News

Regulation
FTC Suit vs FinTech ‘Dave’ Spotlights Conflict Over Fee Disclosures and Business Models
November 06, 2024

If the past few months have shown us anything it’s that the frictions between the regulators and the regulated — in this case, FinTechs — frequently are being played out in the courts. Get the Full Story Complete the form to unlock this article and...

Regulation
What Lies Ahead for the CFPB as Trump 2.0 Takes Shape?
November 06, 2024

As Donald Trump retakes the reins of power, the uncertainty over who occupies the White House is over. 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...

Regulation
FTC Accuses Digital Banking Platform Dave of Charging Undisclosed Fees to Users
November 06, 2024

The name of online banking platform Dave suggests a dependable friend. But after fielding consumer complaints, a regulator says Dave’s cash advance app is not on the level. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payments Innovation
Matera CEO Thinks US Banks Should Take a Page From Brazil’s Success With Pix and...
November 06, 2024

Digital transformation for banks and credit unions in the U.S. is ripe with opportunities, some of which can strengthen customer relationships in ways that only a few years ago would have been scarcely imaginable. With the help of artificial intelligence (AI), direct connections and instant...

Regulation
Penalties Loom Large for Unclaimed Property Reporting Missteps
November 06, 2024

Tax season is officially over — even the Oct. 15 extension deadline has come and gone. 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...

Retail
Malls Making a Comeback? Simon Property Group Says They Are
November 05, 2024

The mall, once seen as a relic of a bygone retail era, is once again gaining relevance — especially as younger consumers rediscover its value, according to David Simon, CEO of real estate investment trust Simon Property Group. Get the Full Story Complete the form to...

B2B Payments
PYMNTS B2B Month: 4 Themes Set to Shape the Years Ahead
November 05, 2024

Traditionally characterized by clunky checks, faxed invoices and siloed financial functions, the B2B landscape is being reshaped by digital innovation. 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
Primark Owner Forecasts Uptick in Lower-Income Consumer Confidence
November 05, 2024

The head of Associated British Foods has predicted rising confidence among lower-income consumers. 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....

Artificial Intelligence
Goodbye Treasure Hunts? AI Reshapes Online Thrifting
November 05, 2024

The digital equivalent of rummaging through clothing racks may soon become a relic as ThredUp rolls out artificial intelligence to transform the happily chaotic world of thrifting into a precision-targeted retail experience. Get the Full Story Complete the form to unlock this article and enjoy...