News

Delivery
UPS, FedEx Say Deliveries May Be Delayed by Microsoft Outage
July 19, 2024

Both UPS and FedEx told their customers Friday (July 19) that package deliveries may be delayed due to the global Microsoft outage that began late Thursday (July 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Personalized Luxury: The Key to Winning Wealthy Shoppers
July 19, 2024

In an era where luxury is becoming increasingly defined by personalization, wealthy consumers are demanding that brands innovate, tailoring their offerings to match their individual preferences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

CFPB
CFPB Targets Tipping Model Used by Serena Williams-Backed SoLo Funds
July 19, 2024

The Consumer Financial Protection Bureau (CFPB) is intensifying its scrutiny of SoLo Funds, a lending startup backed by tennis star Serena Williams. The CFPB has introduced a proposed rule that would restrict the way SoLo charges its customers. Get the Full Story Complete the form...

Retail
Amazon’s Prime Day Leaves Walmart+ Deal Days in Summer Haze
July 19, 2024

As Amazon and Walmart compete to win consumers’ retail spending, it seems the former may have had more success with its summer deals event than the latter, widening the gap beyond even last year’s marked disparity.   Get the Full Story Complete the form to...

Security & Fraud
Intellicheck CEO: Fraudsters Using AT&T’s Call Log Breach to Build Consumer Profiles
July 19, 2024

The right customer data, in the right hands, can have a transformative impact on businesses. But in the wrong hands, the same sensitive information can be leveraged by bad actors and cybercriminals with catastrophic and increasingly costly outcomes. Get the Full Story Complete the form...

Fintech Investments
FinTech IPO Index Up 3.8% as Lemonade Surges on UK Expansion
July 19, 2024

Earnings season has yet to start making headlines and moving stocks in the FinTech IPO Index, but the overall group was up 3.8% through the week, and platforms were the prime movers. Get the Full Story Complete the form to unlock this article and enjoy...

Banking
European Central Bank: Swift Outage Affected Real-Time Gross Settlement System
July 18, 2024

The outage at Swift that affected the Bank of England also impacted the European Central Bank. 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...

Regulation
UK’s FCA: Financial Firms Must Improve Treatment of Politicians
July 18, 2024

The United Kingdom’s Financial Conduct Authority (FCA) is looking to change its guidance to ensure that financial firms do not treat politicians and public servants unfairly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Small Business-Focused FinTech Wamo Raises $5 Million
July 18, 2024

London-based FinTech wamo has raised $5 million to develop small to medium-sized business (SMB)-focused banking solutions. 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...