News

Faster Payments
Trending: Senators Urge Fed to Expand Fedwire and National Settlement Service
September 11, 2024

If business and commerce are always on in the digital age — existing as 24/7, year-round endeavors — so must the settlement systems that enable a broad range of transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
Gusto Opens Waitlist for AI Assistant for Small Business Owners
September 11, 2024

Gusto will soon add an artificial intelligence-powered assistant called Gus to the human resources (HR), payroll, benefits and compliance platform and products it offers for small business owners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
VC Firm Upload Ventures Trades Credit FinTechs for AI Investments
September 11, 2024

Brazilian investment firm Upload Ventures is reportedly upping its artificial intelligence (AI) investments while avoiding credit FinTechs. 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...

Investments
Paymob Raises $22 Million to Expand in Egypt and GCC Countries
September 11, 2024

Financial services enabler Paymob raised another $22 million to expand its offering in its core market of Egypt and its newer markets in Gulf Cooperation Council (GCC) countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Fast Fashion? Zara to Bring Pre-Owned Clothing Service to US
September 11, 2024

Fast-fashion brand Zara is bringing its secondhand clothing marketplace to 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 completing this...

Artificial Intelligence
Australia and US Propose Oversight as Industry Urges California AI Bill Signing
September 11, 2024

Artificial intelligence experts are advocating for safety legislation in California, while Australia is introducing a national AI regulation plan, marking a worldwide trend toward increased AI governance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Refund Fraud Schemes Proliferate on Apps Like Telegram
September 11, 2024

Last month’s arrest of Telegram CEO Pavel Durov spotlighted the platform’s ties to criminal activity. 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 Orders TD Bank to Pay $28 Million For Misleading Consumer Reporting Agencies
September 11, 2024

The Consumer Financial Protection Bureau (CFPB) ordered TD Bank to pay about $28 million in redress and penalties, saying the bank provided consumer reporting agencies with information about its customers that was inaccurate and negative. Get the Full Story Complete the form to unlock this...

Security & Fraud
Revolut Sees Jump in Scam Complaints as APP Fraud Grows
September 11, 2024

Revolut enjoys the distinction of being the most valuable FinTech in Europe. 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...