News

Faster Payments
Nacha: Same Day ACH Volume Leaps 65.7% in Q3
October 17, 2024

Same Day ACH volume on the ACH Network leapt 65.7% in the third quarter compared to a year earlier, while the value of those payments rose 38.8%. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Why ‘Good Enough’ Isn’t Winning Banks’ Fight Against Fraud
October 17, 2024

How do you deal with an entity that is so malicious it will use a natural disaster to commit cybercrimes? 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
Data-Driven and Customer-Centric: Inside Lands’ End’s Digital Transformation
October 17, 2024

It was Walt Disney who once said, “We keep moving forward, opening new doors, and doing new things, because we’re curious, and curiosity keeps leading us down new paths.” He, of course, was referring to the creative process, but his observation also powers executives in...

B2B Payments
Three Ways Strategic Partnerships Enhance the B2B Economy
October 17, 2024

B2B payments are no longer just back-office concerns — they’re front and center for businesses looking to streamline operations and delight customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
59% of US Businesses Link Poor Cash Flow to Manual AR Processes
October 17, 2024

As Silicon Valley innovates with artificial intelligence, many companies remain burdened by outdated paper invoice systems. This disconnect hinders efficiency and presents financial risks. With invoice volumes set to rise sharply, businesses must recognize that manual accounts receivable (AR) processes can no longer meet modern...

Digital Banking
SoFi Adopts Galileo’s Cyberbank Core for Improved Commercial Payments
October 16, 2024

Digital financial services company SoFi says it has adopted its subsidiary Galileo’s cloud-based Cyberbank Core. 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,...

Regulation
FTC Publishes Final Rule on Subscription and Membership Programs
October 16, 2024

The Federal Trade Commission (FTC) announced a final rule that will require sellers to make it as easy for consumers to cancel their subscriptions, memberships and other recurring payment programs as it was to sign up. Get the Full Story Complete the form to unlock...

Digital Banking
Monzo Business Customer Base Exceeds 500K
October 16, 2024

British neo-bank Monzo says it now has more than 500,000 business customers. 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...

Banking
Financial Stress Can Become Moment of Engagement for Community Banks  
October 16, 2024

There’s no shortage of static when it comes to financial advisors with wellness advice these days. Social media feeds, banking apps, 24-hour news channels and podcasts are all crowded by influencers, experts and a never-ending deluge of what it takes to be financially secure. In...