News

Security & Fraud
UK’s FCA Urges Social Media to Prevent Illegal Financial Promotions
February 07, 2025

The United Kingdom’s Financial Conduct Authority is urging social media platforms to do more to prevent illegal financial promotions. 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...

CFPB
What to Watch for as CFPB Stops Rulemaking in Its Tracks
February 07, 2025

To say it’s been an eventful week for the Consumer Financial Protection Bureau might be an understatement. 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...

IPO
Report: Shein Considers 25% IPO Valuation Cut After Tariff Increase
February 07, 2025

The imposition of tariffs on small packages imported to the United States from China reportedly led Shein to consider cutting its valuation in a potential London initial public offering (IPO) by nearly 25%. Get the Full Story Complete the form to unlock this article and...

Fintech Investments
FinTech IPO Index Adds 2.6% as Paysafe Jumps on Takeover Reports
February 07, 2025

The FinTech IPO Index’s gains this past week — up 2.6% through Thursday (Feb. 6) across the past five sessions — were tied to a mix of newsworthy events. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Payments Innovation
iGaming’s Payment Evolution Has Strong Odds to Catch Consumer Loyalty
February 07, 2025

As sportsbooks and online gaming platforms compete for player loyalty in an increasingly saturated market, the entire sector is getting a makeover. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payments Innovation
InvoiceCloud and POWERCONNECT.AI Partner on AI and Payment Solutions for Utilities
February 06, 2025

InvoiceCloud and POWERCONNECT.AI have partnered to offer integrated artificial intelligence (AI) and payment solutions for utilities. 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...

Social Commerce
AI and Deeper Engagement Drive Pinterest’s User, Revenue Growth
February 06, 2025

For Pinterest CEO Bill Ready, 2024 was “transformative” because the company’s global monthly active users (MAUs) reached an all-time high of 553 million, an 11% increase year over year, and hit a major financial milestone in the fourth quarter, surpassing $1 billion in revenue for...

Investments
Trump Media Applies to Register Trademarks for Financial Services Brand
February 06, 2025

Trump Media and Technology Group (TMTG) said Thursday (Feb. 6) that it applied to register trademarks for brand names connected to the upcoming launch of its customized exchange-traded funds (ETFs) and customized separately managed accounts (SMAs). Get the Full Story Complete the form to unlock...

Ridesharing
Lyft and Anthropic Partner on AI Products for Ridesharing
February 06, 2025

Ridesharing company Lyft and artificial intelligence firm Anthropic said Thursday (Feb. 6) that they are working together to create AI products to serve Lyft’s riders and drivers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...