News

B2B Payments
53% of Check-Based Firms Put Digital Payments on Fast Track
March 29, 2022

More organizations are getting fed up with slow, paper-based payments and instead fast-tracking their adoption of digital alternatives. 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...

Banking
Citizens Bank Launches Early Access to Wages
March 29, 2022

Citizens Financial Group is the latest lender to introduce a way for corporate clients to give employees early access to their paycheck, the Providence-based bank announced Tuesday (March 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
UK to Propose New Crypto Rules While FCA Closes Registration
March 29, 2022

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 completing this form, you agree to receive marketing communications from PYMNTS and...

Delivery
As Competitors Develop In-House Digital C-Stores, Uber Eats Expands Third-Party Convenience Offerings
March 29, 2022

As leading food delivery aggregators seek out ways to drive more revenue from their costly driver networks, many are finding ways to grow their non-restaurant offerings. Uber, for its part, announced Tuesday (March 29) that it has entered into a partnership with bp to have...

Retail
Today in Retail: Chewy’s Market Cap Half of Its January 2021 Peak; Mattel, Universal Join...
March 29, 2022

Today in retail, Chewy is half the size it was in January 2021, while Mattel partners with Universal. Plus, consumers alter their meal preparation because of rising food costs, Kaiyo looks to make furniture retail a part of everyday life, and Victoria’s Secret and Bread...

Investments
Risk Management Startup Effectiv Raises $4M Seed Funding
March 29, 2022

Risk management startup Effectiv raised $4 million in a seed funding round led by Accel and REV, according to a press release emailed to PYMNTS on Tuesday (March 29).   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
French Court Fines Google $2M for ‘Abusive’ Developer Practices
March 29, 2022

A French court has fined Google $2.2 million (€2 million) for what the country’s government has described as “abusive” dealings with developers on its app store. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cross-border Payments
South Korea to Access Western Union with ICB App For Cross-Border Payments
March 29, 2022

Western Union has launched its transfer services in South Korea with FinTech ICB Co. Ltd.’s mobile app, the international cross-currency money mover announced Monday (March 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

CFPB
CFPB: Credit Card Companies Charged $12B in Late Fees in 2020
March 29, 2022

Credit card companies charged $12 billion in late fees in 2020, with poorer Americans paying far more than wealthier people. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....