News

Banking
Bank of England Scrutinizes Growing Market for Significant Risk Transfers
April 14, 2025

British lenders are reportedly concerned that the Bank of England’s scrutiny of significant risk transfers (SRTs), also known as synthetic risk transfers, could slow the growth of the market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
Nvidia and Partners to Produce AI Supercomputers in US
April 14, 2025

Nvidia said Monday (April 14) that its artificial intelligence (AI) supercomputers will be built in the U.S. for the first time, starting in the next 12 to 15 months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
Meta to Begin Training AI on User Data in EU
April 14, 2025

Meta will begin using content shared by adults in the European Union to train its artificial intelligence models after the European Data Protection Board said the company’s approach met its legal requirements. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
Wells Fargo Expands Technology Banking Team Amid Tech Sector Growth
April 14, 2025

Wells Fargo said it is making the largest investment in talent that it has made in the 25-year history of its Technology Banking organization. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
For CFOs, the Tech Stack Is the Business Strategy
April 14, 2025

When productivity stagnates, costs rise anyway. 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...

Loyalty & Rewards
Expedia’s Private-Label Push Turns Loyalty Points Into Economic Leverage
April 14, 2025

Tariffs are at the top of many people’s minds, inflation is volatile, and consumers are discerning about where and when they will spend their money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Businesses Begin Tacking On Fees in Response to Tariffs
April 13, 2025

Companies across industries have begun issuing new fees in response to U.S. tariffs. 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....

CFPB
CFPB Drops Lawsuit Against Comerica Bank Over Federal Benefits Program
April 11, 2025

The Consumer Financial Protection Bureau (CFPB) reportedly dropped a lawsuit against Comerica Bank that targeted the bank’s handling of a federal benefits program, alleging that it provided poor service to the recipients of benefits. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

CFPB
CFPB Ends Enforcement of Registry of Consumer Law-Breaking Nonbank Financial Companies
April 11, 2025

The Consumer Financial Protection Bureau (CFPB) said Friday (April 11) that it will not prioritize enforcement of a regulation requiring a registry of nonbank financial companies that have broken consumer laws and are subject to federal, state or local government or court orders.  Get the Full...