News

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...

Retail
DoorDash Launches Collaboration With Rewards Platform Ibotta
January 07, 2025

Rewards platform Ibotta has launched a multiyear partnership with DoorDash. 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...

Artificial Intelligence
Report: AI Startup Anthropic in Advanced Talks to Raise $2 Billion
January 07, 2025

Artificial intelligence startup Anthropic is reportedly in advanced talks to raise $2 billion in a funding round that would value it at $60 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Google Helps AI Agent Fazeshift Raise $4 Million in Seed Funding
January 07, 2025

Fazeshift, an accounts receivable-focused artificial intelligence (AI) agent, has raised $4 million in seed funding. 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,...

Cross-border Payments
BIS Outlines Next Steps to Promote Adoption of ISO 20022
January 07, 2025

A Bank for International Settlements (BIS) committee has announced the next steps it will take to promote the adoption of its harmonized ISO 20022 data requirements for enhanced processing of cross-border payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited...