News

Banking
Bank Regulators Worry About Merger Systemic Risks, Banks About Fraud
March 22, 2024

Michael Hsu, acting comptroller of the currency at the Office of the Comptroller of the Currency (OCC), recently voiced support for a new proposal by Federal Deposit Insurance Corp. (FDIC) to apply additional scrutiny when reviewing bank mergers that will result in combined assets that exceed $100 billion.  Get the Full...

Artificial Intelligence
Report: Apple Considers Adding Baidu’s GenAI to Devices in China
March 22, 2024

Apple is reportedly in preliminary talks with Chinese tech giant Baidu, exploring a potential partnership to use Baidu’s generative artificial intelligence technology for Apple devices in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payment Methods
Amazon Taps Stripe to Power ‘Just Walk Out’ Payments in Australia, Canada
March 22, 2024

Stripe is now powering payments for retailers using Amazon’s Just Walk Out technology in Australia and Canada. 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...

B2B Payments
Excel’s Long Reach Sheds Light on Enterprises’ Back Office Pain Points
March 22, 2024

Back in 1987, Microsoft released Excel, its spreadsheet program designed to handle all manner of calculations and computations, from simple mathematics to complex probabilistic statements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Walmart and Amazon Compete for Deal-Seeking Electronics Customers
March 22, 2024

Walmart is looking to MacBooks to drive up its share of consumer electronics spending as Amazon continues to widen its lead in the category. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
40% of Global Consumers Now Fit the Click-and-Mortar™ Shopper Profile
March 22, 2024

The days of consumers mentally segregating in-store shopping from its online counterpart are over.  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...

Accounts Receivable
New Data: Instant Disbursement Use Spikes 8X Since 2017
March 22, 2024

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 agree to receive marketing communications from PYMNTS and...

IPO
FinTech IPO Index Soars 5.2% as Lufax Is Up 73% Post-Earnings 
March 22, 2024

There were a few stunning surges this past week with the FinTech IPO Index, which added more than 5% through five sessions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
EU Set to Investigate Apple, Google Compliance With DMA
March 21, 2024

The European Commission (EC) is reportedly set to launch full-scale investigations of tech giants Apple and Google, looking into their compliance with the EU’s new Digital Markets Act (DMA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...