News

News
FinCEN Warns US Banks About AI Deepfake Frauds
November 13, 2024

Law enforcement is warning U.S. banks about the danger of AI-powered identity fraud schemes. 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...

Artificial Intelligence
AI Content Creation Tools Aim to Rewrite How Companies Sell Online
November 13, 2024

Generative artificial intelligence platform Writer announced Tuesday (Nov. 12) that it raised $200 million in funding, reflecting a broader shift as businesses increasingly rely on AI to craft everything from product descriptions to marketing emails. Get the Full Story Complete the form to unlock this...

Payments Innovation
ConnexPay Receives Patent for ‘Intelligent Payment Routing and Payment Generation’
November 13, 2024

B2B payments platform ConnexPay has received a U.S. patent for its invention that manages incoming customer payments in real time and generates corresponding outgoing supplier payments on demand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
FCA Gives Auto Lenders More Time to Manage Customer Complaints
November 13, 2024

The U.K.’s financial watchdog is giving auto financing companies more time to deal with customer complaints. 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...

IPO
Klarna Files Long-Awaited Plans for American IPO
November 13, 2024

Klarna has filed its long-awaited plans to go public in the U.S. 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...

Digital Banking
Banks Target Account Opening Tech to Avoid Deposit Drift’s ‘Death by 1,000 Cuts’
November 13, 2024

The average consumer has 5.3 bank accounts. 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...

Artificial Intelligence
AI Takes Over Taste Testing and Restaurant Analytics
November 12, 2024

New artificial intelligence (AI) tools are changing how restaurants analyze customer data, test food safety and even reproduce scents in laboratories. The technologies include a natural language assistant for querying loyalty programs, an electronic tongue that achieved 95% accuracy in detecting food issues and a...

News
ThredUp Picks Amazon Veteran Danielle Vermeer to Head Social Commerce
November 12, 2024

Clothing reseller ThredUp has chosen Amazon’s ex-luxury resale head as its new social commerce director. 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,...

CFPB
CFPB: States Should Fill Gaps in Laws to Protect Consumers’ Financial Data
November 12, 2024

At a time when more financial institutions are monetizing consumers’ financial data, state policymakers should assess gaps in their data privacy laws, the Consumer Financial Protection Bureau (CFPB) said Tuesday (Nov. 12). Get the Full Story Complete the form to unlock this article and enjoy...