News

Regulation
Regulators Raise Exemption Thresholds Regarding Mortgages, Consumer Credit and Leases
October 15, 2024

The Consumer Financial Protection Bureau (CFPB) has announced rules related to threshold adjustments for mortgage loan appraisals, consumer credit transactions and consumer lease transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Payments Innovation
BIS: Interlinking Fast Payment Systems Could Enhance Cross-Border Payments
October 15, 2024

Interlinking fast payments systems (FPS) across different jurisdictions could enhance cross-border payments, making them low cost, fast, easy to access and transparent, the Bank for International Settlements (BIS) said Tuesday (Oct. 15). Get the Full Story Complete the form to unlock this article and enjoy...

Banking
Amount Targets ‘Deposit Drift’ With Account Opening Platform
October 15, 2024

Banking technology firm Amount has introduced its unified account opening and loan origination platform. 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
Tyfone Tackles Instant Payments Fraud With Payfinia Launch
October 15, 2024

Digital banking solutions company Tyfone has formed Payfinia, a new entity centered around instant payments. 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....

Cross-border Payments
How to Navigate Cross-Border Payments With CFOs and Treasurers in Mind
October 15, 2024

Cross-border payments are the lifeblood of international business — but for finance teams, they often come with a side of risk and complexity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Saudi Arabia Takes Global Leadership Role in Click-and-Mortar™ Shopping
October 15, 2024

  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 to receive marketing communications from PYMNTS...

Security & Fraud
Amazon Uses Technology and Legal Action to Combat Fake Reviews
October 14, 2024

Amazon said Monday (Oct. 14) that it has been using legal action and other methods to combat fake reviews and prevent those reviews from being seen by customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Santander Acquires CLM Fleet Management to Expand UK Leasing Business
October 14, 2024

Santander Consumer Finance (SCF) plans to expand its presence in the U.K. leasing sector after acquiring full-service fleet management company CLM Fleet Management. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
SoFi Gets $2 Billion to Expand Its Loan Platform Business
October 14, 2024

Personal finance company SoFi is expanding its loan platform with a new $2 billion investment. 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....