News

Banking
Fifth Third Bank: APIs Help Businesses Replicate Their ‘Last, Best’ Consumer Payments Experience
April 25, 2022

As a growing number of businesses are drawn to the simplicity of an end-to-end bill pay experience, Fifth Third Bank’s Laura Listwan tells PYMNTS how APIs and other tech are not only being used to accommodate a range of diverse bill payment methods, but are...

Security & Fraud
NY State Senator’s Bill Builds Legal Framework to Prosecute Crypto Crimes
April 25, 2022

Kevin Thomas, a New York state senator, has introduced a new bill amendment that would establish some offenses related to rug pulls and other frauds with virtual tokens as official crimes, a report says. Get the Full Story Complete the form to unlock this article...

Investments
Report: Twitter Takes Second Look at Musk Offer, May Negotiate
April 25, 2022

Twitter is still in talks to sell itself to billionaire Elon Musk with a deal possibly coming this week, The Wall Street Journal wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
EU’s Deal on Online Content Bill Still Leaves Questions Unanswered 
April 25, 2022

On Saturday, April 23, 2022, at 2 a.m. the European Parliament and EU Member States reached a preliminary agreement on the Digital Services Act (DSA). The DSA establishes an extraordinary new threshold for internet platforms’ accountability when it comes to unlawful and harmful information. According...

Payments Innovation
Prepaid Cards Use Tokenization, New Form Factors in Pursuit of Better CX
April 25, 2022

We never knew how cool — and extremely useful — payments options could be until we began to have so many to choose from. That’s putting customer experience into the frame more than ever as people decide on their preferred payment methods and providers vie...

Retail
The Knot CFO Says Vendors Brace for Burst of Business as Weddings Hit 20-Year High
April 25, 2022

“This is going to be a season for the ages, for sure,” said Andy Ivanovich, chief financial officer at The Knot Worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cross-border Payments
Paysend CEO: Cross-Border Payments Have Failed Consumers and SMBs
April 25, 2022

“Why should it take longer to send money anywhere than sending a WhatsApp message or text message?” 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...

International
Zimbabwe President Threatens to Seize Licenses for Currency Manipulation, Price Gouging
April 25, 2022

Emmerson Mnangagwa, president of Zimbabwe, has said banks and companies engaging in local currency manipulation and unjustifiable price increases might be at risk of losing their operating licenses, Bloomberg reported Sunday (April 24). Get the Full Story Complete the form to unlock this article and...

Investments
Elliott Management Backs SPAC Deal for Travel-Tech Company Mondee
April 24, 2022

Elliott Management, a hedge fund, will be investing in a special purpose acquisition company (SPAC), even as those have lost much of their appeal, a Financial Times report said Sunday (April 24). Get the Full Story Complete the form to unlock this article and enjoy...