News

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Compliance Officers Say Crypto Industry Can Learn From Exchanges’ Settlements
Compliance Officers Say Crypto Industry Can Learn From Exchanges’ Settlements
April 10, 2024  |  Cryptocurrency

The cryptocurrency industry can learn lessons from the settlements three crypto exchanges reached with regulators. So said the chief compliance officers of Binance, Coinbase and Kraken...

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Proposed California Law Could Cap CU Overdraft Fees
Proposed California Law Could Cap CU Overdraft Fees
April 10, 2024  |  Credit Unions

California state lawmakers are considering legislation that would limit the number of overdraft fees credit unions (CUs) can charge their members. Under SB-1075, the 100+ CUs...

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Virtual Banks Forge Ahead in Defining Banking’s Digital Future
Virtual Banks Forge Ahead in Defining Banking’s Digital Future
April 10, 2024  |  Digital Banking

The banking landscape is undergoing a digital transformation, as traditional financial institutions (FIs) race to keep pace with evolving consumer preferences and technological advancements.  Santander’s...

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Nav Adds ‘Credit Health Experience’ to Business Financial Health Platform
Nav Adds ‘Credit Health Experience’ to Business Financial Health Platform
April 10, 2024  |  SMBs

Nav has added a new “credit health experience” to its financial health platform for small businesses. The new Nav Credit Health helps small business owners understand...

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Rent the Runway Drives Loyalty Boost With AI Search Upgrades
Rent the Runway Drives Loyalty Boost With AI Search Upgrades
April 10, 2024  |  eCommerce

As consumers demand more frictionless experiences from their eCommerce merchants, Rent the Runway is seeing its digital rethink drive higher retention. The company shared in a presentation...

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Store Card Revenue Under Pressure From Late Fee Change, BNPL
Store Card Revenue Under Pressure From Late Fee Change, BNPL
April 10, 2024  |  Credit Cards

Retailers’ revenue from store credit cards is reportedly facing pressure for several reasons. These forces are impacting all retailers, but especially department stores, whose businesses...

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CFPB Could Block Lenders From Charging for Title Insurance
CFPB Could Block Lenders From Charging for Title Insurance
April 10, 2024  |  CFPB

America’s leading consumer watchdog is reportedly weighing a sweeping change to the title insurance industry. As Bloomberg News reported Wednesday (April 10), the Consumer Financial...

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More Consumers Would Pay With Venmo If They Understood It
More Consumers Would Pay With Venmo If They Understood It
April 10, 2024  |  Payment Methods

For account-to-account (A2A) payment providers, PYMNTS Intelligence research finds, education continues to present a huge barrier to adoption. By the Numbers A2A payments, which bypass...

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Delta Reports Business Travel Up 14% YOY
Delta Reports Business Travel Up 14% YOY
April 10, 2024  |  Travel Payments

Delta Air Lines has seen growing demand for both leisure and business travel. That’s according to company executives, who also announced that Delta delivered record revenue...

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