News

Regulation
International Financial Stability Board Chair: Non-Bank Vulnerabilities Threaten Financial System
July 22, 2024

A top global financial watchdog says the “shadow banking” sector needs more regulation. 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....

Cross-border Payments
TerraPay: Scaling Cross-Border Payments Means Reducing How Much They Cost
July 22, 2024

Innovation within payments and commerce is increasingly centered on fostering global financial interoperability and inclusion. 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,...

Retail
Fast Food Brands Struggle as Consumer Sentiment Sours
July 21, 2024

Restaurant stocks have been struggling this summer, though it’s not quite clear why. 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....

Banking
OCC: Banks Unprepared for Cyberattacks and Other Risks
July 21, 2024

A U.S. banking regulator has reportedly determined that many lenders aren’t prepared for risks. 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...

IPO
Payments FinTech Ebury Reportedly Planning UK IPO
July 21, 2024

Santander-owned payments FinTech Ebury is reportedly planning to go public in the U.K. 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....

Security & Fraud
Report: Revolut Leads UK Scam Complaints Amid APP Fraud Surge
July 21, 2024

Revolut has reportedly denied thousands of British customers reimbursement requests after they were defrauded. 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...

Social Commerce
LinkedIn Employs AI and Games to Promote Daily User Visits
July 21, 2024

How often do you visit LinkedIn? The platform wants your answer to be “every day.” 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,...

Retail
Luxury Brands Slash Prices to Entice Middle-Income Buyers
July 21, 2024

Luxury brands have begun lowering their prices to win back middle-income shoppers. 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...

Retail
National Ice Cream Day Gets a Sprinkle of Digital Transformation This Sundae
July 20, 2024

Sunday (July 21) is National Ice Cream Day, and as the event has evolved for today’s digital consumers, brands are taking advantage of shoppers’ enthusiasm for the sweet treat to drive online engagement. Get the Full Story Complete the form to unlock this article and...