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News & Trends

Retail
Retailers Embrace ‘Dadcore’ Stereotypes to Combat Father’s Day Spending Pullback

As Father’s Day approaches, retailers are seizing on different paternal stereotypes...

5 seconds ago
Regulation
Apple’s App Store, Meta’s AI Assistant Face Challenges in Europe

Two American tech giants are reportedly facing new regulatory challenges in...

8 hours ago
Google
Google Antitrust Trial to Proceed After Judge Denies Motion to...

A judge denied Google’s motion to end U.S. antitrust regulators’ case focusing...

9 hours ago
eCommerce
Yoox Net-A-Porter Exiting China, Focusing on More Profitable Markets

Yoox Net-A-Porter (YNAP) is reportedly exiting China amid weak consumer spending in...

9 hours ago
Personnel
WEX Appoints Jason Hancock Managing Director of International Payments Division

WEX has appointed Jason Hancock as managing director of its international payments...

10 hours ago
Security & Fraud
Older Consumers at Risk for Financial Exploitation as They Go...

Saturday (June 15) marks Elder Abuse Awareness Day. As more baby...

10 hours ago
Retail
Walmart Joins Retailers Tailoring Private-Label Offerings to Gen Z

As Gen Z shows an inclination for shopping from retailers’ own...

11 hours ago
Acquisitions
NYCB Discloses Signature Bank’s Total Fair Value Was $37.8 Billion

New York Community Bancorp (NYCB) released financial information about its March...

11 hours ago
artificial intelligence
This Week in AI: Apple Intelligence, Luma Video Creator, Regulatory...

This week in artificial intelligence news, AI is changing shopping experiences and...

12 hours ago
International
Ethiopia Considers Allowing Foreigners to Buy Stakes in Domestic Banks

After 30 years of barring foreigners from its banking sector, Ethiopia...

12 hours ago
Credit Cards
Consumers Spend Over $1,500 per Month Using Travel-Related Co-Branded Cards

While 68% of U.S. consumers own general-purpose credit cards, 28% now...

12 hours ago
This Week in PYMNTS
They Said What? Notable Quotables From This Week in PYMNTS

This week in PYMNTS, industry insiders discuss everything from composable banking...

12 hours ago
Blockchain
Making Sense of Why Deposit Tokens Rule the Tokenization Landscape

There’s a new on-chain token in town, and it’s not the...

13 hours ago
Acquisitions
VersaBank Seeks Canada’s Permission for Stearns Bank Acquisition After US...

VersaBank needs only one more regulatory approval to proceed with its...

13 hours ago
artificial intelligence
Microsoft Pauses Its Launch of AI-Powered Recall Program

Tech giant Microsoft has decided to delay the rollout of “Recall,”...

14 hours ago
Acquisitions
Shift4 Acquires Majority Stake in Vectron, Completes Purchase of Revel

Shift4 has acquired a majority stake in Vectron Systems, a supplier...

14 hours ago
artificial intelligence
Nvidia Unveils Open Model That Creates LLM Training Data

As concerns grow that large language models (LLMs) are running out...

14 hours ago
Investments
Canary Raises $50 Million to Deploy AI for Hospitality Industry

Canary Technologies raised $50 million in a Series C funding round...

14 hours ago
Digital-First Banking
MACH Architecture: The New Force Behind Old Banks

Financial institutions (FIs) can’t meet the evolving needs of digital-first customers...

15 hours ago
Retail
Target Aims to Reverse Losses With Private-Label Goods, Price Cuts

Target reportedly lost market share in several of its key product categories...

15 hours ago
Investments
Layer3 Raises $15 Million to Help Users Discover Web3 Projects

Layer3 raised $15 million in a Series A funding round to...

16 hours ago
Consumer Insights
Consumer Sentiment on Personal Finances Dips Due to High Prices

In 2024, a few key concerns bubble consistently to the top...

17 hours ago
Retail
Report: Luxury Brands Offer ‘Unprecedented’ Discounts in China Amid Economic...

Luxury brands in China are reportedly resorting to “unprecedented” discounts to...

17 hours ago
Identity
State Department Tests Online Passport Renewals as Digital IDs Gain...

The U.S. State Department recently announced it is beta testing a...

19 hours ago
CFO
What Keeps Chief Product Officers Awake at Night

Heads of product drive profitability by setting strategic goals and supporting...

24 hours ago
Payments Innovation
Why It’s Time for Corporates to Jump on the ISO...

It might not get the amount of play that real-time payments,...

24 hours ago
Loans
Former Visa CEO Carl Pascarella Talks the Future of Credit

When it comes to financial technology and payments modernization, there’s nothing...

24 hours ago
Retail
Walmart and Amazon Race to Digitize the Physical Store

As Walmart and Amazon compete to stay at the forefront of...

24 hours ago
Real-Time Payments
Small Business Fleets Like Sending Instant Payments

Small- to medium-sized businesses (SMBs) in the transportation sector use instant...

24 hours ago
Fintech Investments
FinTech IPO Tracker Loses 3.8% Despite Affirm’s Rally on Apple...

Affirm saw its stock rally 7.8% this past week, but the...

1 day ago
Partnerships
BNP Paribas and BPCE Partner to Create Payment Processor

BNP Paribas and BPCE have partnered to create a payment processor that...

1 day ago
Legal
Report: Judge Expected to Reject Visa, Mastercard Swipe Fee Settlement

Credit card swipe fee litigation that has been fought for two...

1 day ago
Loans
Stream Innovations Secures Warehouse Facility to Expand Home Improvement Loans

Stream Innovations has secured a $400 million warehouse facility from Goldman Sachs...

1 day ago
Partnerships
Esker and EY Services France Partner to Support Digital Transformation

Esker and EY Services France have teamed up to help companies manage...

1 day ago
Politics
White House to Nominate CFTC Commissioner Christy Goldsmith Romero to...

President Joe Biden plans to nominate Christy Goldsmith Romero, who is currently...

1 day ago
Walmart
Walmart to Relaunch Private-Label Fashion Brand ‘No Boundaries’

Walmart will relaunch its private-label fashion brand No Boundaries in stores...

1 day ago
Technology
Stellantis Continues Global Rollout of Connected Car Features

Stellantis is rolling out several software products and connected features for...

1 day ago
artificial intelligence
Luma AI Debuts ‘Dream Machine’ for Rapid Video Creation

Artificial intelligence startup Luma AI unveiled a tool that can generate...

1 day ago