When it comes to artificial intelligence (AI), being behind the technology curve not only leaves banks more vulnerable to financial crimes, but the lag can also trigger some raised eyebrows from regulators. Get the Full Story Complete the form to unlock this article and enjoy...
Consumers’ desire for banking convenience has spurred their interest in bundled banking services. In fact, many consumers are willing to leave banks that fail to offer bundled services, according to “Bundled Banking Products,” a PYMNTS and Amount collaboration based on a survey of 2,290 U.S....
Discovery eCommerce startup Flip raised $60M in a Series B funding round that puts its valuation at $500 million as the company expands its social commerce platform and strengthens brand relationships. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The last two years have changed the way businesses and their vendors interact and pay. And though financial institutions have worked to meet consumers’ needs, many are lagging when it comes to providing the same seamless, digital experiences for corporate clients, according to the “B2B...
For banks and for the FinTechs, the first moments of engagement are among the most critical. 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...
As skyrocketing food prices have cost-conscious consumers seeking lower-cost alternatives, The Kroger Co. is expanding the capacity of its ready-made meal and meal kit delivery business, Home Chef. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Western Union has upgraded it services for customers in Chile, allowing them to use both digital and physical channels for money transfers to more than 200 countries and territories, according to a Wednesday (July 20) news release. Get the Full Story Complete the form to unlock this...
eCommerce marketplace Wish has teamed up with the United Kingdom’s largest retail parcel network, Collect+, to simplify and accelerate the pick up, delivery and return of packages nationwide, a Wish spokesperson told PYMNTS via email, in a deal that will more than double the company’s...
It’s being branded as a “Klarna Oasis,” a two-day pop-up store a few blocks off the Sunset Strip in West Hollywood that marks the embattled buy now, pay later (BNPL) FinTech’s first push into physical retail in the second largest city in the country. Get the Full...
