News

IPO
SeatGeek Reportedly Files Confidentially for IPO Amid Events Industry Boom
April 19, 2023

SeatGeek has reportedly filed confidentially for an initial public offering (IPO). The event ticketing firm is making the move as people continue to return to concerts and sporting events after the pandemic, and it expects its revenue to top $500 million this year, The Information...

CFPB
CFPB Data Breach Exposes Data of 250,000 Consumers and 45 Banks
April 19, 2023

The Consumer Financial Protection Bureau (CFPB) has told lawmakers that it suffered a data breach. A CFPB employee, who no longer works there, forwarded to a personal email account personal information on 256,000 consumers and confidential supervisory information on 45 financial institutions, The Wall Street...

Delivery
Gen Z 4x More Likely to Use Food Delivery Services Than Boomers
April 19, 2023

Restaurant aggregators’ audiences are skewed toward younger consumers by a wide margin, PYMNTS data reveals. By the Numbers Research from PYMNTS’ new exclusive report “Connected Dining: Third-Party Restaurant Aggregators Keep the Young and Affluent Engaged,” which draws from a survey of narly 2,300 United States...

Security & Fraud
NICE Actimize Adds AI-Based Suspicious Activity Monitoring to AML Solutions
April 19, 2023

NICE Actimize has added Suspicious Activity Monitoring (SAM-10) to its Anti-Money Laundering (AML) solutions. The new SAM-10 features artificial intelligence (AI)-based AML transaction monitoring and multilayered analytics to detect more suspicious activity, reduce false positives and complement the company’s other AML solutions for financial institutions,...

Retail
Getir Joins Ultrafast Grocers Taking a Hit Amid Economic Challenges
April 19, 2023

Even the largest ultrafast grocers are taking a hit as economic challenges rack the industry. Now, even Turkey-based multibillion-dollar quick-commerce firm Getir, which seemed to have largely escaped the challenges that other players in the space have faced, has been dealt a major blow. On...

Retail
Toshiba Debuts ‘Mission Control’ for Retail Intelligence
April 19, 2023

Toshiba Global Commerce Solutions has opened a new center to provider retailers with enhanced intelligence. The company on Wednesday (April 19) announced the launch of its Global Services Command Center at its headquarters in Durham, North Carolina. “The ‘mission control’ site for the company’s Proactive...

B2B Payments
Airbase Adds Guided Procurement to Spend Management Platform
April 19, 2023

Airbase has added Guided Procurement to its spend management platform. The new procurement function automates the intake process for purchasing by directing employees to capture all necessary information and documentation, routing the purchase details to appropriate stakeholders and securing the required approvals, Airbase said in...

Banking
Europe’s Neobank Struggles Offer Fertile Ground for Traditional FIs to Gain Share
April 19, 2023

The neobanks promised to shake up the world. Especially in Europe. It hasn’t quite worked out that way. As the first quarter of 2023 is firmly in the rearview mirror, as open banking becomes ever-more firmly entrenched within the fabric of everyday financial life in...

Mobile Payments
Square Debuts Android Tap to Pay for Merchants
April 19, 2023

Square is giving merchants an easier way to make contactless payments. The commerce solutions provider has begun offering Tap to Pay on Android for sellers in the U.S., U.K., Australia, Ireland, France and Spain, letting them accept contactless payments with a compatible Android device, according...