News

Regulation
FinCEN Seeks Comments on Modernizing Customer Identification Program Requirements
March 28, 2024

The Financial Crimes Enforcement Network (FinCEN) requested comments on its Customer Identification Program (CIP) requirements for banks. 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,...

Biometrics
Amazon Debuts App for Easier Palm Payment Sign-Ups
March 28, 2024

Amazon is making it easier for consumers to use its palm payment tool Amazon One. 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...

Security & Fraud
US Pledges $10 Million Reward in Hunt for UnitedHealth Hackers
March 28, 2024

Last month, a hacker group known as ALPHV BlackCat attacked the U.S. healthcare system. 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...

eCommerce
AI Proves Effective in Stopping eCommerce Returns Fraud
March 28, 2024

Returns are a cost of doing business for all merchants. 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...

Banking
For Banks to Compete With FinTechs, They Need to Act Like One
March 28, 2024

The financial services landscape is an inherently customer-centric one. 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,...

Digital Banking
LendingTree Secures $175 Million in Financing to ‘Navigate Current Market Environment’
March 27, 2024

LendingTree has secured up to $175 million in financing from funds managed by Apollo affiliates. 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...

Digital Banking
Dwolla Taps MX for Account Verification, Aggregation Solutions
March 27, 2024

Dwolla has expanded its partnership with MX Technologies to help enterprises manage money movement. 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...

Security & Fraud
Rise of Synthetic IDs Demands New Approaches to Identity at the Point of Onboarding  
March 27, 2024

The synthetic ID — the online identity concocted through bits and pieces of information gleaned from far-flung sources, cobbled together by fraudsters — is wreaking havoc. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Clinique Becomes First Estée Lauder Brand on Amazon Premium Beauty
March 27, 2024

Some Estée Lauder Companies brands will open dedicated storefronts in the U.S. on Amazon’s Premium Beauty destination over the coming months.  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...