News

FCA Proposes Consumer Duty on Social Media Financial Product Ads
Regulation
FCA Proposes Consumer Duty on Social Media Financial Product Ads
July 17, 2023

The U.K.’s financial watchdog wants to crack down on illicit marketing of financial products on social media. 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...

China’s Generative AI Regulations Go Live Next Month
News
China’s Generative AI Regulations Go Live Next Month
July 17, 2023

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Will Higher Bank Capital Requirements Give FinTechs a Lending Edge?
Banking
Will Higher Bank Capital Requirements Give FinTechs a Lending Edge?
July 17, 2023

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Indonesia and India Explore Cross-Border Payments Pact
Faster Payments
Indonesia and India Explore Cross-Border Payments Pact
July 17, 2023

India and Indonesia are reportedly planning to link their fast payment systems. 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...

The Jane Birkin Effect: From Hermès to Brunello Cucinelli and the Rise of Quiet Luxury 
Retail
The Jane Birkin Effect: From Hermès to Brunello Cucinelli and the Rise of Quiet Luxury 
July 17, 2023

Jane Birkin, the British-born actress and singer, and the inspiration behind the iconic Hermès handbag that bears her name, died on Sunday (July 16) at age 76.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Australia’s NAB Bars Payments to ‘High Risk’ Crypto Exchanges
Banking
Australia’s NAB Bars Payments to ‘High Risk’ Crypto Exchanges
July 17, 2023

National Australia Bank is blocking some cryptocurrency payments amid a nationwide wave of crypto scams. 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...

Regional Banks Face ‘Challenging’ Outlook as Deposits Dwindle
Banking
Regional Banks Face ‘Challenging’ Outlook as Deposits Dwindle
July 17, 2023

Regional banks are set to report earnings this week, and the news may not be good. 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...

Raisin Predicts Deposit Base Will Grow to $56 Billion
Banking
Raisin Predicts Deposit Base Will Grow to $56 Billion
July 17, 2023

German FinTech Raisin is reportedly banking on a shift among lenders to alternative funding sources. 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,...

What All Banks Can Learn From Bank of England’s June 2023 ISO 20022 Migration
Faster Payments
What All Banks Can Learn From Bank of England’s June 2023 ISO 20022 Migration
July 17, 2023

When it comes to embracing new ways of doing things in payments — adopting standards, fostering new use cases — boring is good. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...