News

Banking
Fed Governor Lisa Cook Highlights Private Credit as Emerging Issue
May 08, 2024

Federal Reserve Governor Lisa Cook highlighted commercial real estate, private credit and cyber risks as potential issues. 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...

Regulation
UK’s FCA Defends Proposal to Disclose Companies Under Investigation
May 08, 2024

The Financial Conduct Authority (FCA), the United Kingdom’s financial watchdog, has reportedly faced a backlash from the industry regarding its proposal to publicly disclose companies under investigation.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
Experts Say OpenAI and Amazon Are Keepin’ It Real for AI
May 08, 2024

In a world increasingly flooded with artificial intelligence-generated content, tech behemoths are now locked in a high-stakes battle to develop cutting-edge tools that distinguish between what’s real and what’s not. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Trimble Acquires Flashtract to Expand Connected Construction Technology Ecosystem
May 08, 2024

Trimble has acquired Flashtract to add construction payment, compliance and lien waiver capabilities to its connected construction technology ecosystem. 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...

Payment Methods
Retail Shoppers Pay by Debit Card in Stores but by Credit Online
May 08, 2024

When shopping in stores, retail customers prefer to pay with debit, but eCommerce is a different story. 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
US Financial Giants Including Visa and JPMorgan Test Shared Ledger Tech
May 08, 2024

The U.S. financial system is exploring the use of shared ledger technology for multi-asset transactions. 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,...

Digital Banking
Nubank Marks 100 Million-Plus Digital Banking Customers
May 08, 2024

Brazilian digital bank Nubank now has more than 100 million customers. 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,...

B2B Payments
Expensify to Add Travel Features to Financial Management Platform
May 08, 2024

Expensify will add travel booking and management capabilities to its financial management platform for expenses and corporate cards. 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...

Retail
Balsam Brands Uses Real-Time Data to Make Its Holiday List
May 08, 2024

With the first quarter recently in the books and Q2 well underway, most companies have their collective eye on an uncertain economy and an inconsistent consumer. But for some companies, it’s beginning to look a lot like the holidays.  Get the Full Story Complete the...