News

Artificial Intelligence
Banks Harness AI as Weapon Against Rising Tide of Tech-Fueled Fraud
November 28, 2023

For banks, artificial intelligence is both foe and friend in the eternal battle against fraud. 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,...

Payments Innovation
IMF, World Bank and BIS Collaborating on Uses of Tokenization
November 28, 2023

The International Monetary Fund (IMF), the World Bank and the Bank for International Settlements (BIS) have reportedly joined forces to explore the concept of tokenization. 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...

Regulation
FTC Issues $3 Million in Refunds for Leads Sold by HomeAdvisor
November 28, 2023

HomeAdvisor, a company affiliated with Angi (formerly known as Angie’s List), came under scrutiny by the Federal Trade Commission (FTC) for alleged deceptive marketing tactics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CFPB
CFPB Fines Bank of America Over Mortgage Lending Data Submissions
November 28, 2023

The Consumer Financial Protection Bureau (CFPB) ordered Bank of America to pay $12 million for submitting incomplete mortgage lending data to the federal government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Digital Banking
Entrust Launches New Digital Account Opening Solution for Financial Institutions
November 28, 2023

Entrust has launched a new digital account opening solution for banks and credit unions. 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...

Payment Methods
Worldline Gets FCA Greenlight to Expand in UK
November 28, 2023

Payments services firm Worldline has gotten approval to expand its presence in Great Britain. 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...

Retail
MyTheresa Pivots to Savvy Shoppers With Serious Spending Power
November 28, 2023

Although the aspirational shopper appears to have paused extravagant spending, MyTheresa is cashing in on the enthusiasm of savvy shoppers who still have some serious shopping power. In its latest quarterly earnings report, the retailer not only turned a minor financial setback into a stylish...

Retail
Walmart Embraces ‘RomCommerce’ to Expand Shoppable TV Offering 
November 28, 2023

Walmart’s latest foray into shoppable video will seem familiar to fans of the Hallmark channel. 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...

Loyalty & Rewards
Comdata Launches Fuel Card With Rewards From Credit Cards
November 28, 2023

Comdata has launched a payment solution that allows fleet owners to enjoy both the benefits of a fuel card and the rewards of their existing credit card.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...