News

CFPB
House Votes to Repeal CFPB Rule Covering Consumer Payment Apps
April 09, 2025

The House of Representatives passed a Congressional Review Act resolution Wednesday (April 9), overturning the Consumer Financial Protection Bureau’s (CFPB) rule, “Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications.” Get the Full Story Complete the form to unlock this article and...

Investments
Nuro Raises $106 Million to Scale Autonomous Vehicle Technology Platform
April 09, 2025

Autonomous vehicle company Nuro said Wednesday (April 9) that it has raised $106 million so far in an ongoing Series E funding round that values the company at $6 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Sam’s Club Accelerates Store Openings, Anticipates More Business in ‘Tough Times’
April 09, 2025

Walmart’s warehouse club business, Sam’s Club, reportedly plans to open 15 stores per year, saying its ability to save customers money is even more relevant in uncertain times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
Healthcare Providers Prescribe AI to Combat Burnout and Enhance Patient Experiences
April 09, 2025

Two major health care providers — Highmark Health and Hackensack Meridian Health — are betting big on the technology to transform care delivery, reduce burnout and reimagine patient experiences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
Shadow Banking’s Global Risks and Liquidity Concerns Loom Amid Market Turmoil 
April 09, 2025

The carnage in global stock and bond markets wrought by the trade war being waged between the United States and just about everybody else continues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Ryft Raises $7.3 Million to Expand Embedded Payment Solution
April 09, 2025

Ryft has raised 5.7 million pounds (about $7.3 million) in a Series A funding round to continue expanding its embedded payments solution that helps marketplaces and platforms process, manage and monetize payments. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Shein and Temu Face Massive Roadblock With New Package Duties
April 09, 2025

New tariffs on low-value packages from China could hinder the plans of Shein and Temu. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Payment Methods
UK Consumers Trail Merchants in Digital Wallet Know-How
April 09, 2025

Trust and familiarity are central to the payments experience. At the end of the day, consumers won’t pay with methods they don’t know much about or aren’t used to. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Payment Methods
Merchants Make the Sale When Consumers See Preferred Payment Options
April 09, 2025

Consumers are less confident about economics — on a macro and a personal level — than they have been for quite a while. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...