Legislation For Summer
UK Plans Stablecoin, Crypto Staking Legislation For Summer
April 15, 2024  |  Cryptocurrency

The British government is reportedly readying legislation for stablecoins and crypto staking, exchange and custody.  “We are now working at pace to deliver the legislation to put...

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Paystand Integrates B2B Payments With Microsoft Dynamics 365 Business Central
Paystand Integrates B2B Payments With Microsoft Dynamics 365 Business Central
April 15, 2024  |  B2B Payments

Paystand has brought full payments integration to Microsoft Dynamics 365 Business Central. The B2B receivables, payables and payments network will also support Microsoft’s Dynamics NAV,...

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Retail Personalization Is About More Than Just Sending Offers
Retail Personalization Is About More Than Just Sending Offers
April 15, 2024  |  Retail

As merchants look to set their offerings apart to win shoppers’ loyalty, personalization is key. That means more than just using artificial intelligence (AI) to...

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