News

Regulation
US Accounting Giants Ready Themselves for New Quality Control Standards
September 10, 2024

Where there is smoke, there tends to be fire. 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, PYMNTS Today. By completing this form,...

Delivery
Instacart Aims to Cement Online Grocery Presence by Converting Casual Users Into Regulars
September 10, 2024

Instacart is ramping up its efforts to capture and keep customers as it aims to cement its status in the online grocery sector. The company is concentrating on two primary objectives: bringing in new users, elevating engagement with its current clientele, and creating “habituated customers.”...

Security & Fraud
FBI Says 50% of All Financial Fraud Losses Involve Cryptocurrency
September 09, 2024

The number of cryptocurrency-related complaints accounted for 10% of all financial fraud complaints but 50% of the total losses in 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Bankruptcy Filing Highlights Deep-Rooted Issues in Big Lots’ Business Model
September 09, 2024

As Big Lots embarks on a Chapter 11 restructuring and prepares for acquisition by Nexus Capital Management, retail analysts are evaluating the company’s future amid a challenging market. They note this bankruptcy filing not only signals deep-rooted issues in Big Lots’ business model, but also...

Investments
Atomico Raises $1.24 Billion to Invest in European Technology Companies
September 09, 2024

Atomico raised $1.24 billion for two funds to invest in European technology companies. 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, PYMNTS Today....

Regulation
Lloyds Calls for Swift End to British Car Loan Investigation
September 09, 2024

A U.K. banking executive says the country needs to resolve its unfair auto-lending practice investigation. 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,...

B2B Payments
Building B2B Ecosystems Helps Firms Grow Without Cannibalizing Core Offerings
September 09, 2024

In today’s uncertain operating environment, every dollar counts. 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, PYMNTS Today. By completing this form, you...

Security & Fraud
5 States Settle With GSB Group After Investigating Digital Assets Offering
September 09, 2024

Five states have settled their actions against organizations collectively known as GSB Group and their chairman of the board Josip Heit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

News
AI Expands Worker Capabilities, But Human Oversight Remains Key
September 09, 2024

Generative artificial intelligence (AI) is expanding workers’ capabilities far beyond their current skill sets, but experts warn that human oversight remains crucial to ensure quality and avoid pitfalls. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...