News

Investments
Aeropay Raises $20 Million for Pay-by-Bank Offering
May 16, 2024

Digital payments company Aeropay has raised $20 million in new financing. 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,...

CFPB
Supreme Court Ruling on CFPB Paves Path for Open Banking
May 16, 2024

Reading the Thursday (May 16) Supreme Court ruling upholding the constitutionality of the Consumer Financial Protection Bureau’s funding mechanisms — and ensuring the agency’s survival — takes one through centuries of history. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Dwolla and Visa Partner on Account Verification for Pay-by-Bank
May 16, 2024

Dwolla and Visa have partnered to make it easier for mid- to enterprise-size businesses to use pay-by-bank to pay and get paid. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Yendo Raises $165 Million for ‘Vehicle-Secured’ Credit Card
May 16, 2024

Yendo, a FinTech offering a credit card tied to users’ car equity, is $165 million richer. 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
Lawmakers Urge Regulators to Make Financial Data More Accessible
May 16, 2024

Members of Congress from both houses and both parties sent a letter Tuesday (May 14) to the heads of eight federal financial regulatory agencies, urging them to implement the Financial Data Transparency Act (FDTA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Tassat and Glasstower Partner on B2B Payments for Multinational Corporations
May 16, 2024

Tassat Group and Glasstower Digital have partnered to facilitate cross-border digital B2B 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....

Retail
CVS Pharmacy Debuts Well Market Brand as Retailers Expand Private-Label Items
May 16, 2024

CVS Pharmacy, the retail division of CVS Health, launched a new store brand for snacks, beverages and groceries. 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...

Banking
Basel Committee Warns Against Banking Digitalization Risks
May 16, 2024

A global financial watchdog is warning against the risks of digitalization in the financial world. 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
Supreme Court Rules CFPB Funding Mechanism Constitutional
May 16, 2024

The Supreme Court ruled Thursday (May 16) that the Consumer Financial Protection Bureau’s funding mechanism is constitutional. 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...