News

Regulation
CFPB Accuses Choice Money Transfer of Violating Remittance Rules
October 04, 2022

The Consumer Financial Protection Bureau (CFPB) is taking action against Choice Money Transfer, accusing it of multiple violations of money transfer laws. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Today in B2B Payments: 2 Firms Add New Services for SMBs
October 04, 2022

Today in B2B payments, Mastercard announces new and expanded benefits available to its small- to medium-sized business (SMB) cardholders, while U.S. Bank adds a cash flow projection tool to the online dashboard for its SMB clients. Plus, Société Générale is set to acquire a majority...

International
EMEA Daily: MoneyGram Powers Remittances for UAE’s Jingle Pay App
October 04, 2022

Today in Europe, the Middle East and Africa (EMEA) news, Moneygram announces a new partnership with Jingle Pay, while the European Council officially approves the Digital Services Act. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Delivery
Grubhub Marketplace to Offer Gopuff Locations, Delivery
October 04, 2022

Restaurant food delivery company Grubhub and food and home essentials delivery firm Gopuff have launched a pilot program in which some Gopuff locations are now included on Grubhub’s marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
MoneyGram Powers Remittances for UAE’s Jingle Pay App
October 04, 2022

Money transfer service businesses MoneyGram International and Jingle Pay announced a partnership Tuesday (Oct. 4) to enable global money transfers through the Jingle Pay app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Social Commerce
Meta Unveils New Ad Formats for Reels, Instagram
October 04, 2022

Meta Platforms has announced a series of new ad formats designed to help advertisers reach their audience based on how they spend their time on the company’s platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Bank of America Adds $100M in Low-Cost Deposits to Minority-Led Banks
October 04, 2022

Bank of America is adding $100 million in low-cost deposits to minority depository institutions (MDIs), doubling its existing $100 million in deposits in MDIs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
Europe Stamps Digital Services Act With Final Approval
October 04, 2022

The European Council has officially approved legislation that aims to ensure a safer and more transparent online environment with greater accountability and protection. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Loyalty & Rewards
Giant Food Offers Private-Label Rewards Incentives as Name Brands Push Back
October 04, 2022

As grocers compete to take advantage of consumers’ inflation-driven shift to home dining, many are finding that their private-label offerings are the best tool at their disposal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...