News

Regulation
DOJ Warns Against AI Washing as Ex-MoviePass CEO Pleads Guilty 
January 08, 2025

The former chief executive of MoviePass’ parent company has admitted to defrauding the company’s investors. 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,...

eCommerce
Poshmark Partners With Loop to Resell Non-Returnable Items
January 08, 2025

Online fashion resale market Poshmark launched a partnership with returns-focused commerce platform Loop. 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....

B2B Payments
How Real-Time Data Impacts Liquidity Performance
January 08, 2025

The premise of the 2002 film “Minority Report” revolves around using advanced predictive technology to stop crimes before they occur. 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...

Retail
Whatnot Raises $265 Million to Bring Live Shopping Mainstream
January 08, 2025

Live shopping marketplace Whatnot is planning to expand after raising $265 million. 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...

Faster Payments
Business Payments Push The Clearing House and RTP® to Faster Payments Tipping Point
January 08, 2025

Eight years after launching the RTP® instant payments network, The Clearing House logged a stellar 2024. Early Wednesday (Jan. 8), the consortium announced that more than $246 billion moved over the RTP network in 2024, up 94% from 2023. Transaction volume was up 38% to...

Cross-border Payments
PayU-Backed BRISKPE Launches Cross-Border Payments Platform for Indian Small Businesses
January 07, 2025

PayU-backed BRISKPE has launched a unified platform for cross-border payments that is designed for Indian small and medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
How Important Are Pharmacists in Getting Consumers to Use Traditional Drugstores?
January 07, 2025

In the past decade, the U.S. has seen a dramatic decline in the number of drugstores, with nearly 30% of them disappearing from the retail landscape. This shrinking footprint reflects a combination of factors, including the rise of eCommerce, changing consumer habits, razor-thin profit margins...

Artificial Intelligence
Nvidia and AWS Work on Autonomous Vehicle Tech; How Long Before Consumers Trust It?
January 07, 2025

Autonomous vehicles (AVs) are emerging as a use case for artificial intelligence, with Nvidia announcing partnerships with carmakers to develop self-driving technology using its hardware and software platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

CFPB
CFPB Sues Experian, Alleging Improper Investigations of Consumer Complaints
January 07, 2025

The Consumer Financial Protection Bureau (CFPB) sued consumer reporting agency Experian on Tuesday (Jan. 7), alleging that the company unlawfully failed to properly investigate consumer disputes and included incorrect information on credit reports. Get the Full Story Complete the form to unlock this article and...