Several Democratic senators fired off a letter to U.S. Bank CEO Andrew Cecere demanding additional information after the Consumer Financial Protection Bureau (CFPB) fined the financial institution (FI) $37.5 million in a customer accounts scandal. Get the Full Story Complete the form to unlock this...
Discovery takes many forms, a popular one being delving into our ancestral roots and coming away inspired by cultural heritage, music, literature and most definitely fashion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Regulators in the U.S. are looking into whether big regional banks should be required to add to the debt buffer that helps them in times of crisis, which could slow down some pending mergers. Get the Full Story Complete the form to unlock this article...
Israel is well known as a world leader in cybersecurity and a critical innovation hub driving the development of tools and resources aimed at fighting cybercrime and managing the increased digital security risks organizations face today. Get the Full Story Complete the form to unlock...
Luxury brands like Gucci and Chanel have been expanding their horizons, opening locations in U.S. cities where they never used to do business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
More companies have embraced selling directly to consumers, sidestepping old, larger-scale operations in favor of developing direct-to-consumer (D2C) operations. 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...
Five Turkish banks have adopted Russia’s Mir payments system, a Bloomberg report said Saturday (Aug. 6), quoting Turkish President Recep Tayyip Erdogan after his talk with President Vladimir Putin at the Russian resort of Sochi. Get the Full Story Complete the form to unlock this...
Today in B2B payments, global supply chains report less strain in July than at any point since January 2021, while NACHA says B2B automated clearing house (ACH) volume rose 12.3% year over year in the second quarter. Plus, Telio aims to grow its B2B eCommerce...
This week in Europe, London-based open finance platforms Yapily and Ecospend rolled out new initiatives to drive open payment adoption in the U.K., and Germany’s Airbank teamed up with Klarna Kosma to secure access to account information from 15,000 banks in 26 countries. Get the...
